Saint-Léonard condo market — July 2025
Based on 8 actual sales · CourtiConnect
Market context: condo in Saint-Léonard
The condo market in Saint-Léonard during July 2025 reflected measured activity, with eight recorded sales and a median price of $422,000. This median represents a meaningful discount relative to the broader Montréal condo market, positioning Saint-Léonard at 24.5% below the city-wide median of $558,800 for condos over the trailing twelve months, which was based on 852 documented transactions. This price differential underscores Saint-Léonard's relative affordability within the metropolitan landscape, making the neighbourhood an accessible option for buyers seeking entry points or value-oriented acquisitions. The average time on market stood at 91 days, a figure that speaks to a deliberate rather than hurried sales pace. This timeline suggests neither exceptional urgency nor stalled inventory; instead, it indicates a market where transactions unfold at a steady rhythm, allowing both buyers and sellers reasonable opportunity to conduct due diligence and make informed decisions without artificial time pressure. The sale-to-asking price ratio of 0.959, documented across six sales with available pricing data, reveals that buyers generally acquired properties slightly below the asking price. This ratio below parity indicates that negotiation dynamics favoured purchasers during this period, with properties typically settling at approximately 4 per cent below their listed value. Over the documented sales examined, this pattern demonstrates a buyer-leaning market where price expectations adjusted through the negotiation process. From a structural perspective, the condo stock in Saint-Léonard tilts modern. Among the eight sales recorded, 63 per cent involved buildings constructed between 1980 and 2010, while 38 per cent came from buildings completed after 2010. No recorded sales involved pre-1980 construction, indicating that contemporary and relatively newer units dominated transactions during this period. This composition reflects a neighbourhood inventory increasingly composed of post-1980 residential buildings. A small share of transactions, specifically 13 per cent across the eight sales, were concluded without legal warranty of quality. Buyers in such cases would typically pursue standard due-diligence procedures including professional inspections and customary title and structural checks, as part of ordinary real estate practice. For prospective buyers, Saint-Léonard offers a median-priced entry point significantly below the city average, presenting an opportunity to acquire property at a relative discount. For sellers, the 91-day average market duration and the negotiated pricing environment underscore the importance of realistic pricing and effective marketing to stand out within this balanced market. To understand whether a specific property aligns with current neighbourhood conditions, consider using a real estate estimator tailored to Saint-Léonard's recent transaction patterns.