Saint-Léonard house market — May 2025
Based on 8 actual sales · CourtiConnect
Market context: house in Saint-Léonard
In May 2025, Saint-Léonard's residential market recorded eight sales with a median price of $755,000 and an average price of $766,750. This positions the neighbourhood at a 10.0% discount relative to Montréal's trailing twelve-month median of $839,000, reflecting a notably more affordable positioning within the broader metropolitan landscape despite the city's overall housing demand. The average days on market stood at 63 days, indicating a moderate pace of sales activity. This duration suggests neither rapid inventory turnover nor prolonged listing periods, pointing to a market where properties typically spend roughly two months from listing to closing. This timeframe reflects relatively balanced conditions for the period, with neither acute urgency nor structural stagnation characterizing the transaction environment. Among the five documented sales where asking price data was available, the average sale-to-asking price ratio reached 0.986, revealing that properties in aggregate sold marginally below their listed asking prices during this window. This slight discount signals modest buyer leverage, where negotiation outcomes have slightly favored purchasers, though the ratio remains close to parity and does not suggest a wholesale shift in bargaining power favoring either party. The housing stock itself leans considerably toward older construction. Among the eight sales recorded, 63% of properties dated from before 1980, while 38% fell within the 1980-to-2010 range. This composition underscores that Saint-Léonard's market is dominated by established residential stock predating modern building codes, with no recorded sales of homes built after 2010 in this sample. Buyers entering this market should anticipate engagement primarily with mid-century and earlier homes requiring assessment appropriate to their vintage. Of the eight transactions concluded in May 2025, 38% proceeded without a legal warranty of quality. This reflects a standard component of real estate due diligence; buyers acquiring properties under such terms are expected to undertake customary inspections and verification checks to establish the condition and fitness of the property before closing, as is typical practice in Quebec real estate transactions. For buyers, Saint-Léonard offers an established neighbourhood with pricing approximately 10% below the broader Montréal median, supporting accessibility within the metropolitan market. For sellers, the moderate sales pace and marginal discount to asking price suggest positioning properties competitively remains worthwhile in this segment. To explore current valuations and market trends in Saint-Léonard, consider consulting a professional real estate estimator who can contextualize these findings within your specific property profile and local conditions.