Sainte-Thérèse condo market — February 2025
Based on 10 actual sales · CourtiConnect
Market context: condo in Sainte-Thérèse
The condo market in Sainte-Thérèse recorded ten documented sales in February 2025, with a median price of $417,500 and an average price of $467,540. When examined against the broader city median over the trailing twelve months—which stood at $420,000 based on eleven sales—the neighbourhood sits slightly below the municipal average, trading at a discount of 0.6 percent. This modest differential suggests relatively consistent pricing across the city's condo inventory, though the small sample sizes warrant caution when drawing wider conclusions about neighbourhood dynamics. The pace of sales activity reflects a modest but steady market. With ten transactions captured in a single month, the market shows consistent turnover, though without average days-on-market data available, the velocity of individual listings cannot be precisely characterized. The transaction volume itself indicates that buyers and sellers are actively engaging despite seasonal winter conditions, which often slow real estate activity in Quebec. The sale-to-asking price ratio across the ten documented sales averaged 0.988, meaning properties sold slightly below their asking prices on average. This figure covers the documented sales only and reflects a modest seller concession environment, suggesting that while negotiations occur, buyers have not achieved substantial leverage to drive prices meaningfully below initial listing positions. The market appears relatively balanced in this regard, with neither party commanding overwhelming negotiating power. The building profile within the condo inventory reveals a predominantly mid-career stock. Sixty percent of the sales involved condos constructed between 1980 and 2010, representing the core of the housing supply. Properties built before 1980 account for 10 percent of sales, while newer construction from after 2010 comprises 30 percent. This distribution indicates a market with stable mature housing alongside a meaningful proportion of newer units, offering buyers variety across different age profiles and likely maintenance expectations. In reviewing transactions, ten percent of sales concluded without a legal warranty of quality. For prospective buyers, this is a standard consideration requiring thorough due diligence—professional inspections, title searches, and customary legal checks remain essential regardless of warranty status, as these form the foundation of responsible property acquisition. For the buyer, this market offers reasonably balanced conditions with modest seller concessions and diverse building ages. For the seller, current pricing dynamics suggest realistic expectations aligned with buyer perceptions of value. To explore specific properties or estimate valuations in Sainte-Thérèse, the condo estimator provides an accessible starting point for your research.