Terrebonne condo market — April 2025
Based on 11 actual sales · CourtiConnect
Market context: condo in Terrebonne
The condo market in Terrebonne recorded 11 sales in April 2025, with a median price of $425,000. This neighbourhood median aligns exactly with the broader Terrebonne market, which posted a median of $425,000 across 96 sales over the trailing 12 months, placing it at parity with the city as a whole. The average price stood at $448,300, indicating that select higher-value transactions pulled the mean above the median. The market moved at a moderate pace, with condos averaging 38 days on market. This timeframe suggests neither urgency nor stagnation—a rhythm typical of a balanced market where motivated buyers and sellers can find each other within a reasonable window, though neither party faces exceptional time pressure to close a transaction quickly. Based on documented sales data, the sale-to-asking price ratio averaged 1.032, meaning homes sold approximately 3.2 percent above their listed asking price on average. This modest premium reflects a marginal advantage for sellers, though the narrow spread suggests competitive equilibrium between buyer and seller leverage across the seven documented transactions examined. The building profile reveals a market dominated by newer construction. Of the 11 sales, 82 percent involved condos built after 2010, while 18 percent dated from the 1980–2010 period. No properties predating 1980 were included in the transaction sample, indicating that Terrebonne's condo inventory skews decidedly toward modern units. All 11 documented sales included a legal warranty of quality, a standard feature that protects buyers and is part of normal due diligence alongside inspections and other customary checks. For buyers, the balanced pace and seller-favourable pricing suggest a market where offers should be competitive but not necessarily rushed. For sellers, the alignment with citywide medians and the modest price premiums indicate solid buyer interest in Terrebonne condos. To explore specific properties or estimate values in this neighbourhood, consider using a local market estimator to refine your assessment.