Terrebonne condo market — July 2025
Based on 13 actual sales · CourtiConnect
Market context: condo in Terrebonne
The condo market in Terrebonne recorded 13 sales in July 2025, with a median price of $417,000 and an average price of $452,538. This neighbourhood segment sits slightly below the broader Terrebonne condo market, which recorded a median price of $420,000 over the trailing 12 months across 115 sales—placing this neighbourhood 0.7 percent cheaper than the city as a whole. The six-month trend shows a modest decline of 1.9 percent in neighbourhood median price, suggesting a stabilizing market after earlier shifts in buyer demand and inventory levels. The average days on market for these sales stood at 63 days, indicating a measured sales pace typical of a balanced market where neither buyers nor sellers dominate negotiations. This timeframe reflects a reasonable opportunity for qualified buyers to complete their due diligence while allowing sellers sufficient exposure to attract interested parties without excessive holding periods. The sale-to-asking price ratio across documented sales was 1.000, based on nine recorded transactions with complete asking-price data. This figure demonstrates that buyers and sellers are meeting at fair-market equilibrium on average, with no systematic pattern of sales above or below listing prices in the sample, which carries a statistical confidence level of 90 to 95 percent. The building profile reveals a predominantly modern stock, with 77 percent of sales involving condos built after 2010, while 23 percent were constructed between 1980 and 2010. No sales were recorded for buildings predating 1980, underscoring the relative newness of the residential condo inventory in this neighbourhood and generally lower structural and mechanical age considerations. In the course of purchasing, 15 percent of sales were concluded without a legal warranty of quality, a figure that simply reflects normal market variation in transaction structures. Prospective buyers should view this as a standard opportunity to conduct property inspections and perform customary due-diligence checks, consistent with prudent real estate acquisition practices in any market. For buyers, this neighbourhood offers modern inventory at a slight discount to the city median, providing value in a stable pricing environment. For sellers, the equilibrium pricing and reasonable marketing timeline suggest that well-presented properties attract fair-value offers without extended wait periods. To estimate the current market value of a specific condo in this neighbourhood, consider using the market estimator tool, which incorporates recent transaction data and local pricing trends.