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, establishing a median price of $417,000 for the neighbourhood. This median sits 0.7% below the broader Terrebonne condo market, which posted a 12-month median of $420,000 across 115 transactions, positioning the neighbourhood as modestly more affordable than the city's overall condo landscape. The average price across these 13 transactions reached $452,538, reflecting some variation in unit values within the sample. The pace of sales activity showed a measured rhythm, with condos remaining on the market for an average of 63 days. This timeline suggests a balanced market where properties neither move with urgency nor languish—a pace typical of markets where both buyer and seller interest exist but neither party holds overwhelming negotiating power. Documented sales data covering nine transactions revealed an average sale-to-asking price ratio of 0.889, indicating that buyers secured deals at approximately 89% of listed asking prices on average. This ratio underscores a buyer-favourable dynamic in negotiations, though it is important to note this figure reflects only the documented sales with complete pricing information. The housing stock in this neighbourhood leans decidedly modern. Of the 13 sales recorded, 77% involved condos built after 2010, while 23% dated from the 1980–2010 period. No units from before 1980 changed hands during this month, reflecting the neighbourhood's relatively contemporary composition. During the purchase process, prospective buyers should conduct standard due diligence including property inspections and customary checks, particularly given that 15% of the 13 recorded sales were concluded without a legal warranty of quality—a consideration that underscores the importance of thorough pre-purchase verification. For buyers, this neighbourhood offers relatively affordable entry into Terrebonne's condo market with predominantly newer construction. For sellers, the data suggests realistic pricing expectations aligned with the broader market, tempered by the current buyer-favourable negotiating environment. To estimate the value of a specific property or explore further market insights for Terrebonne, consider using the real estate estimator tool to access detailed, current market analysis.