Terrebonne condo market — October 2025
Based on 13 actual sales · CourtiConnect
Market context: condo in Terrebonne
The condo market in Terrebonne recorded 13 sales in October 2025, with a median price of $415,000 and an average price of $427,462. This neighbourhood sits slightly below the broader Terrebonne market, trading at 0.5 percent below the city's trailing 12-month median of $417,000 across 126 documented transactions. The modest price differential suggests this area is competitive within the municipal landscape while remaining accessible relative to the wider market. The average days on market stood at 44 days, indicating a measured pace of sales activity. This timeframe reflects a balanced market where properties move steadily without excessive urgency on either side, allowing both buyers and sellers reasonable opportunity to evaluate their options and negotiate terms. The sale-to-asking price ratio, based on 10 documented sales, was 0.988, meaning properties closed slightly below their asking prices on average. This statistic reveals that buyers held modest leverage in negotiations, with sellers making minor price concessions to close transactions—a pattern typical of markets where supply and demand remain relatively equilibrated. The building profile shows a modern neighbourhood composition, with 62 percent of sales involving condos built after 2010 and 38 percent constructed between 1980 and 2010. No properties predating 1980 changed hands in this sample, underscoring that this market segment is concentrated in newer and relatively recent stock, which typically involves lower maintenance profiles and modern amenities. Among the 13 documented sales, none concluded without legal warranty of quality. Buyers should nevertheless conduct standard due diligence, including professional inspections and title reviews, as part of any prudent acquisition process. For buyers, this neighbourhood offers recent construction at prices marginally below the city average, suggesting reasonable value. For sellers, the modest gap between asking and selling prices indicates that realistic pricing aligns well with market expectations. To explore condo values in this neighbourhood further or to estimate the market position of a specific property, use the real estate estimator tool to access current data and pricing insights.