Terrebonne house market — February 2025
Based on 12 actual sales · CourtiConnect
Market context: house in Terrebonne
In February 2025, the residential market in Terrebonne recorded 12 sales transactions, establishing a median price of $768,500. This neighbourhood sits slightly below the broader Terrebonne market, trading at 0.4% less than the city's trailing twelve-month median of $771,750, suggesting modest competitive positioning within the municipality. The average sale price across these transactions reached $812,981, indicating some variation in property values within the sample. The pace of market activity reflects a measured sales environment typical of the early winter period. While specific days-on-market data is not available for this particular sample, the volume of transactions suggests steady rather than brisk market movement, consistent with seasonal patterns in the greater Quebec region during February. Among documented sales where asking-price data was captured, the average sale-to-asking ratio stood at 0.978, based on nine transactions. This figure indicates that properties in this neighbourhood are generally selling just below their initial asking prices, reflecting a relatively balanced negotiating environment where neither buyers nor sellers hold pronounced leverage. This near-parity ratio suggests realistic pricing expectations from vendors and moderate buyer competition. The building profile in this neighbourhood shows significant diversity in construction periods. The twelve sales comprised an even split between properties built between 1980 and 2010, and those constructed after 2010, with no transactions involving pre-1980 homes. This composition reflects a neighbourhood composed primarily of intermediate and newer housing stock, likely appealing to buyers seeking modern construction features or homes requiring fewer major renovations. For prospective buyers, it is standard practice to conduct thorough property inspections and due-diligence reviews regardless of warranty status; notably, 17% of sales in this sample were concluded without legal warranty of quality, which simply means buyers and sellers should ensure appropriate inspections and verification steps are completed before closing. For sellers, the current market shows realistic pricing expectations and steady transaction flow, while for buyers, the neighbourhood offers relatively balanced conditions with access to both established and newer housing options. To refine your understanding of current market values in this neighbourhood, consider using our real estate estimator for property-specific insights tailored to Terrebonne's dynamic market.