Terrebonne house market — August 2025
Based on 29 actual sales · CourtiConnect
Market context: house in Terrebonne
In August 2025, the neighbourhood recorded 29 documented sales with a median price of $815,000, positioning it approximately 3.0% above the citywide median of $790,900 for Terrebonne over the trailing twelve months. This premium reflects the neighbourhood's relative desirability within the broader municipal market, where 204 sales were recorded over the same period. The average price across these transactions reached $850,752, indicating a modest spread between median and mean values that suggests a fairly balanced distribution of property values. The average time on market for properties in the neighbourhood stands at 56 days, a timeframe that reflects a moderately paced sales cycle. Properties are neither moving with exceptional speed nor lingering with extended holding periods, suggesting a market in equilibrium where buyers have reasonable opportunity to view inventory while sellers experience neither unusual urgency nor prolonged waiting periods. This pace is typical of a neighbourhood where supply and demand conditions remain relatively stable. The neighbourhood's building profile reveals a contemporary composition, with 62% of documented sales involving homes constructed between 1980 and 2010, while 38% date from after 2010. No properties from before 1980 were included in the transaction sample. This mix indicates a neighbourhood dominated by relatively modern housing stock, with a significant proportion of newer construction adding to the market's contemporary character and likely reducing concerns about older infrastructure or deferred maintenance across the neighbourhood as a whole. A standard consideration for any buyer evaluating a property purchase involves conducting thorough inspections and due diligence checks. In this neighbourhood, 7% of documented sales involved transactions concluded without legal warranty of quality, which represents a minor occurrence that buyers should factor into their inspection protocols and customary verification procedures. For buyers, this neighbourhood offers properties at a moderate premium to the city average within a market displaying steady conditions. For sellers, the six-month trend showing a 6.1% increase in the neighbourhood median price reflects positive momentum that may support competitive positioning. To assess a specific property's value in this neighbourhood, consider using the real estate estimator to obtain a current market opinion based on comparable sales data.