Terrebonne house market — September 2025
Based on 22 actual sales · CourtiConnect
Market context: house in Terrebonne
The residential market in Terrebonne during September 2025 captured 22 recorded sales with a median price of $789,950, reflecting a neighbourhood that sits marginally below the city-wide median of $790,900 by 0.1 percent. This alignment demonstrates that the neighbourhood maintains pricing consistent with Terrebonne's overall market, neither commanding a premium nor experiencing a significant discount relative to the broader municipal landscape. The average sale price across these transactions reached $867,554, indicating some variation within the sample and suggesting that while the median provides a reliable central benchmark, certain properties have sold considerably higher, pulling the average upward. The pace of market activity reveals itself through an average days-on-market figure of 70 days, a timeframe that characterizes a market neither characterized by extreme urgency nor by prolonged stagnation. This duration suggests a measured, moderately active buyer pool willing to review properties over a two-to-three-month window before closing, a rhythm typical of markets where neither buyers nor sellers hold overwhelming leverage. Over the trailing six months, the neighbourhood's median price has climbed 2.3 percent, demonstrating steady if modest upward momentum that reflects underlying market stability without dramatic swings. The sale-to-asking price ratio, documented across 15 sales, stands at 1.000, meaning that buyers are meeting sellers' asking prices on average. This metric, which indicates neither systematic discounting nor significant premiums, reveals a balanced negotiating environment where neither party consistently gains the upper hand during transaction discussions. The building profile across the 22 sales shows a market dominated by properties constructed between 1980 and 2010, which account for 86 percent of sales, while homes built before 1980 represent 5 percent and newer construction from 2010 onward comprises 9 percent. This composition reflects a neighbourhood that is primarily composed of established residential stock from the later twentieth century, with a smaller emerging share of contemporary construction. During the purchase evaluation process, buyers should be aware that approximately 5 percent of the sales documented were concluded without a legal warranty of quality, a circumstance that simply underscores the importance of standard due diligence practices such as professional home inspections and standard conveyancing checks. For prospective buyers, this neighbourhood offers stable pricing aligned with municipal benchmarks and a moderate sales cycle that permits thoughtful evaluation. For sellers, the balanced price-to-asking ratio and steady six-month appreciation suggest conditions conducive to realistic market-rate transactions within a predictable timeframe. To explore property values and market dynamics in this neighbourhood more deeply, consider using the real estate estimator tool to assess individual properties and refine your understanding of the Terrebonne market.