Terrebonne house market — October 2025
Based on 29 actual sales · CourtiConnect
Market context: house in Terrebonne
Terrebonne's residential market recorded 29 documented sales in October 2025, with a median price of $780,000, positioning this neighbourhood 1.3% below the city-wide median of $790,000 over the trailing twelve months across 254 transactions. This modest differential reflects a neighbourhood that remains competitively priced within the broader Terrebonne context, offering buyers relative value compared to higher-priced sectors. The average transaction price reached $845,275, indicating a distribution where some sales notably exceeded the midpoint while others fell below it. Properties in this segment spent an average of 84 days on market, a timeframe that reflects a measured sales pace typical of a balanced market environment. This duration suggests neither acute supply constraints nor an oversupply of available inventory, indicating that buyer and seller interests are relatively well-aligned in terms of market velocity and transaction completion timelines. The average sale-to-asking price ratio across 18 documented sales stood at 0.989, meaning that properties sold at approximately 1.1% below their asking prices on average. This figure reveals that sellers retained modest pricing leverage during this period, with final transaction prices tracking very closely to initial listings. This near-unity ratio indicates neither a pronounced buyer's market nor a seller's market, but rather equilibrium in negotiating dynamics. The building profile across the 29 sales reflects a neighbourhood anchored firmly in mid-period construction, with 66% of homes built between 1980 and 2010. Older stock built before 1980 represented 17% of sales, while newer constructions completed after 2010 made up the remaining 17%, demonstrating a mixed-age housing stock that appeals to buyers seeking both established character and modern properties. In the course of standard due diligence, buyers should note that 14% of the sales concluded without legal warranty of quality, underscoring the importance of conducting inspections and customary title and condition checks before finalizing purchase. For buyers entering this segment, the modest median price combined with balanced market conditions creates a reasonably stable platform for acquisition decisions. For sellers, the proximity of final prices to asking values suggests that appropriately priced properties will move through the sales cycle in a competitive, orderly fashion. To explore valuations in this neighbourhood further, consider using a detailed real estate estimator tailored to the Terrebonne market.