Terrebonne house market — November 2025
Based on 26 actual sales · CourtiConnect
Market context: house in Terrebonne
The residential real estate market in Terrebonne recorded 26 sales in November 2025, with a median price of $790,000. This median aligns exactly with the broader Terrebonne market across the trailing twelve months, where 280 documented sales established the same $790,000 benchmark, positioning this neighbourhood precisely at parity with the city as a whole. The average price across these 26 transactions reached $923,415, reflecting the natural spread between lower and higher-priced properties that typically characterizes any active market segment. Properties remained on the market for an average of 55 days before sale, a timeframe that suggests a moderately paced market where homes find buyers within a reasonable window. This duration indicates neither a supply-constrained environment where homes disappear within weeks nor an oversupplied market where inventory lingers for extended periods. Instead, it reflects a relatively balanced dynamic in which motivated sellers and serious buyers move through the transaction process at a steady, measured rhythm. The sale-to-asking price ratio across 16 documented sales came to 0.985, meaning homes sold at approximately 98.5 cents on the dollar relative to their listing prices. This figure indicates that sellers retain meaningful negotiating position in this market; buyers are not bidding aggressively above asking, nor are they capturing substantial discounts. The data covers a subset of the month's transactions and reveals an equilibrium where price expectations and market reality align closely. The building profile reflects a mature neighbourhood with a modern lean. Four percent of sales involved properties built before 1980, while 65 percent dated from the 1980-to-2010 construction period, and 31 percent were built after 2010. This composition shows a predominantly middle-aged housing stock punctuated by a meaningful share of newer construction, creating diversity in property condition, design standards, and amenity profiles across available inventory. Eight percent of the 26 sales concluded without a legal warranty of quality, a circumstance that represents a straightforward due-diligence consideration. Buyers in such transactions benefit from conducting thorough inspections and performing standard verification checks to understand property condition and any required remediation, a practice that applies to any real estate purchase regardless of warranty structure. For buyers, this market offers homes priced at established neighbourhood values with moderate holding periods before closing. For sellers, asking prices have proven defensible in a balanced negotiating environment. To estimate the value of a specific property in Terrebonne, consult a detailed market estimator that reflects current conditions and comparable sales data.