Trois-Rivières condo market — February 2025
Based on 11 actual sales · CourtiConnect
Market context: condo in Trois-Rivières
The condo market in this Trois-Rivières neighbourhood recorded 11 sales in the observed period, with a median price of $290,000. This median sits 5.8% above the city-wide median of $274,000 over the trailing twelve months, positioning the neighbourhood as a relatively stronger performer compared to Trois-Rivières overall. The average sale price across these transactions reached $361,364, reflecting some variation in property values within the sample. It is important to note that these statistics carry indicative estimation confidence, meaning they provide directional insight rather than absolute precision. The pace of sales activity remains modest, with 11 transactions representing a measured market rhythm typical of secondary urban centres. Over the past six months, the neighbourhood's median price has declined by 9.7%, suggesting a softening in valuations that warrants attention from both buyers and sellers evaluating their positioning. This trend contextualizes current asking and listing strategies in the market. Among the documented sales, the average sale-to-asking price ratio was 0.996, meaning properties sold for approximately 99.6% of their asking prices on average. This figure, derived from the eleven recorded transactions, indicates a nearly balanced negotiating environment where neither buyers nor sellers held pronounced leverage. Prices held close to market expectations, reflecting a relatively efficient matching of supply and demand at the asking level. The building profile reveals a modern-leaning inventory: 73% of the sales involved properties built after 2010, while 27% dated from the 1980–2010 period. No properties in this sample pre-dated 1980. This composition suggests that the neighbourhood's condo stock is predominantly newer construction, which typically carries different maintenance and amenity profiles compared to older urban stock. During due diligence, it is worth noting that 36% of the sales in this period were concluded without a legal warranty of quality. This is a routine consideration that buyers ordinarily address through property inspections and standard checks as part of their acquisition process. For buyers, the neighbourhood's premium positioning relative to Trois-Rivières combined with newer construction offers appeal, though recent price softening suggests a moment to assess value carefully. For sellers, the balanced sale-to-asking ratio reflects a competitive but achievable market where pricing discipline remains important. To explore what a specific property might be worth in this market context, consider using the estimator tool designed for Trois-Rivières properties.