Varennes house market — May 2026
Based on 16 actual sales · CourtiConnect
Market context: house in Varennes
In May 2026, the residential market in Varennes recorded 16 documented sales, with a median price of $642,000. This neighbourhood sits notably above the city-wide median of $605,000 recorded over the trailing twelve months, representing a premium of 6.1 percent relative to Varennes as a whole. The average price across these sixteen transactions reached $695,063, reflecting the diversity of properties that changed hands during the period. The pace of sales activity in this segment showed moderate momentum, with properties spending an average of 39 days on market before closing. This timeframe suggests a measured rhythm of buyer and seller engagement, neither indicating rapid absorption nor extended holding periods. For a small sample of transactions in a single month, this metric provides a snapshot of how quickly inventory moved during May 2026. Examining the relationship between asking and selling prices across the documented sales reveals a sale-to-asking ratio of 0.989, meaning that on average, properties in this sample sold below their listed asking prices. Over these sixteen sales, this ratio indicates that buyers held modest negotiating leverage, though the discount was marginal and the market remained relatively balanced. This figure reflects only the documented transactions and represents conditions specific to May 2026. The housing stock itself displays a mixed age profile. Approximately 27 percent of properties date from before 1980, while 53 percent were constructed between 1980 and 2010, and 20 percent are newer builds from after 2010. This composition shows that the neighbourhood contains a substantial foundation of established housing alongside more recent development, creating variety in the character and condition of available homes across different vintage categories. In reviewing purchase documentation, buyers should note that 13 percent of the sales concluded without a legal warranty of quality. This is a standard consideration in real estate transactions and underscores the importance of conducting thorough inspections and due diligence before finalizing any purchase, consistent with prudent acquisition practices. For buyers entering this market, the moderate days-on-market figure and the modest price concessions suggest reasonable conditions for thoughtful decision-making. For sellers, the slight discount to asking prices reflects a balanced environment where clear positioning and property condition matter in achieving competitive outcomes. To explore values and market conditions in your specific property or target area within Varennes, consider using the real estate estimator tool, which can provide tailored insights based on current market data.