Ville-Marie condo market — April 2025
Based on 8 actual sales · CourtiConnect
Market context: condo in Ville-Marie
In April 2025, the Ville-Marie condo market recorded eight sales with a median price of $1,010,000, positioning the neighbourhood significantly above the broader Montréal market. When compared to the median condo price across all of Montréal over the trailing twelve months—which stood at $572,700 across 240 documented sales—Ville-Marie commands a premium of 76.4 percent, underscoring its position as one of the city's most sought-after residential areas. The average sale price of $1,108,500 indicates some variability within the small sample, with certain transactions exceeding the median, though the gap between median and mean remains modest enough to suggest a relatively balanced distribution across price points. The average time on market for these eight sales reached 146 days, a figure that provides insight into the pace of transaction completion within the neighbourhood during this period. Extended marketing timelines of this length suggest a measured sales environment where properties typically remain listed for approximately five months before closing, reflecting neither a rapid absorption characteristic of supply-constrained markets nor the protracted marketing periods seen in slower segments. This tempo indicates that while Ville-Marie remains desirable, buyers in this price range appear to exercise deliberation, and sellers must account for substantially longer holding periods than in some other Montréal submarkets. The building stock in Ville-Marie's documented sales reveals a mix weighted toward newer construction. Properties built after 2010 accounted for half of the eight transactions, while those built between 1980 and 2010 comprised 38 percent, and pre-1980 buildings represented just 13 percent. This composition reflects ongoing urban renewal and condominium development in the neighbourhood, with the majority of recent sales activity concentrated in newer residential units rather than converted heritage stock or mid-century buildings. One further consideration in the purchase process: 25 percent of the documented sales were concluded without a legal warranty of quality. Buyers evaluating properties in Ville-Marie should understand that purchasing without such warranty remains a standard due-diligence matter, requiring thorough inspections and the customary checks that accompany any residential real estate transaction, regardless of whether a legal warranty accompanies the purchase. For buyers, Ville-Marie offers established neighbourhoods with contemporary housing stock and a substantial price premium reflecting location and demand. For sellers, the 146-day average marketing period underscores the importance of competitive pricing and effective presentation to capture interest in this selective segment. To explore current valuations and recent sales activity in Ville-Marie, consider using the estimator tool, which can provide additional context on comparable transactions and neighbourhood trends.