Villeray–Saint-Michel–Parc-Extension house market — June 2025
Based on 14 actual sales · CourtiConnect
Market context: house in Villeray–Saint-Michel–Parc-Extension
In June 2025, the Villeray/Saint-Michel/Parc-Extension neighbourhood recorded 14 sales with a median price of $732,500 and an average price of $715,429. This places the neighbourhood at a 13.8% discount relative to the city of Montréal as a whole, where the median price over the trailing twelve months across 694 transactions stood at $850,000. The neighbourhood thus continues to position itself as a more accessible entry point for buyers compared to the broader metropolitan market, though the modest transaction volume in a single month warrants caution when drawing conclusions from this snapshot. The average days on market during June 2025 was 58 days, suggesting a moderate pace of sales. This timeframe—roughly two months from listing to closing—indicates neither a pressured nor a sluggish market. Properties in this neighbourhood took a steady but measured period to find buyers, reflecting balanced conditions where neither sellers nor purchasers faced acute urgency to transact quickly. Among the documented sales where asking-price data was available, the average sale-to-asking price ratio was 0.933, calculated across ten transactions. This figure below unity indicates that properties in the neighbourhood typically closed at approximately 6.7% below their initial asking prices on average. This pattern reflects a buyer's market dynamic in which purchasers held negotiating leverage, though the sample of ten documented sales is relatively small and consideration should be given to the limitations this imposes on interpreting the broader trend. The housing stock in Villeray/Saint-Michel/Parc-Extension, based on the fourteen sales recorded in June 2025, consists entirely of pre-1980 construction. All properties transacted during this period fall into this older vintage, with no sales of homes built during the 1980–2010 period or after 2010. This composition reflects a neighbourhood of mature, heritage housing stock without recent new construction activity or substantial renovation-driven redevelopment entering the resale market. Over the same fourteen transactions, 57% of sales were concluded without a legal warranty of quality. For buyers, this represents a standard due-diligence consideration; properties sold without such warranty simply place greater responsibility on the purchaser to conduct thorough inspections and standard checks prior to closing, a normal part of residential acquisition in such cases. For buyers, the neighbourhood offers established properties at a meaningful discount to the city median, paired with moderate market pace that allows measured decision-making. For sellers, the negotiating environment reflects buyer preference, requiring realistic pricing and property presentation to capture market interest efficiently. To assess the current value of a specific property in this neighbourhood, consider using a real estate estimator tool tailored to recent local transactions and current market conditions.