Villeray–Saint-Michel–Parc-Extension house market — August 2025
Based on 10 actual sales · CourtiConnect
Market context: house in Villeray–Saint-Michel–Parc-Extension
The Villeray/Saint-Michel/Parc-Extension neighbourhood recorded 10 sales in August 2025, with a median price of $626,500 and an average price of $652,750. These figures position the neighbourhood notably below the broader Montréal market, where the median house price over the trailing twelve months stood at $825,000 across 1,030 recorded sales. The neighbourhood median sits 24.1% cheaper than the city as a whole, reflecting the relative affordability of this area compared to Montréal's overall residential landscape. The pace of sales in Villeray/Saint-Michel/Parc-Extension during this period showed moderate activity, with properties remaining on the market for an average of 74 days. This timeline suggests neither a particularly rapid turnover nor prolonged listing duration, indicating a measured rhythm of sales activity where properties were neither moving exceptionally quickly nor sitting idle for extended periods. The 74-day average provides a sense of the realistic timeframe buyers and sellers should anticipate when engaging in transactions within the neighbourhood. Analysis of the sale-to-asking price ratio across nine documented sales reveals an average of 0.985, meaning that properties in aggregate sold at approximately 98.5% of their asking price. This figure indicates relatively balanced negotiations between buyers and sellers, with homes selling marginally below their initial asking prices on average. Such a ratio suggests that neither party held overwhelming leverage during this particular month, and that market conditions supported reasonable price expectations at the outset of listings. The housing stock in Villeray/Saint-Michel/Parc-Extension reflects a distinctly older residential character. Among the nine sales where construction period data was available, 100% of homes were built before 1980, with no properties from the 1980-2010 period or built after 2010 represented in the sample. This composition underscores the neighbourhood's established character as a mature residential area dominated by pre-1980 housing stock. Buyers in this market should expect properties that reflect this era of construction and design. One notable due-diligence consideration emerged in the August 2025 sales data: 20% of the 10 recorded transactions concluded without legal warranty of quality. This frequency is a normal aspect of real estate transactions and simply reflects that some buyers and sellers agreed to proceed on an as-is basis. Prospective purchasers in such arrangements would typically conduct standard inspections and other customary verification checks as part of their acquisition process. For buyers, this neighbourhood offers established housing at a meaningful discount relative to Montréal's city-wide median. For sellers, pricing realistically against the broader market context and allowing adequate time for qualified buyers to emerge remains prudent guidance. To explore property values and market dynamics in Villeray/Saint-Michel/Parc-Extension in greater depth, consider using a market estimator tool tailored to current neighbourhood data.