Villeray–Saint-Michel–Parc-Extension house market — May 2026
Based on 6 actual sales · CourtiConnect
Market context: house in Villeray–Saint-Michel–Parc-Extension
The Villeray/Saint-Michel/Parc-Extension neighbourhood recorded six documented sales in May 2026, establishing a median price of $850,000 against a trailing twelve-month median of $883,000 across all of Montréal based on 2,060 sales. This represents a neighbourhood median that is 3.7 percent lower than the city as a whole, positioning the area as a relatively more affordable segment within the broader metropolitan market. The modest transaction volume in this particular month reflects typical seasonal and cyclical patterns in the residential real estate market rather than unusual market stress or exuberance. Properties in this neighbourhood spent an average of 26 days on the market before concluding a sale, a figure that suggests a reasonably balanced pace of transaction activity. This timeline indicates neither a severely constrained inventory nor an oversupply condition, but rather a market where motivated buyers and sellers are able to connect and negotiate within a moderate timeframe typical of Montreal's established residential neighbourhoods. The average sale-to-asking price ratio across the six documented sales was 1.051, meaning that homes sold at approximately 5.1 percent above their listed asking prices on average. This premium suggests that buyers held meaningful negotiating leverage or that sellers faced competitive bidding situations, though this observation applies only to the recorded transactions in the sample and carries an 85 to 90 percent statistical confidence level. The building profile of properties that changed hands reflects a neighbourhood rooted in historical construction, with 100 percent of the six sales involving structures built before 1980. This means the housing stock consists entirely of established, older dwellings typical of Montreal's mature residential districts, with no recorded sales of newer construction from the 1980–2010 or post-2010 periods in this sample. Half of the six documented sales were concluded without a legal warranty of quality, a circumstance that is a standard consideration within real estate due diligence. Purchasers in such transactions proceed with their own inspections, professional assessments, and customary verification steps, practices that are routine in the resale market regardless of warranty status. For buyers seeking to enter this neighbourhood, the pricing sits modestly below the citywide median and the extended market timeline offers opportunity for careful evaluation before committing. For sellers, the above-asking results suggest sufficient buyer interest to justify bringing their properties to the market. To explore values and conditions in this neighbourhood further, consider using the real estate estimator to model specific properties and gain additional insight into current conditions.