Montréal’s Real Estate Market in 2025: Steady Growth and a Return to Balance
Published on 08/10/2025
Montréal’s Real Estate Market in 2025: Steady Growth and a Return to Balance
The Montréal real estate market continues its strong momentum in 2025. After a few years of post-pandemic adjustment, activity is picking up again with higher sales, a more stable inventory, and a more balanced negotiation climate.
According to the Quebec Professional Association of Real Estate Brokers (QPAREB), the market remains strong and offers great opportunities for both buyers and sellers.
To navigate these shifts successfully, the guidance of a trusted real estate broker like Steve Rouleau, Real Estate Broker at RE/MAX du Cartier Montréal, remains essential.
Downtown Montréal continues to attract both local buyers and investors from across Quebec.
A Real Estate Market on the Rise
In January 2025, Montréal saw an impressive 49% increase in sales, with a total of 1,017 transactions across the island.
At the same time, new listings surged by 19%, reaching 2,585 properties available on the market.
During the second quarter, the Greater Montréal Area recorded 14,490 residential sales, a 12% growth compared to 2024.
By August 2025, the market still showed strong momentum with 3,330 transactions (+11.3% year-over-year) and a total transaction volume exceeding $2.2 billion.
Condominiums account for more than half of all residential transactions in Montréal.
Prices Still Rising, but a More Balanced Market
In the second quarter of 2025, median prices stood at:
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Single-family homes: $625,000 (+9%)
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Condominiums: $425,000 (+5%)
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Plexes (2–5 units): $829,000 (+9%)
The supply is expanding slightly, with 8,222 active listings (+6%).
The sales-to-new-listings ratio eased to 60% in August, a clear sign that Montréal is transitioning toward a balanced market after years of overheated activity.
According to Steve Rouleau:
“We’re seeing a more normal market again. Bidding wars are less common, but well-presented properties still sell quickly.”
Rosemont and Villeray: Two of Montréal’s Most Sought-After Neighborhoods
The neighborhoods of Rosemont and Villeray continue to top buyers’ wish lists.
Rosemont charms with its leafy streets, cozy cafés along Promenade Masson, and proximity to Maisonneuve Park.
Villeray, on the other hand, attracts young families thanks to its warm community vibe, local shops, and access to Jarry Park and public transit.
In 2025, condominiums remain the dominant property type — representing 58% of transactions, compared to 26% for single-family homes and 15% for plexes.
This reflects Montréalers’ ongoing preference for urban, practical, and affordable living.
