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Montreal

Housing Market Review
Live reportAugust 2026
Average Price
$689,824
MoM-0.6%
YoY3.4%
Transactions
2,853
MoM-14.5%
YoY-13.1%

Average Sold Price*

*All residential properties (single-family, condo, plex). Average = sales volume / sales

Transactions*

*All residential properties (single-family, condo, plex). Average = sales volume / sales

Market Conditions

August 2026

New Listings5,874
YoY7.4%
Active Listings20,128
YoY17.8%
Sales Volume$1.97B
YoY-10.1%
Total value of the homes sold
Sales to New Listings49%Sales / new listings this month
Months of Inventory5.112-month average. Under 8 favours sellers, over 10 buyers
Days on Market, Houses42
YoY2.4%
Single-family homes, average
Days on Market, Condos62
YoY24%
Average
Overview - Single-familyAugust 2026
Median Price
$650,000
MoM0%
YoY2.8%
Median Sold Price
Transactions
1,498
MoM-19.1%
YoY-9.2%
Transactions
Overview - CondoAugust 2026
Median Price
$437,250
MoM1.3%
YoY3.6%
Median Sold Price
Transactions
1,046
MoM-8.4%
YoY-17.7%
Transactions
Overview - Plex (2-5 units)August 2026
Median Price
$856,000
MoM-1%
YoY1.7%
Median Sold Price
Transactions
307
MoM-9.7%
YoY-13.5%
Transactions

Montreal - Region Breakdown

August 2026

Saint-Jean-sur-Richelieu had the lowest average property price in the market, with an average price of $595,036. On the other hand, Island of Montreal was the area with the highest average property price, reaching $779,646. Additionally, South Shore of Montreal saw the largest month-over-month rise in average price with a 2.6% increase, while Saint-Jean-sur-Richelieu had the lowest with a -4.4% decrease.

Area
Avg. Price
Monthly Change
Yearly Change
Transactions
Island of Montreal$779,646
-3.6%
0.8%
1,047
Laval$650,826
0%
6.6%
255
North Shore of Montreal$613,430
1.3%
4.9%
667
Saint-Jean-sur-Richelieu$595,036
-4.4%
10.5%
69
South Shore of Montreal$663,496
2.6%
5.8%
664
Vaudreuil-Soulanges$629,417
-0.8%
-1.4%
151

Glossary

Single-family

A house meant for one household: detached, semi-detached or row. It is sold with its land and is not part of a condominium (divided co-ownership).

Condo

A unit held in divided co-ownership (condominium): the owner holds the unit and a share of the common areas, and pays condo fees for their upkeep. Most are apartments; some are townhouses.

Plex (2-5 units)

A building of two to five dwellings under a single title: duplex, triplex, quadruplex or quintuplex. Common in Montreal and Quebec City, often bought to live in one unit and rent out the others.

Median price

The price in the middle of all sales: half sold for more, half for less. Less sensitive to a few very expensive sales than the average, which is why QPAREB reports it for each property category.

Average price

Total sales volume divided by the number of sales, all residential properties together. QPAREB does not publish it; it is calculated here so that markets can be compared on the same figure.

CMA

Census metropolitan area, as defined by Statistics Canada: the city and the surrounding municipalities tied to it. The figures on this page cover the whole CMA.

Data obtained from the Quebec Professional Association of Real Estate Brokers (QPAREB) by the Centris system reports.

The information presented on HousingPortal.ca is intended for general illustrative purposes only. While the information is believed to be reliable, it cannot be guaranteed for accuracy, completeness, or currency. Neither HousingPortal.ca and its employees, nor any other party identified in this guide/report, assumes any liability for the information provided. The views and opinions expressed by the analysts at HousingPortal.ca are their own and should not be considered as investment advice. It is recommended that you seek the advice of a licensed real estate professional before making any decisions regarding real estate investments.