Q3 Downtown Report
25 Sep 2025Downtown Market Update
After a strong fall season, the downtown real estate market began to stagnate in April and has yet to rebound. This slowdown is creating more opportunities for buyers, with attractive pricing becoming increasingly common. In fact, some condos in need of renovation—virtually unsellable in today’s market—are now trading below the prices seen in 2021–2022, when the downtown market was at its most balanced.
At the same time, certain sectors and buildings are reaching record-high sale prices and continue to see steady activity. Some properties that experienced a dip in price per square foot in 2024 are already showing growth in 2025, making the market particularly complex to interpret.
If you’d like assistance in finding a condo at the right price before the upcoming impact of interest rates, feel free to contact us at 514.979.1976 – 514.582.7007 or info@downtownrealtyteam.ca.
You will find herewith a market report with the sales vs new listings as well as the changes in median listing price versus sale price over the previuos 12 months in the Ville-Marie (Downtown Montreal) borough.
