Average condo price · Terrebonne · 2016-2026
The average sale price of a condo in Terrebonne every year since 2016, beside the median price and the median asking price, the gap between the average and the median and what it reveals about the market. Centris sales, nothing estimated.
In Terrebonne, the average sale price of a condo is $418,117 in 2026 (Jan. to Sept.), against $187,365 in 2016 (+123%) and $311,453 in 2021. The median price, meanwhile, is $382,000: the average is 9% above the median, a $36,117 gap, against 4% in 2016. The median asking price is $391,950: condos sell 3% below asking in 2026, against 5% above in 2021. It is in line with the 41 cities tracked (median gap 6%). Source: Centris (Matrix), compiled October 10, 2026.
The short answer
In Terrebonne, the average sale price of a condo is $418,117 in 2026 (Jan. to Sept.), against $187,365 in 2016 (+123%) and $311,453 in 2021. The median price, meanwhile, is $382,000: the average is 9% above the median, a $36,117 gap, against 4% in 2016. The median asking price is $391,950: condos sell 3% below asking in 2026, against 5% above in 2021. It is in line with the 41 cities tracked (median gap 6%).
Average price, median price and asking price by year
| Year | Average price | Median price | Average ÷ median | Median asking price | Sold ÷ asking | Sales |
|---|---|---|---|---|---|---|
| 2016 | $187,365 | $180,500 | 4% | $199,900 | -10% | 193 |
| 2017 | $195,040 | $181,000 | 8% | $195,000 | -7% | 228 |
| 2018 | $192,785 | $180,000 | 7% | $199,900 | -10% | 310 |
| 2019 | $212,893 | $200,000 | 6% | $219,900 | -9% | 418 |
| 2020 | $237,984 | $220,000 | 8% | $229,800 | -4% | 487 |
| 2021 | $311,453 | $293,500 | 6% | $280,000 | 5% | 460 |
| 2022 | $372,240 | $354,500 | 5% | $329,450 | 8% | 376 |
| 2023 | $362,079 | $340,000 | 6% | $359,900 | -6% | 358 |
| 2024 | $395,721 | $372,000 | 6% | $379,900 | -2% | 409 |
| 2025 | $402,295 | $368,000 | 9% | $369,000 | 0% | 460 |
| 2026 (Jan. to Sept.) | $418,117 | $382,000 | 9% | $391,950 | -3% | 300 |
Average sale price and median asking price, Condominium category, Centris (Matrix), October 9-10, 2026 harvest; median sale price and sales, September 16 query. 2026: January to September.
What ten years of prices say in Terrebonne
- Ten years: average price +123%, median price +112%, median asking price +96% in Terrebonne. The average rose faster than the median: the top of the condo market got dearer faster. Since 2025: average +4%, median +4%.
- The average-to-median gap by period: 2016-2019 6%, 2020-2022 6%, 2023-2024 6%, 2025-2026 9%; widest in 2026 (9%), narrowest in 2016 (4%). A widening gap says expensive condos (penthouses, new builds, waterfront) weigh more in sales.
- Sold versus asking: the sold median exceeded the asking median in 2021, 2022, 2025; in 2026, the gap is -3%. The average price fell in 2018, 2023; its peak is 2026 ($418,117).
- The average condo in Terrebonne is worth 0.7 times the median house ($599,000): the house remains above, the condo is the entry to the market.
- Across the 41 cities tracked, the average condo price went from $198,478 to $413,925 (+109%) in median of cities, the median price from $182,000 to $390,000 (+114%); the average-to-median gap is 6% in 2026 (7% in 2016), it widened in 20 cities, it exceeds 10% in 13; condos sold above the median asking price in 23 cities in 2021 and in 11 in 2026.
What it changes for selling or buying a condo in Terrebonne
In Terrebonne, the average-to-median gap (9%) is that of a normal condo market: a majority of ordinary units around $382,000 and a pricier minority pulling the average to $418,117. For a seller, the rule is simple: the price is set on recent sales in the building and comparable buildings, the city average only places the market; for a buyer, the difference between the two figures is the margin of what exists above the ordinary condo, and the sold-to-asking ratio (-3%) says how much is negotiated in 2026. The median price and its trajectory are in condo prices in Terrebonne; the same calculation for houses, in average house price in Terrebonne.
How to read these figures
One average price, one median price and one asking price per year for all of Terrebonne. All three are read with the number of sales beside them: 300 sales in 2026 (nine months) give solid medians; in a small city, ten sales of new condos move the average by several percent. 2026 counts January to September. The Condominium category includes apartments and divided co-ownership houses.
Frequently asked questions
What is the average condo price in Terrebonne in 2026?
$418,117 on average in 2026 (January to September), against $382,000 in median and $391,950 median asking price. In 2016, the average price was $187,365.
Why is the average price higher than the median price?
Because the average counts expensive condos at their price and the median only counts their number. In Terrebonne, the gap is 9% in 2026 ($36,117), against 4% in 2016; across the 41 cities tracked, it is 6% in median.
Which one should I use to price my condo?
The median, and above all recent sales in the building and comparable buildings. The city average places the market, it does not set a price: an ordinary condo listed at the average price waits for a buyer who wants a high-end condo. The median asking price ($391,950) and the sold-to-asking ratio (-3%) say what sellers listed and what they got.
Sources: Centris (Matrix), Statistics module, October 9 and 10, 2026 query for the municipality of Terrebonne, Condominium category, average sale price and median asking price by year; median sale price and number of sales, September 16, 2026 query; compiled by the Loaa & Manseur team, aggregates only, current year partial. The average condo prices in 41 cities hub compares the 41 cities.
Our proof, not our promises
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Also available in French: version française de ce guide.
Published September 7, 2026 by the Loaa & Manseur team, the number 1 team at RE/MAX Platine in 2024 and 2025, 6th RE/MAX team in Quebec, 15th in Canada and in the global top 50 according to the official RE/MAX ranking. Tell us about your project.