Condo negotiation by price range · Quebec City · 2026
How much a condo is negotiated in Quebec City depending on its price: the sold-to-asking ratio by bracket over the past twelve months, the bracket negotiated the most, the one where asking price or more is paid, the comparison with houses, and what it changes for the seller and the buyer. Centris sales, nothing estimated.
In Quebec City, over the past 12 months (October 2025 to September 2026), condos sold at 99.9% of asking price on a sales-weighted average, 0.1 point below asking price. But the margin depends on the price: under $300,000, 99.7% (762 sales); $300,000 to $500,000, 100% (1,160 sales); $500,000 to $800,000, 100% (227 sales); $800,000 to $1M, 99% (35 sales); $1M and up, 99% (30 sales). Buyers negotiate the most in the $800,000 to $1M bracket (1 point below asking price) and the least in the $300,000 to $500,000 bracket (exactly at asking price): a 1-point gap. Asking price or more is paid in the $300,000 to $500,000, $500,000 to $800,000 brackets. It is in line with the 41 cities tracked (median gap 1 points). Source: Centris (Matrix), compiled October 13, 2026.
The short answer
In Quebec City, over the past 12 months (October 2025 to September 2026), condos sold at 99.9% of asking price on a sales-weighted average, 0.1 point below asking price. But the margin depends on the price: under $300,000, 99.7% (762 sales); $300,000 to $500,000, 100% (1,160 sales); $500,000 to $800,000, 100% (227 sales); $800,000 to $1M, 99% (35 sales); $1M and up, 99% (30 sales). Buyers negotiate the most in the $800,000 to $1M bracket (1 point below asking price) and the least in the $300,000 to $500,000 bracket (exactly at asking price): a 1-point gap. Asking price or more is paid in the $300,000 to $500,000, $500,000 to $800,000 brackets. It is in line with the 41 cities tracked (median gap 1 points).
Sold price over asking price by price bracket
| Price bracket | Sales | Share | Sold price ÷ asking price | Gap (points) |
|---|---|---|---|---|
| under $300,000 | 762 | 34% | 99.7% | −0.3 |
| $300,000 to $500,000 | 1,160 | 52% | 100% | 0 |
| $500,000 to $800,000 | 227 | 10% | 100% | 0 |
| $800,000 to $1M | 35 | 2% | 99% | −1 |
| $1M and up | 30 | 1% | 99% | −1 |
| All sales | 2,214 | 100% | 99.9% | −0.1 |
Sale price ÷ last asking price (ranges averaged weighted by sales) and number of sales by bracket, Condominium category, past 12 months (October 2025 to September 2026), Centris (Matrix), October 13, 2026 harvest. Gap in points: negative = sold below asking.
Range by range
The fifteen Centris ranges, with the dollar gap computed on the middle of the range (assumption: a condo sold at the centre of its range; the open million range has no middle).
| Centris range | Sales | Sold price ÷ asking price | Gap (points) | Gap in dollars (indicative) |
|---|---|---|---|---|
| $100,000 to $150,000 | 13 | 96% | −4 | −$5,000 |
| $150,000 to $200,000 | 75 | 98% | −2 | −$3,500 |
| $200,000 to $250,000 | 260 | 100% | 0 | $0 |
| $250,000 to $300,000 | 414 | 100% | 0 | $0 |
| $300,000 to $350,000 | 500 | 100% | 0 | $0 |
| $350,000 to $400,000 | 312 | 100% | 0 | $0 |
| $400,000 to $450,000 | 206 | 100% | 0 | $0 |
| $450,000 to $500,000 | 142 | 100% | 0 | $0 |
| $500,000 to $600,000 | 127 | 100% | 0 | $0 |
| $600,000 to $700,000 | 65 | 100% | 0 | $0 |
| $700,000 to $800,000 | 35 | 100% | 0 | $0 |
| $800,000 to $900,000 | 21 | 99% | −1 | −$8,500 |
| $900,000 to $1,000,000 | 14 | 99% | −1 | −$9,500 |
| $1M and up | 30 | 99% | −1 | n/a |
Where buyers negotiate the most in Quebec City
- Where buyers negotiate the most: the $800,000 to $1M bracket, at 99% of asking (35 sales); range by range, $100,000 to $150,000 is the most negotiated (96%, 13 sales).
- Where asking price or more is paid: $300,000 to $500,000 (100%), $500,000 to $800,000 (100%). This is multiple-offer territory: the seller picks the offer, the buyer prepares theirs before the visit.
- Bottom versus top of the market: under $500,000, condos sell at 99.9% of asking; at $800,000 and up, at 99%: the top is negotiated more than the bottom (0.9 point more).
- Over the year 2026 (January to September), all ranges combined, the ratio was 100% in our ten-year series in Quebec City, against 100% at the 2026 peak. The past twelve months (99.9%) tell the same story, cut by price.
- In dollars: on a condo at the 2026 median price in Quebec City ($335,000), 0.1 point below asking price is about $335 (indicative: the average ratio applied to the median price, not an actual sale).
- Across the 41 cities tracked, the median ratio all sales is 98.3%; by bracket, under $300,000 98%; $300,000 to $500,000 98.6%; $500,000 to $800,000 98.4%; $800,000 to $1M 98%; $1M and up 97%. The most negotiated bracket is most often under $300,000 (19 cities); at least one bracket sells at asking or above in 5 cities out of 41; the top of the market ($800,000 and up) is negotiated more than the bottom (under $500,000) in 10 of the 12 cities where both can be measured.
Condo versus house in Quebec City
Same query, same period, Single-family category instead of Condominium: all sales combined, condos are negotiated more than houses in Quebec City (2.8 points more margin). Across the 41 cities where both can be measured, condos are negotiated more than houses in 30 cities and less in 9; median gap condo minus house: −0.4 point. The house detail is in negotiation by price range in Quebec City, houses.
| Price bracket | Condo | House | Gap (points) |
|---|---|---|---|
| under $300,000 | 99.7% | 98.2% | 1.5 |
| $300,000 to $500,000 | 100% | 102.5% | −2.5 |
| $500,000 to $800,000 | 100% | 104.4% | −4.4 |
| $800,000 to $1M | 99% | 100% | −1 |
| $1M and up | 99% | 98% | 1 |
| All sales | 99.9% | 102.7% | −2.8 |
What it changes for selling or buying in Quebec City
In Quebec City, the margin follows the price: under $300,000 at 99.7%, $300,000 to $500,000 at 100%, $500,000 to $800,000 at 100%, $800,000 to $1M at 99%, $1M and up at 99%. The most negotiated bracket ($800,000 to $1M) is where buyers have the choice or the time; the firmest ($300,000 to $500,000) is where they are many for few listings. For a seller, the bracket's ratio says how much margin to keep between the asking price and the price they would accept; for a buyer, it says whether an offer below asking is a local habit or a risk. The ratio year by year, all ranges combined, is in condo sold over asking in Quebec City, ten years; days on market by price bracket, in condo days on market by price in Quebec City.
Advice for the seller in Quebec City
- Set the asking price on comparable sales in your bracket, not on inventory: in Quebec City, the $300,000 to $500,000 bracket gets 100% of asking, the $800,000 to $1M bracket 99%. An asking price above comparables draws even lower offers, or none.
- In the $300,000 to $500,000, $500,000 to $800,000 brackets, asking price is met or exceeded: a fair price and an offer date are enough, the margin does not need to be hidden in the price.
- Look at the fine range, not only the bracket: $100,000 to $150,000 is negotiated at 96%, $300,000 to $350,000 at 100%. Listings that do not sell are not in this ratio: see condos that do not sell in Quebec City.
Advice for the buyer in Quebec City
- In the $800,000 to $1M bracket, an offer below asking is the norm in Quebec City (1 point below asking price on average): start below the price and let the seller come to you.
- In the $300,000 to $500,000, $500,000 to $800,000 brackets, condos go at asking or above: a conditional offer below the price loses the property; you need a pre-approval, a quick inspection and a planned margin above the asking price.
- The ratio compares to the last asking price, not the original one: a condo that cut its price before selling shows at 98% or 99% even if the buyer paid well under the first listed price. The price-cut history is in the Centris listing; days on market by bracket are in condo days on market by price in Quebec City.
How to read these figures
One ratio per price bracket for all of Quebec City, over twelve months. It is read with the number of sales beside it: 1,160 sales in the best-selling bracket ($300,000 to $500,000) give a solid average; a bracket with 30 sales gives an indication. The ratio measures only sold condos: those that expired or were withdrawn, often because the asking price was too high, are not included (condos that do not sell in Quebec City).
Frequently asked questions
How much do buyers negotiate on a condo in Quebec City in 2026?
0.1 point below asking price on a sales-weighted average in Quebec City, a ratio of 99.9% over the past 12 months (October 2025 to September 2026), about $335 on a condo at the median price of $335,000 (indicative). The margin runs from 99% ($800,000 to $1M) to 100% ($300,000 to $500,000) depending on the bracket.
Which price range is negotiated the most in Quebec City?
The $800,000 to $1M bracket: 99% of asking, 35 sales; range by range, $100,000 to $150,000 at 96%. Across the 41 cities tracked, the most negotiated bracket is most often under $300,000 (19 cities), the firmest $300,000 to $500,000 (24 cities).
Do buyers pay asking price or more in Quebec City?
Yes, in the $300,000 to $500,000 (100%), $500,000 to $800,000 (100%) brackets in Quebec City. At least one bracket reaches 100% in 5 cities out of 41; all sales combined, 0 cities do.
Does the ratio account for price cuts before the sale?
No. The ratio compares the sale price to the last asking price, the one in force when the offer came in. A condo listed at $650,000, cut to $620,000 then sold at $610,000 shows at 98%, not 94%. The gap between asking price and original price, year by year, is measured in condo sold over asking in Quebec City, ten years.
Sources: Centris (Matrix), Statistics module, October 13, 2026 query for the municipality of Quebec City, Condominium category, past-12-months period, grouping by sale price, measure sold price vs asking price (ratio) and number of sales by range; compiled by the Loaa & Manseur team, aggregates only. The negotiation by price range in 41 cities hub compares the 41 cities.
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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.