Condo price cuts by bracket · Montreal · 2026
How much condo sellers in Montreal cut their listed price before selling, bracket by bracket over the past twelve months: the ratio on the original price, the ratio on the last asking price, the gap in points and dollars, the bracket that adjusts the most and what it changes for the starting price. Centris sales, nothing estimated.
In Montreal, over the past 12 months (October 2025 to September 2026), condos sold at 96.7% of their original price and at 97.8% of their last asking price: between the two, 1.2 point, the cut sellers made to the listed price before selling, about $5,799 on a condo in the middle of the ranges sold. By price bracket: under $300,000, 94.2% of original and 96.7% of asking, 2.5 points ($6,423); $300,000 to $500,000, 96.5% of original and 97.8% of asking, 1.3 point ($5,179); $500,000 to $800,000, 97.5% of original and 98.3% of asking, 0.8 point ($4,996); $800,000 to $1M, 97.4% of original and 98.0% of asking, 0.6 point ($5,381); $1M and up, 96.0% of original and 97.0% of asking, 1.0 point. Sellers adjust the most in the under $300,000 bracket (2.5 points) and the least in $800,000 to $1M (0.6 point). It is one of the cities where condo sellers adjust the most among the 41 tracked (median 0.7 point). Source: Centris (Matrix), compiled October 14, 2026.
The short answer
In Montreal, over the past 12 months (October 2025 to September 2026), condos sold at 96.7% of their original price and at 97.8% of their last asking price: between the two, 1.2 point, the cut sellers made to the listed price before selling, about $5,799 on a condo in the middle of the ranges sold. By price bracket: under $300,000, 94.2% of original and 96.7% of asking, 2.5 points ($6,423); $300,000 to $500,000, 96.5% of original and 97.8% of asking, 1.3 point ($5,179); $500,000 to $800,000, 97.5% of original and 98.3% of asking, 0.8 point ($4,996); $800,000 to $1M, 97.4% of original and 98.0% of asking, 0.6 point ($5,381); $1M and up, 96.0% of original and 97.0% of asking, 1.0 point. Sellers adjust the most in the under $300,000 bracket (2.5 points) and the least in $800,000 to $1M (0.6 point). It is one of the cities where condo sellers adjust the most among the 41 tracked (median 0.7 point).
Original price, asking price and cut before the sale, by bracket
| Price bracket | Sold ÷ original price | Sold ÷ asking price | Cut before the sale | In dollars (approx.) | Sales | Share |
|---|---|---|---|---|---|---|
| under $300,000 | 94.2% | 96.7% | 2.5 points | $6,423 | 555 | 7% |
| $300,000 to $500,000 | 96.5% | 97.8% | 1.3 point | $5,179 | 3,609 | 48% |
| $500,000 to $800,000 | 97.5% | 98.3% | 0.8 point | $4,996 | 2,469 | 33% |
| $800,000 to $1M | 97.4% | 98.0% | 0.6 point | $5,381 | 491 | 6% |
| $1M and up | 96.0% | 97.0% | 1.0 point | n/a | 435 | 6% |
| All sales | 96.7% | 97.8% | 1.2 point | $5,799 | 7,559 | 100% |
Condominium category, whole municipality of Montreal, past 12 months (October 2025 to September 2026), Centris (Matrix), harvested on the night of October 13 to 14, 2026. Labelled assumption: the original price is the listing's first asking price, the asking price the last one before the sale; the gap between the two ratios measures the cut to the listed price before the sale, not the final negotiation. Bracket published from 5 sales with both ratios known; dollars = gap applied to the middle of the range, an approximation.
The fine ranges
| Centris range | Sold ÷ original | Sold ÷ asking | Cut | In dollars | Sales |
|---|---|---|---|---|---|
| $0 to $100,000 | 80.0% | 88.0% | 8.0 points | $4,000 | 14 |
| $100,000 to $150,000 | n/a | n/a | n/a | n/a | 3 |
| $150,000 to $200,000 | 84.0% | 93.0% | 9.0 points | $15,750 | 10 |
| $200,000 to $250,000 | 94.0% | 97.0% | 3.0 points | $6,750 | 127 |
| $250,000 to $300,000 | 95.0% | 97.0% | 2.0 points | $5,500 | 401 |
| $300,000 to $350,000 | 96.0% | 97.0% | 1.0 point | $3,250 | 790 |
| $350,000 to $400,000 | 96.0% | 98.0% | 2.0 points | $7,500 | 1,070 |
| $400,000 to $450,000 | 97.0% | 98.0% | 1.0 point | $4,250 | 943 |
| $450,000 to $500,000 | 97.0% | 98.0% | 1.0 point | $4,750 | 806 |
| $500,000 to $600,000 | 97.0% | 98.0% | 1.0 point | $5,500 | 1,196 |
| $600,000 to $700,000 | 98.0% | 99.0% | 1.0 point | $6,500 | 790 |
| $700,000 to $800,000 | 98.0% | 98.0% | 0.0 point | $0 | 483 |
| $800,000 to $900,000 | 97.0% | 98.0% | 1.0 point | $8,500 | 297 |
| $900,000 to $1,000,000 | 98.0% | 98.0% | 0.0 point | $0 | 194 |
| $1M and up | 96.0% | 97.0% | 1.0 point | n/a | 435 |
What price cuts by bracket say in Montreal
- Bottom versus top of the market: under $500,000, sellers cut their listed price by 1.9 point on average across brackets before selling; at $800,000 and up, by 0.8 point. The top of the market does not adjust more than the bottom here: price corrections happen on every floor.
- The best-selling bracket, $300,000 to $500,000 (3,609 sales, 48% of the total), shows 1.3 point of cut before the sale; the most adjusted fine range (at least 5 sales) is $150,000 to $200,000, 9.0 points ($15,750 on the middle of the range). The best-selling range is $500,000 to $600,000.
- Across the 41 cities tracked, condos sell at 97.7% of the original price and 98.3% of the last asking price in median: 0.7 point of listed price cut before the sale, about $2,896; by bracket, Under $300K 1.0 point; $300K to $500K 0.6 point; $500K to $800K 0.8 point; $800K to $1M 1.2 point; $1M and up 1.0 point. The most adjusted bracket is most often under $300,000 (16 cities), the least adjusted $300,000 to $500,000 (21 cities); the top of the market adjusts more than the bottom in 6 cities out of 41; at least one bracket exceeds 3 points in 7 cities.
What it changes for selling or buying a condo in Montreal
In Montreal, the bracket changes a lot about how condo sellers get to their price: 1.9 point separate the most adjusted bracket (under $300,000, 2.5 points) from the least adjusted ($800,000 to $1M, 0.6 point). For a seller in the adjusted bracket, the lesson is that the first listed price was too high in many cases and had to be corrected, with the weeks on market and the visible history that brings: the starting price is set on closed sales of the past months, not on what is listed. For a buyer, a condo in that bracket listed for several weeks has a good chance of having already cut or of doing so; in the least adjusted bracket, the first price is often the right one and waiting for a cut costs you condos. The final negotiation, sold against last asking price by bracket, is detailed in condo negotiation by price range in Montreal; days on market by bracket, in condo days on market by price in Montreal. The same measure for houses in Montreal is in house price cuts by price range in Montreal: 1.0 point all sales, against 1.2 point for condos.
How to read these figures
One gap per price bracket for all of Montreal, over twelve months. It is read with the number of sales beside it: 3,609 sales in the best-selling bracket ($300,000 to $500,000) give a solid gap; a bracket with 435 sales gives an indication. Labelled assumption: the original price is the listing's first asking price, the asking price the last one before the sale; the gap between the two ratios measures the cut to the listed price before the sale, not the final negotiation. Both ratios are weighted averages of median ratios by range: they describe the bracket's typical condo, not every sale. Condos that found no taker are not included: see condos that do not sell in Montreal.
Frequently asked questions
How much do condo sellers cut their price in Montreal?
By 1.2 point on average all sales in Montreal over the past 12 months (October 2025 to September 2026), or about $5,799 on a condo in the middle of the ranges sold: sold at 96.7% of the original price against 97.8% of the last asking price. By bracket, from 0.6 point ($800,000 to $1M) to 2.5 points (under $300,000).
In which price bracket do sellers adjust the most in Montreal?
under $300,000: 2.5 points between the original price and the last asking price, about $6,423, on 555 sales. Across the 41 cities tracked, the most adjusted bracket is most often under $300,000.
Why two ratios, original price and asking price?
Because they do not measure the same thing. The ratio on the asking price (97.8% in Montreal) compares the sale with the last listed price: that is the final negotiation. The ratio on the original price (96.7%) goes back to the first listed price: it adds the cuts made during the listing. Labelled assumption: the original price is the listing's first asking price, the asking price the last one before the sale; the gap between the two ratios measures the cut to the listed price before the sale, not the final negotiation.
How to avoid cutting the price after listing?
Set the first price on closed sales of the past months for comparable condos (same building or same area, same floor and parking), not on active listings nor on the municipal assessment; and, if showings do not come within the bracket's median days on market, correct early rather than through small successive cuts, each visible in the history. The under $300,000 bracket in Montreal is where the first price was most often too high.
Sources: Centris (Matrix), Statistics module, queries of the night of October 13 to 14, 2026 for the municipality of Montreal, Condominium category, past-12-months period, grouping by sale price, sale-price-to-original-price and sale-price-to-asking-price ratios and number of sales by range; compiled by the Loaa & Manseur team, aggregates only. The condo price cuts 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.