Condo prices · Ville-Marie · Centris 2016-2026
The median sale price of a condo in Ville-Marie year by year since 2016, set against the single-family home, then days to sell and the sold-to-asking ratio over the last 12 months. Centris figures, not estimates.
The median sale price of a condo in Ville-Marie went from $339,500 in 2016 to $460,000 in 2026 (January to August). That is +35% in ten years, below the median of the 42 sectors tracked (+86%). Over the same period, single-family homes gained only +26%: the condo rose faster than the house, and is now worth 43% of one ($1,063,000 for a house). In Sep. 2026, a condo found a buyer in 50 days (median), at 97% of asking price. Over ten years, the annual median price fell in 2023, 2026. Source: Centris (Matrix), compiled September 16, 2026.
The short answer
The median sale price of a condo in Ville-Marie went from $339,500 in 2016 to $460,000 in 2026 (January to August). That is +35% in ten years, below the median of the 42 sectors tracked (+86%). Over the same period, single-family homes gained only +26%: the condo rose faster than the house, and is now worth 43% of one ($1,063,000 for a house). In Sep. 2026, a condo found a buyer in 50 days (median), at 97% of asking price.
Median condo sale price by year, 2016 to 2026
| Year | Condo, median price | Condo sales | Single-family, median price | Condo as % of a house |
|---|---|---|---|---|
| 2016 | $339,500 | 2,529 | $844,250 | 40% |
| 2017 | $353,000 | 3,253 | $805,000 | 44% |
| 2018 | $380,000 | 3,314 | $913,750 | 42% |
| 2019 | $413,500 | 3,562 | $1,079,000 | 38% |
| 2020 | $445,000 | 2,875 | $1,149,500 | 39% |
| 2021 | $446,000 | 4,778 | $1,325,000 | 34% |
| 2022 | $474,500 | 4,213 | $1,215,000 | 39% |
| 2023 | $468,138 | 4,159 | $1,200,000 | 39% |
| 2024 | $470,000 | 4,393 | $1,167,500 | 40% |
| 2025 | $470,000 | 4,645 | $1,240,000 | 38% |
| 2026 (Jan. to Aug.) | $460,000 | 3,334 | $1,063,000 | 43% |
Computed by Matrix from about 41 000 listings of condominiums and about 850 listings of single-family homes. When a year has few sales, its median swings a lot: read the trend, not a single year.
What ten years of condo sales say in Ville-Marie
- The annual peak is $474,500, reached in 2022; in 2026 the median condo sells for $460,000.
- 2019 to 2022: only +15% ($413,500 to $474,500); the pandemic shook condos in Ville-Marie less than houses.
- Years when the median price fell from the previous year: 2023, 2026. Condos fall more often than houses, whose annual median almost never dips.
- 2026 (January to August) versus 2025: -2.1% ($470,000 to $460,000). An annual dip in the median often means smaller units are the ones selling, not necessarily that every condo lost value.
- Condo sales recorded on Centris from 2016 to August 2026: 41,055, including 3,334 in 2026.
Condo versus house in Ville-Marie
In 2016, a condo in Ville-Marie was worth 40% of a house; in 2026, 43%. Condos caught up (+35% against +26% for single-family homes): that is the case in only 6 of the 42 sectors. A ratio under 51% signals a sector of houses where the condo remains the entry level.
The last 12 months: condo days to sell and ratio
| Month | Condo, median days to sell | Condo, sold / asking | Single-family, median days |
|---|---|---|---|
| Oct. 2025 | 50 | 97% | 132 |
| Nov. 2025 | 59 | 97% | 70 |
| Dec. 2025 | 57 | 97% | 42 |
| Jan. 2026 | 64 | 97% | 41 |
| Feb. 2026 | 54 | 97% | 93 |
| Mar. 2026 | 40 | 98% | 8 |
| Apr. 2026 | 43 | 97% | 19 |
| May 2026 | 35 | 97% | 44 |
| Jun. 2026 | 43 | 97% | 54 |
| Jul. 2026 | 43 | 97% | 62 |
| Aug. 2026 | 44 | 97% | 59 |
| Sep. 2026 | 50 | 97% | 127 |
- Median days to sell a condo: 50, the slowest third of the sectors tracked; the briskest month was May 2026 (35 days), the slowest Jan. 2026 (64 days).
- Here it is the condo that sells fastest: 50 days against 59 for single-family homes.
- Sold-to-asking ratio: 97% median, never 100% over the 12 months. Condos are negotiated in Ville-Marie, a few points under the list price.
Series computed from about 4 300 listings of condominiums. September 2026 is the month in progress at compilation time.
How to read these numbers
Every figure is a median of sales closed on Centris, in the "Condominium" category as Centris defines it (towers, small buildings and divided co-ownership townhouses together). 2026 covers January to August. Days to sell count the days between listing and an accepted offer; the ratio compares the sale price with the last listed price. Ville-Marie is read as a whole municipality: a building or a sector can behave differently, and a broker evaluation measures it unit by unit.
Frequently asked questions
What does a condo cost in Ville-Marie in 2026?
$460,000: the median sale price of condos sold in Ville-Marie from January to August 2026 on Centris (3,334 sales). A single-family home sells for $1,063,000 over the same period.
Do condos gain as much value as houses in Ville-Marie?
Yes, and then some: +35% for condos against +26% for houses over ten years. Condos are also the category that dips most often from one year to the next.
How long does it take to sell a condo in Ville-Marie?
50 days median over the last 12 months, from 35 to 64 depending on the month; single-family homes go in 59 days.
Source: Centris (Matrix), Statistics module, queries run on September 16, 2026 for the borough 'Montréal (Ville-Marie)'; medians, counts and ratios compiled by the Loaa & Manseur team. No individual listing data is reproduced; current-month figures are provisional. The condo prices by sector hub compares the neighbouring sectors, the home prices page for Ville-Marie does the same exercise for single-family homes and plexes, and the whole city is on the condo prices page for Montreal.
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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.