Condo sales volume · Montreal · 2016-2026
The dollars of condos sold in Montreal every year since 2016, the number of sales and the average price behind them, the 2026 pace and the condo's share of the market. Centris sales, nothing estimated.
In Montreal, condo sales totalled $4.81B in 2025, against $2.25B in 2016 (+114%) and $5.29B in 2021; from January to September 2026, $3.41B, an annual pace of $4.55B (-5% versus 2025). The increase comes from price more than from numbers: 17,951 condos sold in 2025 against 11,104 in 2016 (+62%), at an average price of $268,202 against $202,406 (+33%). The condo weighs 64% of the dollars exchanged in houses and condos in Montreal in 2025, against 58% in 2016. It is one of the weakest increases among the 41 cities tracked (median +214%). Source: Centris (Matrix), compiled October 10, 2026.
The short answer
In Montreal, condo sales totalled $4.81B in 2025, against $2.25B in 2016 (+114%) and $5.29B in 2021; from January to September 2026, $3.41B, an annual pace of $4.55B (-5% versus 2025). The increase comes from price more than from numbers: 17,951 condos sold in 2025 against 11,104 in 2016 (+62%), at an average price of $268,202 against $202,406 (+33%). The condo weighs 64% of the dollars exchanged in houses and condos in Montreal in 2025, against 58% in 2016. It is one of the weakest increases among the 41 cities tracked (median +214%).
Condo sales volume by year
| Year | Condo sales volume | Sales | Average price | Median price | House volume |
|---|---|---|---|---|---|
| 2016 | $2.25B | 11,104 | $202,406 | $285,000 | $1.62B |
| 2017 | $2.79B | 13,347 | $208,751 | $295,000 | $1.85B |
| 2018 | $3.18B | 14,205 | $224,024 | $310,000 | $1.96B |
| 2019 | $3.65B | 14,652 | $249,020 | $340,000 | $2.08B |
| 2020 | $4.07B | 14,317 | $284,294 | $387,000 | $2.47B |
| 2021 | $5.29B | 18,815 | $281,319 | $416,375 | $2.77B |
| 2022 | $4.38B | 16,959 | $258,504 | $444,000 | $2.11B |
| 2023 | $3.52B | 15,655 | $225,096 | $440,000 | $1.93B |
| 2024 | $4.50B | 16,617 | $270,539 | $460,000 | $2.41B |
| 2025 | $4.81B | 17,951 | $268,202 | $475,000 | $2.71B |
| 2026 (Jan. to Sept.) | $3.41B | 14,482 | $235,691 | $476,100 | $2.08B |
Sales volume in dollars and number of sales by year, Condominium category, Centris (Matrix), October 9-10, 2026 harvest; median price: September 16 query; house volume: October 2 query. 2026: January to September.
What ten years of volume say in Montreal
- Ten years (2016 to 2025, two full years): volume +114%, sales +62%, average price +33% in Montreal. Price explains 35% of the volume increase, the number of sales the rest.
- Peak and trough: 2021 ($5.29B) and 2016 ($2.25B); volume fell in 2022, 2023. 2026 is running at $4.55B a year over nine months.
- $41.86B of condos changed hands in Montreal since 2016, in 168,104 transactions. The median price ($475,000 in 2025) stays below the average price ($268,202): expensive units weigh more in volume than in numbers.
- Across the 41 cities tracked, condo sales volume went from $3.76B in 2016 to $9.68B in 2021 and $9.61B in 2025 (+155%), with +70% of sales and +50% of average price; volume doubled in 37 cities, sales fell in 2, the peak is 2025 in 21 cities and 2021 in 11; 2026 is running above 2025 in 21 cities.
What it changes for selling or buying a condo in Montreal
In Montreal, condo sales volume barely moved in dollars (+114% in nine years): sales (+62%) and the average price (+33%) rose little. It is a market running slow compared with the cities tracked, either because the condo stock is small and not growing, or because buyers switched to the house. For a seller, time matters more than price: fewer dollars in circulation means fewer buyers per listing; for a buyer, it is the market where you negotiate. The number of sales year by year is in home sales in Montreal; house sales volume, in house sales volume in Montreal.
How to read these figures
One volume, one number of sales and one average price per year for all of Montreal. Volume is a flow, not a value of the stock: it measures the money that changed hands in the year, not what all the city's condos are worth. A record volume year can be a year of ordinary sales at high prices; the table gives both to tell. The Condominium category includes apartments and divided co-ownership houses.
Frequently asked questions
How many dollars of condos sell in Montreal a year?
$4.81B in 2025 (17,951 sales) and $3.41B from January to September 2026 in Montreal. In 2016, it was $2.25B (11,104 sales).
Did the volume rise because of price or the number of sales?
+114% between 2016 and 2025: the average price did +33% and the number of sales +62%. Price explains 35% of the volume increase.
What share of the market goes to the condo in Montreal?
64% of the dollars exchanged in houses and condos in Montreal in 2025 went to the condo, against 58% in 2016. Across the 41 cities tracked, it is 20% in median.
Sources: Centris (Matrix), Statistics module, October 9 and 10, 2026 query for the municipality of Montreal, Condominium category, sales volume in dollars and number of sales by year; median sale price, September 16, 2026 query; single-family house sales volume, October 2, 2026 query; compiled by the Loaa & Manseur team, aggregates only, current year partial. The condo sales volume 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.