Where the money goes · Montreal · 2016-2026
The sales dollars in Montreal every year since 2016, split between houses, condos and plexes: which category weighs the most, which grew the most, and what it changes for selling or buying. Centris sales, nothing estimated.
In Montreal, $10.85B of properties (houses, condos and plexes) changed hands in 2025, against $5.79B in 2016 (+88%). Each category's share in 2025: houses 25% ($2.71B, 3,056 sales); condos 44% ($4.81B, 17,951 sales); plexes 31% ($3.33B, 3,251 sales). In 2016, the plex weighed 33% of the dollars; in 2025, 31%: it lost 2 points. The category that grew the most in dollars since 2016 is the condo (+114%). It is one of the cities where the plex weighs the most among the 23 tracked (median 18%). Source: Centris (Matrix), compiled October 11, 2026.
The short answer
In Montreal, $10.85B of properties (houses, condos and plexes) changed hands in 2025, against $5.79B in 2016 (+88%). Each category's share in 2025: houses 25% ($2.71B, 3,056 sales); condos 44% ($4.81B, 17,951 sales); plexes 31% ($3.33B, 3,251 sales). In 2016, the plex weighed 33% of the dollars; in 2025, 31%: it lost 2 points. The category that grew the most in dollars since 2016 is the condo (+114%). It is one of the cities where the plex weighs the most among the 23 tracked (median 18%).
Dollars by category, year by year
| Year | Total | Houses (share) | Condos (share) | Plexes (share) |
|---|---|---|---|---|
| 2016 | $5.79B | $1.62B (28%) | $2.25B (39%) | $1.92B (33%) |
| 2017 | $6.70B | $1.85B (28%) | $2.79B (42%) | $2.06B (31%) |
| 2018 | $7.36B | $1.96B (27%) | $3.18B (43%) | $2.21B (30%) |
| 2019 | $8.26B | $2.08B (25%) | $3.65B (44%) | $2.53B (31%) |
| 2020 | $9.39B | $2.47B (26%) | $4.07B (43%) | $2.85B (30%) |
| 2021 | $11.59B | $2.77B (24%) | $5.29B (46%) | $3.53B (30%) |
| 2022 | $9.14B | $2.11B (23%) | $4.38B (48%) | $2.64B (29%) |
| 2023 | $7.58B | $1.93B (25%) | $3.52B (46%) | $2.13B (28%) |
| 2024 | $9.61B | $2.41B (25%) | $4.50B (47%) | $2.70B (28%) |
| 2025 | $10.85B | $2.71B (25%) | $4.81B (44%) | $3.33B (31%) |
| 2026 (Jan. to Sept.) | $7.83B | $2.08B (27%) | $3.41B (44%) | $2.34B (30%) |
Sales volume in dollars by category and share of the total, Centris (Matrix), Single-family, Condominium and Income property categories. 2026: January to September.
Sales, average price and volume by category
| Category | Sales 2025 | Average price 2025 | Volume 2016 | Volume 2025 | 2016-2025 |
|---|---|---|---|---|---|
| Houses | 3,056 | $886,017 | $1.62B | $2.71B | +67% |
| Condos | 17,951 | $268,202 | $2.25B | $4.81B | +114% |
| Plexes | 3,251 | $1,024,910 | $1.92B | $3.33B | +73% |
What ten years of dollars say in Montreal
- The plex weighed the most in 2016 (33% of the dollars) and the least in 2023 (28%); in 2026 (Jan. to Sept.), 30%. When its share rises, investors are buying; when it falls, families are buying houses.
- The average ticket: a plex sold for $1,024,910 on average in 2025 against $886,017 for a house, 1.16 times the house; the condo, $268,202. That is why 3,251 plex sales weigh 31% of the dollars.
- Ten years in dollars: houses +67%, condos +114%, plexes +73%; total +88%. The total's peak is 2021 ($11.59B); 2026 is running at $10.44B a year over nine months (-4% versus 2025).
- Plex versus condo: 31% against 44% of the dollars in 2025 (33% against 39% in 2016). The condo wins: towers and co-ownership buildings weigh more than duplexes and triplexes.
- Across the 23 cities tracked, the money splits in 2025: houses 49%, condos 28%, plexes 22% (in 2016: 52 / 25 / 23%). The plex share rose in 14 cities; the category that grew the most is the condo in 12 cities, the plex in 7 and the house in 4; the plex weighs more than the condo in 10 of the 18 cities where both are tracked; the total's peak is 2025 in 20 cities and 2021 in 3.
What it changes for selling or buying in Montreal
In Montreal, the plex is a market in its own right: 31% of the dollars, 3,251 sales in 2025. For a plex seller, that means many seasoned buyers, investors and owner-occupants, and recent comparables to set the price; for a house seller, it means part of the city's buyers compare your house with a duplex partly paid by a rent. For a buyer, the weight of the plex says there is a real supply of two-, three- and four-unit buildings here, and therefore a choice between buying a house and buying an income. The detail by category is in house sales volume in Montreal, condo sales volume in Montreal and plex sales volume in Montreal.
How to read these figures
Shares are rounded and may not add up to 100. The condo is tracked only in cities with at least 50 condominium sales a year; elsewhere, the total counts houses and plexes only, and both shares are higher. The Income property category includes duplexes, triplexes, quadruplexes and buildings of five units and more sold on Centris.
Frequently asked questions
How many dollars of properties sell in Montreal a year?
$10.85B in 2025 in Montreal: houses $2.71B, condos $4.81B, plexes $3.33B. From January to September 2026, $7.83B.
What share goes to plexes in Montreal?
31% of the dollars in 2025, against 33% in 2016 and 30% in 2021. Across the 23 cities tracked, the median is 18%.
Which category grew the most in Montreal?
The condo: +114% between 2016 and 2025, against +67% for the house. Across the 23 cities tracked, the condo is the category that grew the most in 12 cities, the plex in 7, the house in 4.
Sources: Centris (Matrix), Statistics module, October 2, 2026 (Single-family), October 9 and 10, 2026 (Condominium) and October 10, 2026 (Income property) queries for the municipality of Montreal, sales volume in dollars and number of sales by year; compiled by the Loaa & Manseur team, aggregates only, current year partial. The where the money goes in 23 cities hub compares the 23 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.