Island of Montreal real estate market in August 2026: $820,000, 57 days and condos that wait

Monthly report · Island of Montreal · August 2026

The island of Montreal in numbers for August 2026 from official APCIQ data: prices, days on market, supply, eighteen sectors, and what it changes if you are selling or buying.

In August 2026 the island of Montreal posted a single-family median of $820,000 (+2 % year over year) and the region's longest days on market, 57, against 45 in July. Condos sold for $475,000, with record listing levels downtown and in the Sud-Ouest and stagnant prices. The island is the region's most divided market: Montréal-Nord ($525,000) sells in 24 days, Centre ($1,980,000) in 64, and over five years the spread runs from +1 % in Centre and -10 % in Ville-Marie to +46 % in Rosemont. The high end above $1.22 million is already a balanced market (9 months of inventory).

The August 2026 numbers on the island of Montreal

Island of Montreal, August 2026 (APCIQ)ValueYear over yearJuly 2026
Single-family, median price$820,000+2 %$817,500
Days on market, single-family57 dayslongest in the region45 days
Condo, median price$475,000n/a$480,000

The month's reading: two cities on one island

Single-family days on market on the island jumped 12 days in one month, from 45 to 57. But that average hides two markets that look nothing alike. In the east and north (Montréal-Nord 24 days, Rosemont 41, the eastern tip 31, Mercier and Hochelaga 32), houses under $700,000 still go fast and prices rose 35 to 46 % in five years. In the centre and west (Centre 64 days, Ahuntsic 57, NDG 49), the high end waits, and Centre gained only 1 % in five years; Ville-Marie even lost 10 %.

Condos are the month's other story. The APCIQ notes record listing levels downtown and in the Sud-Ouest with stagnant prices (Ville-Marie $465,000, -1 %, 89 days). The downtown condo is the only segment in the region where a buyer can wait without it costing anything; our full analysis is in the Montreal condo market.

Sector by sector (APCIQ barometer, second quarter 2026)

Island sector (APCIQ barometer, Q2 2026)Single-family, median1 year5 yearsDays on marketCondo, medianCondo days
Ouest-de-l'Île-Sud$820,000-2 %13 %38$517,50044
Ouest-de-l'Île-Nord$760,0001%22 %42$418,50057
Lachine/Lasalle$730,0001%26 %42$420,00053
Le Sud-Ouest$1,050,00011 %32 %31$508,50048
Saint-Laurent$988,75022 %12 %43$482,29058
Ahuntsic-Cartierville$926,0007%32 %57$412,50048
NDG/Montréal Ouest$1,247,000-5 %18 %49$611,25045
CDN/CSL$1,164,50010 %20 %29$540,00054
Centre$1,980,000-3 %1%64$770,00071
L'Île-des-Sœursn/an/a10 %n/a$613,17675
Ville-Marien/an/a-10 %n/a$465,00089
Le Plateau-Mont-Royaln/an/a17 %n/a$600,00039
Rosemont$1,138,00010 %46 %41$560,00029
Villerayn/an/a24 %n/a$479,00028
Mercier/Hochelaga-Maisonneuve$627,750-1 %22 %32$428,25037
Anjou/Saint-Léonard$712,500-2 %23 %33$391,00054
Montréal-Nord$525,000-6 %35 %24n/an/a
Pointe Est de l'Île$577,5004%37 %31$345,00036

Three readings. The Sud-Ouest (+11 %, $1,050,000) and Saint-Laurent (+22 %, $988,750) have the year's strongest growth; NDG (-5 %) and Montréal-Nord (-6 %) are correcting. Rosemont is the five-year champion (+46 %) and sells its condos in 29 days, the island's fastest with Villeray (28 days). See Montreal real estate by borough and the Outremont market.

Seller's or buyer's market? It depends on the price

Price range (single-family, 12 months to Q2 2026)Months of inventoryMarket
< 410K3.0 monthsSeller
410K - 610K2.7 monthsSeller
610K - 1 010K4.3 monthsSeller
1 010K - 1 220K4.9 monthsSeller
>= 1 220K9.0 monthsBalanced

The island is the only broad sector where a price range was already a balanced market in Q2: 9 months of inventory above $1.22 million. Below $610,000, under 3 months: the seller keeps the edge.

The Montreal CMA context in August 2026

According to the APCIQ monthly statistics released September 4, 2026, the Montreal metropolitan area recorded 2,853 residential sales in August, down 13 % year over year and a sixth consecutive monthly decline. Active listings climbed to 20,128 (+18 %), with 5,874 new listings (+7 %). Median prices are holding: $650,000 for a single-family home (+2.8 %, 42 days), $437,250 for a condo (+3.6 %, 62 days) and $856,000 for a plex (+1.7 %, 52 days). The APCIQ summed up the month by saying the rebalancing is now reaching the suburban rings. The full picture is in Montreal real estate market statistics and the forecasts in our 2027 forecast.

What it changes for you

Frequently asked questions

What does a house cost on the island of Montreal in 2026?

$820,000 for the median single-family home in August 2026 (+2 % year over year), from $525,000 in Montréal-Nord to $1,980,000 in Centre in Q2. Condos are at $475,000.

Is the Montreal condo market falling?

Prices are stagnating rather than falling (Ville-Marie $465,000, -1 %), but supply is at record levels downtown and in the Sud-Ouest and days on market exceed 70 there. It is a buyer's market for the downtown condo, not for the neighbourhood condo (Rosemont, Villeray: 28 to 29 days).

Which Montreal neighbourhood sells fastest?

Montréal-Nord (24 days for single-family homes), then Côte-des-Neiges and Côte-Saint-Luc (29 days), the eastern tip and the Sud-Ouest (31 days) in Q2 2026. The slowest: Centre, 64 days.

Also available in French: version française de ce guide.

Published September 5, 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.

What these figures change for you

Statistics describe a market, they do not set a price. See the pricing strategy guide for a buyer's market, when and how much to cut your price and why prices rise while sales fall.

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