Plex sales volume · Quebec City · 2016-2026
The dollars of plexes sold in Quebec City every year since 2016, the number of sales and the average price behind them, the 2026 pace and the plex's share of the market. Centris sales, nothing estimated.
In Quebec City, plex sales totalled $500M in 2025, against $202M in 2016 (+148%) and $335M in 2021; from January to September 2026, $369M, an annual pace of $492M (-2% versus 2025). The increase comes from price more than from numbers: 746 plexes sold in 2025 against 518 in 2016 (+44%), at an average price of $670,763 against $389,237 (+72%). The plex weighs 23% of the dollars exchanged in houses and plexes in Quebec City in 2025, against 21% in 2016. It is one of the weakest increases among the 23 cities tracked (median +193%). Source: Centris (Matrix), compiled October 10, 2026.
The short answer
In Quebec City, plex sales totalled $500M in 2025, against $202M in 2016 (+148%) and $335M in 2021; from January to September 2026, $369M, an annual pace of $492M (-2% versus 2025). The increase comes from price more than from numbers: 746 plexes sold in 2025 against 518 in 2016 (+44%), at an average price of $670,763 against $389,237 (+72%). The plex weighs 23% of the dollars exchanged in houses and plexes in Quebec City in 2025, against 21% in 2016. It is one of the weakest increases among the 23 cities tracked (median +193%).
Plex sales volume by year
| Year | Plex sales volume | Sales | Average price | Median price | House volume |
|---|---|---|---|---|---|
| 2016 | $202M | 518 | $389,237 | $331,000 | $765M |
| 2017 | $233M | 526 | $443,215 | $330,000 | $783M |
| 2018 | $211M | 536 | $394,536 | $329,680 | $844M |
| 2019 | $224M | 553 | $405,133 | $335,000 | $964M |
| 2020 | $284M | 698 | $406,169 | $345,000 | $1.22B |
| 2021 | $335M | 750 | $446,679 | $385,000 | $1.19B |
| 2022 | $324M | 653 | $496,919 | $421,000 | $1.15B |
| 2023 | $290M | 556 | $521,696 | $422,000 | $1.13B |
| 2024 | $416M | 723 | $575,270 | $475,000 | $1.41B |
| 2025 | $500M | 746 | $670,763 | $576,500 | $1.69B |
| 2026 (Jan. to Sept.) | $369M | 545 | $677,535 | $600,000 | $1.37B |
Sales volume in dollars and number of sales by year, Income property category, Centris (Matrix), October 10, 2026 harvest; median price: September 16 query; house volume: October 2 query. 2026: January to September.
What ten years of volume say in Quebec City
- Ten years (2016 to 2025, two full years): volume +148%, sales +44%, average price +72% in Quebec City. Price explains 62% of the volume increase, the number of sales the rest.
- Peak and trough: 2025 ($500M) and 2016 ($202M); volume fell in 2018, 2022, 2023. 2026 is running at $492M a year over nine months.
- $3.39B of plexes changed hands in Quebec City since 2016, in 6,804 transactions. The median price ($576,500 in 2025) stays below the average price ($670,763): large buildings weigh more in volume than in numbers.
- Across the 23 cities tracked, plex sales volume went from $2.91B in 2016 to $6.13B in 2021 and $6.29B in 2025 (+116%), with +23% of sales and +76% of average price; volume doubled in 20 cities, sales fell in 1, the peak is 2025 in 15 cities and 2021 in 7; 2026 is running above 2025 in 11 cities.
What it changes for selling or buying a plex in Quebec City
In Quebec City, plex sales volume barely moved in dollars (+148% in nine years): sales (+44%) and the average price (+72%) rose little. It is a market running slow compared with the cities tracked, either because the plex stock is small and renews little, or because investors switched to other cities. 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 Quebec City; house sales volume, in house sales volume in Quebec City.
How to read these figures
One volume, one number of sales and one average price per year for all of Quebec City. 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 plexes are worth. A record volume year can be a year of ordinary sales at high prices; the table gives both to tell. 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 plexes sell in Quebec City a year?
$500M in 2025 (746 sales) and $369M from January to September 2026 in Quebec City. In 2016, it was $202M (518 sales).
Did the volume rise because of price or the number of sales?
+148% between 2016 and 2025: the average price did +72% and the number of sales +44%. Price explains 62% of the volume increase.
What share of the market goes to the plex in Quebec City?
23% of the dollars exchanged in houses and plexes in Quebec City in 2025 went to the plex, against 21% in 2016. Across the 23 cities tracked, it is 20% in median.
Sources: Centris (Matrix), Statistics module, October 10, 2026 query for the municipality of Quebec City, Income property 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 plex sales volume 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.