Plex: sold vs asking · Sherbrooke · Centris 2016-2026
Do plexes in Sherbrooke sell at asking, over or under, and since when? The sale ÷ asking price ratio per year since 2016, the ratio on the original price to see price cuts, houses alongside, and the gap translated into dollars on the median plex. Centris figures, not estimates.
In Sherbrooke, a plex sold on average at 98% of its asking price in 2026 (January to September), that is under the asking price: more room to negotiate on a plex than in most of the 23 cities tracked (median 98%). In 2016 it was 95%; at the peak, 2025, 99%, even the frenzy did not push plexes over their listed price. A house in Sherbrooke sells at 100% of its asking price in 2026: plexes leave 2 more points to negotiation. On the 2026 median plex ($600,000), the average gap between asking and sale price comes to $12,000 less. Source: Centris (Matrix), compiled October 7, 2026.
The short answer
In Sherbrooke, a plex sold on average at 98% of its asking price in 2026 (January to September), that is under the asking price: more room to negotiate on a plex than in most of the 23 cities tracked (median 98%). In 2016 it was 95%; at the peak, 2025, 99%, even the frenzy did not push plexes over their listed price. A house in Sherbrooke sells at 100% of its asking price in 2026: plexes leave 2 more points to negotiation. On the 2026 median plex ($600,000), the average gap between asking and sale price comes to $12,000 less.
Sale price as % of asking price, plexes per year
| Year | Plex: sold ÷ asking | Sold ÷ original price | Gap (price cuts) | Plex sales | Median plex price | House: sold ÷ asking | condo: sold ÷ asking |
|---|---|---|---|---|---|---|---|
| 2016 | 95% | 94% | 1 pt | 170 | $242,878 | 96% | 98% |
| 2017 | 95% | 94% | 1 pt | 175 | $233,000 | 96% | 96% |
| 2018 | 95% | 94% | 1 pt | 197 | $249,500 | 96% | 96% |
| 2019 | 95% | 94% | 1 pt | 226 | $264,200 | 97% | 97% |
| 2020 | 97% | 96% | 1 pt | 286 | $297,000 | 97% | 97% |
| 2021 | 98% | 97% | 1 pt | 405 | $340,000 | 100% | 99% |
| 2022 | 98% | 98% | 0 pt | 303 | $425,000 | 101% | 100% |
| 2023 | 97% | 96% | 1 pt | 204 | $454,500 | 100% | 99% |
| 2024 | 98% | 97% | 1 pt | 268 | $517,500 | 100% | 99% |
| 2025 | 99% | 99% | 0 pt | 264 | $530,000 | 100% | 99% |
| 2026 (Jan. to Sep.) | 98% | 98% | 0 pt | 189 | $600,000 | 100% | 98% |
Income property category, whole municipality of Sherbrooke, Centris (Matrix), ratios in whole percentages. Gap: ratio vs asking minus ratio vs original, in points. House: same ratio, Single-family category.
What ten years of ratios say about plexes in Sherbrooke
- Four markets in ten years for plexes in Sherbrooke: 95% of asking on average in 2016-2019, 97.7% during the 2020-2022 frenzy, 97.5% when high rates returned, 98.5% today.
- Peak: 2025 (99%); trough: 2016 (95%). The average plex sale price never exceeded the asking price in Sherbrooke, even in 2021-2022: the plex frenzy played out in speed and the end of negotiation, not in bidding wars.
- Plex versus house at the peak: in 2021, plexes sold at 98% and houses at 100% (-2 points); in 2026, 98% against 100% (-2). Bidding wars hit houses much harder than plexes: a building is bought on its rents, and the rents did not follow the frenzy. condos, for their part, sold at 99% in 2021 and 98% in 2026.
- The return of high rates: 98% in 2021, 97% in 2023 (-1 points), 98% in 2026. Negotiation is back on plexes, but at a tighter level than in 2016.
- Asking price versus original price: the gap between the two ratios (1 point in 2016, 0 in 2026) measures the price cuts made before the sale. Fewer price cuts along the way than in 2016.
- In dollars, on the median plex: $12,144 under asking in 2016 (plex at $242,878), $6,800 under in 2021 ($340,000), $12,000 under in 2026 ($600,000). Order of magnitude, ratio rounded to the point.
- 2026 (Jan. to Sep.) versus 2025: 99% then 98% (plexes are negotiated a little more than in 2025); 189 plex sales in nine months. Across the 23 cities, plexes sell at asking or over in 2 in 2026, against 2 in 2021.
What it changes when selling or buying a plex in Sherbrooke
At 98% of asking, Sherbrooke is a city where plexes are negotiated: 2% on average between the listed price and the paid price, and more on buildings that linger. For a seller, the starting price has to anticipate that negotiation without inviting it: a plex listed 8% too high draws offers 15% too low. For a buyer, an offer under asking is the norm here, especially on a building listed for more than a month or whose rents are below market. The same ratio for houses is in sold over asking in Sherbrooke and for condos in condo sold over asking in Sherbrooke; the plexes that expire without a sale are counted in plexes that do not sell in Sherbrooke.
How to read these figures
One ratio per year for all of Sherbrooke, Income property category: what buyers paid relative to what sellers asked, with houses and condos alongside for scale. Above 100%, bidding wars win over negotiation; below, the reverse. The year's median plex price translates the ratio into dollars, as an order of magnitude. Cities with fewer than fifty plex sales a year move a point or two on a handful of sales: read the four-period plateaus, not each year.
Frequently asked questions
Do plexes sell over asking in Sherbrooke?
On average, no: 98% of asking in 2026 (Jan. to Sep.), or 2% of negotiation. Plexes have never exceeded their asking price on average in Sherbrooke since 2016.
Are plexes negotiated more than houses in Sherbrooke?
Yes: houses sell at 100% of asking in 2026 and plexes at 98%. At the 2021 peak it was 100% against 98%: bidding wars hit houses, not income properties, because an investor does not offer more than the rents justify. Across the 23 cities tracked, plexes are negotiated more than houses in 15 in 2026.
What is the difference between asking price and original price?
The asking price is the one listed at the time of sale; the original price is the one from the listing's first day. When the two ratios differ (0 points in 2026 in Sherbrooke), sellers cut their price before selling. For a buyer, a plex whose price has already dropped is a seller who has started to move.
Source: Centris (Matrix), Statistics module, queries of October 7, 2026 for the municipality of Sherbrooke: Income property category, sale price vs asking price and vs original price ratios by year over ten years; plex sales and median price from the September 16, 2026 query, houses from September 30, condos from October 7; compiled by the Loaa & Manseur team, aggregates only, current year partial. The plexes sold over asking in 23 cities hub compares the 23 cities.
Our other data series in Sherbrooke, from the same Centris listings:
Each series is recalculated from actual sales, aggregates only.
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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.