Market · Quebec · Q1 to Q3 2026 vs 2025
Are prices falling? Is the market going down? Numbers for all of Quebec, quarter by quarter, 2026 vs 2025: median price, number of sales, days on market and sold-to-asking.
No, the market is not falling: it is slowing down. In Q3 2026 (July to September), the median single-family house in Quebec sold for $500,000, +2.0% from Q3 2025, the median condo $400,000 (0%) and the median plex $732,500 (+4.6%). No median price is below its 2025 level in any quarter. What is going down is the number of sales (-3.0% for houses, -4.4% for condos, -16.4% for plexes in Q3) and the speed: a house takes 21 days to sell versus 17 a year earlier, a condo 39 days versus 32. Source: Centris (Matrix), compiled on October 26, 2026.
The short answer
No, the market is not falling: it is slowing down. In Q3 2026 (July to September), the median single-family house in Quebec sold for $500,000, +2.0% from Q3 2025, the median condo $400,000 (0%) and the median plex $732,500 (+4.6%). No median price is below its 2025 level in any quarter. What is going down is the number of sales (-3.0% for houses, -4.4% for condos, -16.4% for plexes in Q3) and the speed: a house takes 21 days to sell versus 17 a year earlier, a condo 39 days versus 32.
Median price by quarter: 2026 vs 2025
| Quarter | Houses 2025 | Houses 2026 | Change | Condos 2025 | Condos 2026 | Change | Plexes 2025 | Plexes 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Q1 (January to March) | $485,000 | $514,000 | +6.0% | $390,000 | $400,000 | +2.6% | $660,000 | $710,000 | +7.6% |
| Q2 (April to June) | $500,000 | $523,000 | +4.6% | $399,500 | $405,000 | +1.4% | $705,000 | $730,000 | +3.5% |
| Q3 (July to September) | $490,000 | $500,000 | +2.0% | $399,900 | $400,000 | 0% | $700,000 | $732,500 | +4.6% |
Prices are still rising, but more slowly as the year goes on. For houses, the year-over-year increase goes from +6.0% in Q1 to +4.6% in Q2, then +2.0% in Q3. Condos are flat in Q3 ($399,900 in 2025, $400,000 in 2026). Plexes are the only type holding a clear increase every quarter.
- Q1 (January to March): house +6.0%, condo +2.6%, plex +7.6% on the median price; house sales -2.0%.
- Q2 (April to June): house +4.6%, condo +1.4%, plex +3.5% on the median price; house sales -5.1%.
- Q3 (July to September): house +2.0%, condo 0%, plex +4.6% on the median price; house sales -3.0%.
Number of sales by quarter: 2026 vs 2025
| Quarter | Houses 2025 | Houses 2026 | Change | Condos 2025 | Condos 2026 | Change | Plexes 2025 | Plexes 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Q1 (January to March) | 15,618 | 15,301 | -2.0% | 9,215 | 9,415 | +2.2% | 2,285 | 2,295 | +0.4% |
| Q2 (April to June) | 19,365 | 18,376 | -5.1% | 11,817 | 11,593 | -1.9% | 2,885 | 2,820 | -2.3% |
| Q3 (July to September) | 15,110 | 14,658 | -3.0% | 9,081 | 8,678 | -4.4% | 2,549 | 2,131 | -16.4% |
From January to September, 85,267 houses, condos and plexes sold in Quebec in 2026, versus 87,925 in 2025 (-3.0%). By type: 48,335 houses (-3.5%), 29,686 condos (-1.4%) and 7,246 plexes (-6.1%). The sharpest drop is plexes in Q3: 2,131 sales versus 2,549, or -16.4%, while their median price rose +4.6%. Fewer transactions, but no discounts.
Days on market and sold-to-asking price
| Quarter | Houses 2025 | Houses 2026 | Change | Condos 2025 | Condos 2026 | Change |
|---|---|---|---|---|---|---|
| Q1 (January to March) | 24 days | 13 days | -11 days | 28 days | 29 days | +1 days |
| Q2 (April to June) | 14 days | 13 days | -1 days | 22 days | 27 days | +5 days |
| Q3 (July to September) | 17 days | 21 days | +4 days | 32 days | 39 days | +7 days |
This is the number that moved the most. In Q3 2026, the median house took 21 days to sell (17 days in 2025) and the median condo 39 days (32 days in 2025). Condos have been slowing since Q2 (22 days in 2025, 27 in 2026). Only Q1 goes the other way for houses: 13 days in 2026 versus 24 in 2025.
| Quarter | Houses 2025 | Houses 2026 | Change | Condos 2025 | Condos 2026 | Change |
|---|---|---|---|---|---|---|
| Q1 (January to March) | 99% | 99% | stable | 99% | 99% | stable |
| Q2 (April to June) | 99% | 99% | stable | 99% | 98% | -1 point |
| Q3 (July to September) | 98% | 98% | stable | 98% | 98% | stable |
The price sellers get has barely moved: they still receive 98% of the asking price at the median, for houses and condos alike. Buyers have more time and more choice, but they are not landing big discounts yet.
So, is the market going down?
The numbers say three things. One: no median price fell year over year, in any quarter, for any property type. Two: fewer properties have sold than in 2025 since Q2, and the gap widens in Q3. Three: properties stay on the market longer in Q3. That is the picture of a market rebalancing, not a market crashing.
The Quebec Professional Association of Real Estate Brokers (QPAREB/APCIQ) reaches the same conclusion with its own numbers: 20,935 residential sales in Q3 2026, down 7% year over year, in what it calls a transition period where most markets still favour sellers (APCIQ release of October 14, 2026, in French).
What it means for you
If you are buying
This is when buyers get room to breathe: more listings stay up longer, there are fewer bidding wars and more time to visit, inspect and negotiate conditions, while prices are still close to 2025. Our buyer's or seller's market page, city by city shows where the balance of power has already shifted.
If you are selling
Prices are holding, but selling takes longer. A property listed at the right price from day one still sells close to asking; an overpriced one sits, and that is when price cuts come. See days on market in 52 cities from 2016 to 2026 to compare your area.
How to read these numbers
Centris (Matrix) statistics for the entire province of Quebec (all 16 regions), closed sales. House: Single-family category, all styles. Condo: Divided co-ownership category. Plex: Income property category. A quarter covers sales closed during its three months: Q1 January to March, Q2 April to June, Q3 July to September. The median price is the middle price: half of sales closed above it, half below; it also moves with the mix of properties sold. Days on market is the median number of days between listing and sale. Days on market and sold-to-asking are shown for houses and condos only. APCIQ figures use a different scope (all residential) and do not compare one-to-one with ours.
Frequently asked questions
Are house prices going down in Quebec in 2026?
No. The median single-family house price is $514,000 in Q1, $523,000 in Q2 and $500,000 in Q3 2026, each time above the same quarter of 2025. The increase is slowing: +2.0% in Q3.
Are fewer houses selling in 2026?
Yes, slightly. From January to September 2026, 48,335 houses sold versus 50,093 in 2025 (-3.5%). The drop is largest in Q2 (-5.1%).
How long does it take to sell a house in Quebec in 2026?
21 days at the median in Q3 2026, versus 17 days in Q3 2025. For a condo: 39 days versus 32. It varies a lot by city and price range.
Have condo prices stopped rising?
In Q3 2026, yes: $400,000 at the median, the same as Q3 2025 ($399,900). Condo sales fell 4.4% and days on market went from 32 to 39.
What will the market do in 2027?
Nobody knows the future; the numbers above describe what actually sold. For the trends to watch (rates, inventory, renewals), see our Quebec real estate market forecast for 2027.
Source: Centris (Matrix), Statistics module, province of Quebec (16 regions), queries of October 26, 2026, closed sales, median sale price, number of sales, median days on market and sale-to-asking price; compiled by the Loaa & Manseur team, aggregates only. APCIQ: release of October 14, 2026. Past results do not guarantee the future.
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.