Market · Montreal · Q1 to Q3 2026 vs 2025
Are prices falling in Montreal? Is the market going down? The numbers for Montreal, quarter by quarter, 2026 vs 2025: median price, number of sales, days on market and sold-to-asking.
In Montreal, in Q3 2026 (July to September), the median single-family house sold for $735,000, versus $717,500 in Q3 2025 (+2.4%); the median condo $475,000, versus $470,000 (+1.1%); the median plex $920,000, versus $893,000 (+3.0%). Out of 9 quarter-by-quarter comparisons (houses, condos and plexes), the median price is up in 7 and down in 1. From January to September, 19,184 houses, condos and plexes sold in 2026 versus 19,576 in 2025 (-2.0%). A house took 27 days to sell in Q3, versus 26 a year earlier. Source: Centris (Matrix), compiled on October 28, 2026.
The short answer
In Montreal, in Q3 2026 (July to September), the median single-family house sold for $735,000, versus $717,500 in Q3 2025 (+2.4%); the median condo $475,000, versus $470,000 (+1.1%); the median plex $920,000, versus $893,000 (+3.0%). Out of 9 quarter-by-quarter comparisons (houses, condos and plexes), the median price is up in 7 and down in 1. From January to September, 19,184 houses, condos and plexes sold in 2026 versus 19,576 in 2025 (-2.0%). A house took 27 days to sell in Q3, versus 26 a year earlier.
Median price by quarter in Montreal: 2026 vs 2025
| Quarter | Houses 2025 | Houses 2026 | Change | Condos 2025 | Condos 2026 | Change | Plexes 2025 | Plexes 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Q1 (January to March) | $690,000 | $765,000 | +10.9% | $475,000 | $474,700 | -0.1% | $880,000 | $937,500 | +6.5% |
| Q2 (April to June) | $735,000 | $760,000 | +3.4% | $480,000 | $480,000 | 0% | $899,000 | $930,000 | +3.4% |
| Q3 (July to September) | $717,500 | $735,000 | +2.4% | $470,000 | $475,000 | +1.1% | $893,000 | $920,000 | +3.0% |
- Q1 (January to March): median price single-family house +10.9%, condo -0.1%, plex +6.5%; house sales +3.8%.
- Q2 (April to June): median price single-family house +3.4%, condo 0%, plex +3.4%; house sales -11.7%.
- Q3 (July to September): median price single-family house +2.4%, condo +1.1%, plex +3.0%; house sales -13.1%.
Number of sales by quarter
| Quarter | Houses 2025 | Houses 2026 | Change | Condos 2025 | Condos 2026 | Change | Plexes 2025 | Plexes 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Q1 (January to March) | 743 | 771 | +3.8% | 4,107 | 4,264 | +3.8% | 667 | 676 | +1.3% |
| Q2 (April to June) | 1,117 | 986 | -11.7% | 5,986 | 5,912 | -1.2% | 946 | 899 | -5.0% |
| Q3 (July to September) | 827 | 719 | -13.1% | 4,432 | 4,304 | -2.9% | 751 | 653 | -13.0% |
From January to September, 19,184 houses, condos and plexes sold in Montreal in 2026, versus 19,576 in 2025 (-2.0%). By type: 2,476 houses (-7.9%), 14,480 condos (-0.3%), 2,228 plexes (-5.8%). The sharpest drop: houses in Q3, 719 sales versus 827 (-13.1%).
Days on market and sold-to-asking price
| Quarter | Houses 2025 | Houses 2026 | Change | Condos 2025 | Condos 2026 | Change |
|---|---|---|---|---|---|---|
| Q1 (January to March) | 26 days | 18 days | -8 days | 36 days | 38 days | +2 days |
| Q2 (April to June) | 19 days | 18 days | -1 day | 28 days | 30 days | +2 days |
| Q3 (July to September) | 26 days | 27 days | +1 day | 37 days | 43 days | +6 days |
In Q3 2026, the median house took 27 days to sell (26 days in 2025); the median condo 43 days (37 days in 2025).
| Quarter | Houses 2025 | Houses 2026 | Change | Condos 2025 | Condos 2026 | Change |
|---|---|---|---|---|---|---|
| Q1 (January to March) | 98% | 98% | stable | 98% | 98% | stable |
| Q2 (April to June) | 98% | 98% | stable | 98% | 98% | stable |
| Q3 (July to September) | 98% | 97% | -1 point | 98% | 98% | stable |
In Q3 2026, house sellers in Montreal got 97% of the asking price at the median. Sold-to-asking is the sale price divided by the last asking price, at the median.
Is the market going down in Montreal?
This is the picture of a market slowing down without price drops: fewer sales than in 2025, houses staying on the market longer, but a median price that holds.
Across Quebec, the median house rose +2.0% in Q3 ($500,000) and sales fell 3.0% from January to September. In Montreal, the median house is +2.4% for the same quarter and sales are -2.0%. That is roughly the provincial pace. See the numbers for all of Quebec by quarter.
What it means for you
If you are buying
For a buyer, a slower market means more choice and more time to visit, inspect and negotiate conditions. Our page on whether it is a buyer’s or seller’s market in Montreal shows who has the upper hand.
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 also days on market in Montreal since 2016.
How to read these numbers
Centris (Matrix) statistics for all of Montreal, 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, especially where there are few sales. Fewer than 10 sales in a quarter: median left blank (n/a). Days on market and sold-to-asking are shown for houses and condos.
The policy rate rose to 2.5% on October 28, 2026. The effect in Montreal:
Payment before and after, down payment, minimum income to qualify, with the math.
Frequently asked questions
Are prices going down in Montreal in 2026?
No. The median house sold for $735,000 in Q3 2026, versus $717,500 in Q3 2025 (+2.4%). Out of 9 quarter-by-quarter comparisons (houses, condos and plexes), the median price is up in 7 and down in 1.
Are fewer houses selling in Montreal in 2026?
From January to September 2026, 2,476 houses sold versus 2,687 in 2025 (-7.9%).
How long does it take to sell a house in Montreal?
27 days at the median in Q3 2026, versus 26 days in Q3 2025. It varies a lot by area and price range.
What about condos in Montreal?
The median condo sold for $475,000 in Q3 2026 (+1.1% year over year), on 4,304 sales.
What will the market do in 2027?
Nobody knows the future; the numbers above describe what actually sold. For the trends to watch, see our Quebec real estate market forecast for 2027.
Source: Centris (Matrix), Statistics module, Montreal, queries of October 28, 2026, closed sales, median sale price, number of sales, median days on market and sale-to-asking price, by quarter of 2025 and 2026; compiled by the Loaa & Manseur team, aggregates only. 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.