Market · Le Plateau-Mont-Royal (Montreal) · Q1 to Q3 2026 vs 2025
Are prices falling in Le Plateau-Mont-Royal? Is the market going down? The numbers for the Le Plateau-Mont-Royal borough, quarter by quarter, 2026 vs 2025: median price, number of sales, days on market and sold-to-asking.
In Le Plateau-Mont-Royal, in Q3 2026 (July to September), the median condo sold for $575,000, versus $585,000 in Q3 2025 (-1.7%); the median single-family house $1,285,000, versus $1,500,000 (-14.3%). Out of 6 quarter-by-quarter comparisons (houses and condos), the median price is up in 4 and down in 2. From January to September, 1,197 houses and condos sold in 2026 versus 1,122 in 2025 (+6.7%). A condo took 34 days to sell in Q3, versus 26 a year earlier. Source: Centris (Matrix), compiled on November 1, 2026.
The short answer
In Le Plateau-Mont-Royal, in Q3 2026 (July to September), the median condo sold for $575,000, versus $585,000 in Q3 2025 (-1.7%); the median single-family house $1,285,000, versus $1,500,000 (-14.3%). Out of 6 quarter-by-quarter comparisons (houses and condos), the median price is up in 4 and down in 2. From January to September, 1,197 houses and condos sold in 2026 versus 1,122 in 2025 (+6.7%). A condo took 34 days to sell in Q3, versus 26 a year earlier.
Median price by quarter in Le Plateau-Mont-Royal: 2026 vs 2025
| Quarter | Houses 2025 | Houses 2026 | Change | Condos 2025 | Condos 2026 | Change |
|---|---|---|---|---|---|---|
| Q1 (January to March) | $1,403,500 | $1,532,500 | +9.2% | $572,500 | $610,000 | +6.6% |
| Q2 (April to June) | $1,380,000 | $1,447,750 | +4.9% | $588,500 | $600,000 | +2.0% |
| Q3 (July to September) | $1,500,000 | $1,285,000 | -14.3% | $585,000 | $575,000 | -1.7% |
- Q1 (January to March): median price single-family house +9.2%, condo +6.6%; condos sales +10.0%.
- Q2 (April to June): median price single-family house +4.9%, condo +2.0%; condos sales +5.4%.
- Q3 (July to September): median price single-family house -14.3%, condo -1.7%; condos sales +6.3%.
Number of sales by quarter
| Quarter | Houses 2025 | Houses 2026 | Change | Condos 2025 | Condos 2026 | Change |
|---|---|---|---|---|---|---|
| Q1 (January to March) | 21 | 23 | +9.5% | 290 | 319 | +10.0% |
| Q2 (April to June) | 27 | 30 | +11.1% | 446 | 470 | +5.4% |
| Q3 (July to September) | 20 | 17 | -15.0% | 318 | 338 | +6.3% |
From January to September, 1,197 houses and condos sold in Le Plateau-Mont-Royal in 2026, versus 1,122 in 2025 (+6.7%). By type: 70 houses (+2.9%), 1,127 condos (+6.9%).
Days on market and sold-to-asking price
| Quarter | Houses 2025 | Houses 2026 | Change | Condos 2025 | Condos 2026 | Change |
|---|---|---|---|---|---|---|
| Q1 (January to March) | 27 days | 14 days | -13 days | 27 days | 27 days | same |
| Q2 (April to June) | 28 days | 31 days | +3 days | 18 days | 23 days | +5 days |
| Q3 (July to September) | 40 days | 17 days | -23 days | 26 days | 34 days | +8 days |
In Q3 2026, the median house took 17 days to sell (40 days in 2025); the median condo 34 days (26 days in 2025).
| Quarter | Houses 2025 | Houses 2026 | Change | Condos 2025 | Condos 2026 | Change |
|---|---|---|---|---|---|---|
| Q1 (January to March) | 98% | 98% | stable | 99% | 99% | stable |
| Q2 (April to June) | 99% | 97% | -2 points | 99% | 98% | -1 point |
| Q3 (July to September) | 98% | 98% | stable | 98% | 98% | stable |
In Q3 2026, condos sellers in Le Plateau-Mont-Royal got 98% 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 Le Plateau-Mont-Royal?
The Q3 median price is below 2025 while sales are holding. With fewer sales than in a whole city, a quarterly median also moves with the mix of properties sold: look at all three quarters together before drawing conclusions.
For Montreal as a whole, the median condo is +1.1% in Q3 2026 ($475,000) and January-to-September sales are -2.0%. In Le Plateau-Mont-Royal, the median condo is -1.7% ($575,000) and sales are +6.7%. Prices are rising more slowly here than in the city as a whole. See the numbers for Montreal 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. To place Le Plateau-Mont-Royal within Montreal, see the Montreal market by quarter.
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 Le Plateau-Mont-Royal since 2016.
How to read these numbers
Centris (Matrix) statistics for the Le Plateau-Mont-Royal borough of Montreal, closed sales. House: Single-family category, all styles. Condo: Divided co-ownership 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, days on market and sold-to-asking left blank (n/a).
Frequently asked questions
Are prices going down in Le Plateau-Mont-Royal in 2026?
In Q3, yes. The median condo sold for $575,000 in Q3 2026, versus $585,000 in Q3 2025 (-1.7%). Out of 6 quarter-by-quarter comparisons (houses and condos), the median price is up in 4 and down in 2.
Are fewer properties selling in Le Plateau-Mont-Royal in 2026?
From January to September 2026, 1,197 houses and condos sold versus 1,122 in 2025 (+6.7%).
How long does it take to sell in Le Plateau-Mont-Royal?
In Q3 2026, the median house took 17 days to sell (40 days in 2025); the median condo 34 days (26 days in 2025). It varies a lot by street, property style and price range.
How does Le Plateau-Mont-Royal compare with the rest of Montreal?
For Montreal as a whole, the median condo is +1.1% in Q3 2026 ($475,000) and January-to-September sales are -2.0%. In Le Plateau-Mont-Royal, the median condo is -1.7% ($575,000) and sales are +6.7%. Prices are rising more slowly here than in the city as a whole. See the numbers for Montreal by quarter.
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 (Le Plateau-Mont-Royal), queries of November 1, 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.