Real estate Montréal : Real estate market statistics May 2025
Real estate Montréal : Real estate market statistics May 2025
Main information:
- +10% in sales compared with May 2024, with 1,902 transactions recorded in Montreal.
- Median prices up in all segments: +10% for single-family homes, +6% for condominiums, +5% for plexes.
- Shorter sales lead times: up to 23 days less than a year earlier, a sign of a fluid market.
- Sales volume up 18%, supported by growing inventory and continuing active demand.
The Montreal real estate market confirms its strength in May 2025, following a particularly active spring. Fueled by robust demand and a growing inventory, real estate activity posted a further marked increase in sales and volume transacted.
This month’s data testify to a growing climate of confidence on the part of both buyers and sellers. The increase in listings allows a greater diversity of choice, while maintaining a high turnaround speed for well-positioned properties. This sustained momentum reflects the combined effect of seasonality, renewed economic optimism, and a more fluid market.
In this analysis, we take a look back at the key statistics for the Montreal real estate market in May 2025, shedding light on the best-performing segments and the trends to watch.
Time needed: 6 minutes
- Montreal Real Estate Market – May 2025
- Montreal property prices – May 2025
- Sales lead times and distribution of properties sold in Montreal – May 2025
- Registrations and sales volume in Montreal – May 2025
Montreal Real Estate Market – May 2025
The Montreal real estate market continues to progress in May 2025, with a steady increase in activity. The number of sales reached 1,902 transactions, up 10% on May 2024.
This trend confirms a dynamic market, driven by sustained demand and expanded supply, in an environment still marked by high interest rates and marked geopolitical uncertainty.
An increasingly abundant supply and a fluid market
With 9,935 active listings (+6%) and 3,362 new listings (+8%), real estate supply continues to grow in Montreal. This steady stream of listings helps to keep the market flowing, bringing together active buyers and motivated sellers.
For buyers, this means a wider choice and greater negotiating power. On the sellers’ side, this heightened competition reinforces the importance of an optimized marketing strategy: the right price, good presentation and clear positioning.
This more balanced context is boosting sales, provided that the property is well aligned with current market expectations.
Trading volume: strong growth
Total sales volume reached $1.43 billion, up 18% on May 2024. This increase can be explained by a combination of factors: a rise in transactions, higher average property values, and continuing strong demand, particularly in the condominium and single-family segments.
Sales lead times: still falling
Average selling times continue to fall, demonstrating that the market is efficiently absorbing new listings:
- Single-family homes: 38 days (-11 days).
- Condominiums: 45 days (-12 days).
- Plex: 47 days (-23 days).
This across-the-board reduction reflects a steady pace, with well-positioned properties quickly finding takers.
A booming real estate season
May is at the heart of the peak real estate season in Montreal. Historically, this period has seen an intensification of the search for a summer relocation or a move before the start of the school year. Coupled with milder weather, this seasonal dynamic stimulates both listings and transactions, contributing to the market vitality observed this month.
Find out more about this month’s statistics in an infographic:
The data comes from the
APCIQ (Association Professionnelle des Courtiers Immobiliers au Québec), see the full report here.
With a sustained increase in sales, a sharp rise in volume transacted, and shorter selling times, May 2025 confirms the positive momentum of the Montreal real estate market. Buoyed by a propitious season, a richer supply and strong demand, the market remains competitive – both for well-prepared sellers and for buyers ready to act quickly.
Montreal property prices – May 2025
Median prices continued to rise in May, consolidating the healthy state of the Montreal real estate market. This growth is once again being seen across all segments, driven by sustained demand, renewed confidence, and the increased presence of qualified buyers and investors.
| Property type | Median price – May 2025 | Annual variation |
|---|---|---|
| Single-family homes | 797 500 CAD$ | + 10% |
| Condominiums | 487 531 CAD$ | + 6% |
| Plex (2 to 5 units) | 873 750 CAD$ | + 5% |
Single-family homes: Selling price
With a median price of $797,500, up 10% year-on-year, the single-family home segment remains one of the most dynamic in Montreal.
This price level confirms the continuing strong interest in properties offering space and privacy, particularly on the outskirts of the island, where families continue to seek stable living environments. Shorter selling times illustrate this buying pressure, even against a backdrop of rising supply.
Compared with the annual average for 2024, this price reflects an increase of 6%, underlining continued growth over the long term.
Co-ownership: Selling price
The median condominium price is $487,531, up 6% on May 2024.
This more marked increase than in April is explained by the market’s upward readjustment after a period of stability. The relative affordability of condominiums continues to make them a popular choice, particularly for first-time buyers and young professionals. The short selling time shows real interest, reinforced by favorable seasonality.
Compared to 2024, the median price is up 5%, proof that the segment remains buoyant and supported by demand.
Plexs : Selling price
At $873,750, the median plex price is up 5% year-on-year.
This moderate growth comes against a backdrop of adjusted investment strategies, as high interest rates continue to influence profitability calculations. However, well-located plexes offering good rental income remain actively sought-after, especially in neighborhoods with high rental pressure.
Put into perspective with 2024, the median price has risen by 7%, reflecting continued investor interest in this type of asset, perceived as more resilient than other investment classes.
Median prices are showing solid growth across all property segments in May 2025. Single-family homes and condominiums show increases of +10% and +6% respectively, while plexes register +5% year-on-year – results underpinned by steady demand and quality properties on the market. These increases support the idea that the Montreal market is experiencing sustainable growth.
“We’re seeing an exceptional spring this year: rare liquidity on the buyer side, with prices rising steadily and a precious balance between supply and demand.”
Kyle Shapcott, leader in real estate
Sales lead times and distribution of properties sold in Montreal – May 2025
Sales lead times continued to fall in May, a sign that the real estate market is still buoyant, well absorbed and buoyed by the spring season.. Against a backdrop of increasing supply and slightly more accessible financing, buyers remain very responsive, especially for well-located and well-priced properties.
| Property type | Average selling time | Annual variation |
|---|---|---|
| Single-family home | 38 days | – 11 days |
| Condominiums | 45 days | – 12 days |
| Plex ( 2 to 5 units) | 47 days | – 23 days |
Single-family homes: acceleration confirmed
With an average lead time of 38 days, down 11 days on May 2024, single-family homes are selling at a very brisk pace.
Family demand remains constant, particularly in outlying neighborhoods offering space, tranquility and good value for money. This rapid turnaround illustrates buyers’ confidence and their ability to quickly position themselves on properties aligned with their criteria.
Condominiums: a segment that continues to perform well
Condominiums sell in an average of 45 days, 12 days less than in May 2024.
Despite a larger inventory, demand remains strong and well-distributed, especially in central neighborhoods. The relative affordability of this type of property continues to attract first-time buyers. Well-presented, competitively-priced units are easily snapped up.
Plexs: a clear acceleration in sales
The plex segment shows a spectacular reduction in lead times, with an average of 47 days, 23 days less than a year ago.
This significant drop reflects the active return of investors looking for stable rental assets with potential. Attractive market opportunities, combined with the prospect of attractive yields, are contributing to this renewed interest in income properties, particularly in sectors with high rental pressure.
Shortened sales lead times in all segments testify to a responsive and well-fed real estate market. Single-family homes and plexes show the strongest acceleration, while condominiums confirm their attractiveness during the peak season. This fluidity shows that buyers are on the ball, ready to act quickly to seize the right opportunities.
Sales breakdown – Montréal real estate market – May 2025
The breakdown of sales in May 2025 confirms the preponderance of condominiums, which account for 52% of transactions. Next come single-family homes (29%) and plexes (19%), which are still gaining ground. This distribution reflects buyers’ new trade-offs between accessibility, the need for space and the search for yield.
| Property type | Share of sales |
|---|---|
| Single-family home | 29 % |
| Condominiums | 52 % |
| Plex (2 to 5 units) | 19 % |
Condominiums: A market driver
Although their share is slightly down on April, condominiums remain the dominant segment. With more than one in two sales, condominiums remain the driving force behind the Montreal residential market. Boosted by a diversified offering, increased affordability and strong urban demand, they continue to appeal to young buyers, first-time buyers and cautious investors.
Single-family homes: An ever-coveted product
Single-family homes accounted for 29% of sales, up one percentage point on the previous month.
This figure reflects a growing craze for spacious properties, particularly among families willing to move away from the center to enjoy a better living environment. Despite a high median price, this segment remains solid thanks to a rapid pace of sales driven by the back-to-school period.
Plexes: A segment still in demand
Plexes accounted for 19% of sales, up 3 points on April. This gain reflects a genuine return of investors to this segment, attracted by the rental income and long-term stability of this type of asset.
This renewed interest is due to a better price/return balance, in a context where attractive market opportunities are being actively sought.
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Registrations and sales volume in Montreal – May 2025
Montreal’s real estate market continued its upward momentum in May, with supply expanding and sales volumes rising sharply. These indicators confirm the vitality of an active market, which continues to offer attractive opportunities, provided we adopt a strategic and rigorous approach.
| Indicators | May 2025 | Annual variation |
|---|---|---|
| Active listings | 9 935 | + 6% |
| New listings | 3 362 | + 8% |
| Sales volume | 1 438 968 889 CAD$ | + 18% |
An ever-growing inventory, a dynamic market
With 3,362 new listings (+8%) and a total of 9,935 properties on the market (+6%), May confirms the progressive expansion of inventory in Montreal. This evolution favors a greater diversity of properties, improving the fluidity of transactions while maintaining a balance between supply and demand.
In the most competitive sectors, buyers have more choice, which naturally makes them more selective. Conversely, well-positioned properties – well appraised, well located, and properly promoted – continue to sell quickly, often at asking price.
For sellers, this climate demands impeccable marketing to stand out in an environment where the offer is renewed every week.
Sales volumes up sharply
Total traded volume reached $1.43 billion, up 18% on May 2024. This performance was driven by two factors: an increase in the number of transactions and a steady rise in median prices, particularly in the single-family home and plex segments.
While interest rates remain high, their recent stabilization and the positive economic outlook are helping to bolster demand, particularly from strategic, well-prepared buyers. Real estate remains a safe haven, and this context confirms that successful transactions are now the fruit of careful execution and a solid professional presence.
An ever-expanding inventory
With close to 10,000 properties available on the Montreal market, May 2025 marks a year-to-date high. This steady increase in inventory gives buyers greater latitude in their choices, while exerting increased competitive pressure on sellers.
In this context, the quality of marketing becomes a decisive lever: professional photos, highlighting strengths, fair pricing and a multiplatform distribution strategy are now essential. Poorly presented or overpriced properties struggle to attract interest, even in high season.
For buyers, this expanded inventory enables them to compare and negotiate more effectively, while giving them the opportunity to find a property better aligned with their needs – provided they remain reactive to the right opportunities.
“What we’re seeing in May is a market in full effervescence, but also more selective. Inventory is increasing, sales are following suit, but only well-positioned properties are really performing. Today, you can’t just ‘put up for sale’: you have to sell intelligently.”
Kyle Shapcot, leader in real estate
Conclusion
Statistics for May 2025 confirm that the Montreal real estate market is solid and on the move. Sales are up, prices continue to rise, and lead times are getting shorter. At the same time, the offer is expanding, giving buyers more choice, but requiring sellers to deliver flawless execution.
In this context, every transaction is based on details: positioning, pricing, showcasing, distribution strategy. Whether you’re a buyer looking for a great opportunity or a seller looking to make the most of your asset, the right support makes all the difference.
Contact our team of Montreal real estate brokers for a winning plan of action to maximize your opportunities in the Montreal real estate market.
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