Real estate Montréal : Real estate statistics January 2025
Real estate Montréal : Real estate statistics January 2025
Main information:
- Sales up 49% compared with January 2024, reflecting renewed buyer confidence stimulated by lower interest rates and favorable financing conditions.
- Strong sales volume growth (+65%) to $733.2 million, driven by dynamic activity in the plex and single-family home segments.
- Median prices on the rise, with notable increases for plexes (+15%), single-family homes (+7%) and a slight increase for condominiums (+2%), testifying to the market’s resilience.
- Reduced selling times, particularly for plexes (-19 days) and single-family homes (-8 days), confirming sustained demand despite a slight increase in inventory (+1%).
- Condominiums dominate transactions (54%), while single-family homes (26%) and plexes (20%) continue to attract families and investors looking for stable rental yields.
January 2025 is off to a flying start, confirming the upward momentum of the Montreal real estate market. Buoyed by more favorable financing conditions and the ongoing impact of mortgage reforms, the market has performed remarkably well despite an economic environment still marked by a number of uncertainties.
The figures speak for themselves: a 49% increase in sales compared to January 2024, a 65% increase in sales volume, and rising median prices in all property categories, with notable increases for plexes (+15%) and single-family homes (+7%). These results reflect not only the resilience of the Montreal market, but also renewed buyer confidence stimulated by lower interest rates.
At the same time, sales times continue to fall, especially for condominiums and plexes, indicating a market where demand remains strong and investment opportunities numerous. Condominiums remain the dominant segment, accounting for 58% of transactions, confirming the appeal of this type of property for urban buyers.
Let’s discover the detailed statistics for this promising month, to better understand trends and anticipate developments in the Montreal real estate market in 2025.
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- Montreal real estate market -January 2025
- Montreal property prices – January 2025
- Sales lead times and distribution of properties sold in Montreal – January 2025
- Registrations and sales volume in Montreal -January 2025
Montreal real estate market – January 2025
In January 2025, the real estate market on the Island of Montreal confirmed its growth momentum, with indicators clearly up on the previous year. The total number of transactions reached 1,017 sales, marking a significant increase of 49% compared to January 2024. This performance reflects sustained demand, driven by more favorable financing conditions and renewed buyer confidence.
A growing and diversified offering
On the supply side, active listings recorded a slight increase of 1%, reaching 7,752 active listings, compared to January 2024 . Although the increase in inventory is moderate, it contributes to offering buyers a varied choice of properties, including single-family homes (27% of sales), condominiums (58%) and plexes (15%). Nonetheless, the market remains competitive, with sales lead times falling, a sign of the rapid absorption of available properties.
A steadily growing market
Sales volume for January 2025 totaled $733.2 million, an impressive 65% increase on January 2024.
This growth reflects not only an increased number of transactions, but also rising property values. The median price for single-family homes reaches $791,500 (+7%), while that for condominiums stands at $466,000 (+2%), and plexes climb to $831,000, a remarkable 15% increase. Whether in terms of median prices or the number of transactions, the Montreal real estate market continues to outperform in January 2025.
Sales lead times and buyer behavior
Sales lead times continue to fall, reflecting a dynamic market. Single-family homes sell in an average of 76 days, a reduction of 12 days. Condominiums, on the other hand, had an average lead time of 83 days (-3 days), while plexes recorded the sharpest drop, with a lead time of 72 days, 19 days less than in January 2024 .
This reduction in time-to-sale in the market reflects a vigorous buying force that’s actively magazine in each segment, creating a seller’s market where homeowners are looking to capitalize on rising prices and their properties, many of which are largely mortgage-paid.
Find out more about this month’s statistics in an infographic:
The data comes from the
APCIQ (Association Professionnelle des Courtiers Immobiliers au Québec), see the full report here.
Montreal property prices – January 2025
In January 2025, median prices on the Island of Montreal confirmed the upward trend that began in 2024, illustrating the robustness of the market. This growth in prices bears witness not only to the attractiveness of the metropolis, but also to the resilience of a market that continues to attract families, investors and first-time buyers.
| Statistics | Median price – January 2025 | Annual variation |
| Single-family homes | 791 500$ | +7% |
| Condominiums | 466 000$ | +2% |
| Plex (2-5 units) | 831 000$ | +15% |
Single-family homes: solid growth despite a fluctuating environment
The median price of single-family homes reached $791,500, up 7% on January 2024. This moderate growth compared with December (+10%) reflects a still dynamic and active market for this type of property, whose appeal to families remains strong.
Families remain the driving force behind this demand, attracted by larger living spaces, particularly on the outskirts where value for money remains attractive. In addition, the increase in the CMHC-insured loan ceiling continues to support affordability, stimulating this segment.
Condominiums: moderate growth but stable demand
The median price of condominiums is $466,000, up 2% year-on-year. This slight slowdown compared with December (+4%) is explained by a more diversified offer and a return to competition between sellers.
However, they remain a preferred choice for young professionals and first-time buyers thanks to their accessibility, central location and proximity to services. The slight stabilization of prices, coupled with lower interest rates, could even represent an opportunity for those wishing to enter the market before a possible resumption of more pronounced price rises.
Plexs: the star of the market in 2025
The median plex price jumps to $831,000, recording an impressive 15% increase in one year. This segment confirms its role as a pillar of real estate investment in Montreal. The combination of sustained rental demand, rising rents and more favorable financing conditions is once again attracting many investors.
Owner-occupiers also see it as an excellent way of reducing the cost of their mortgage thanks to the rental income generated, thus reinforcing the competitiveness of this type of property.
This rise in median prices in the three main categories demonstrates that Montreal remains a resilient and promising market, capable of absorbing economic fluctuations while offering solid valuation prospects.
- Single-family homes continue to appeal for their spaciousness and long-term growth potential.
- Condominiums remain a strategic entry point for buyers looking for accessibility.
- Plexes stand out for their profitability and their attractiveness to investors, supported by rising rents.
Faced with these dynamics, it is crucial for buyers and sellers to adopt appropriate strategies, based on a detailed analysis of market trends.
“Median price growth in January 2025 reflects a market where demand still outstrips supply. The attractiveness of single-family homes is explained by the scarcity of inventory, while plexes benefit from a favorable rental context, reinforcing their value for investors.”
Kyle Shapcott, leader in real estate
Sales lead times and distribution of properties sold in Montreal – January 2025
Property sales lead times in Montreal – January 2025
In January 2025, sales times on the island of Montreal reveal contrasting dynamics according to property type. These figures reflect the market’s adaptation to an environment marked by more abundant supply and sustained but more selective demand.
- Single-family homes: The average sales time is 58 days, a decrease of 8 days compared with January 2024.
This significant reduction reflects strong demand, particularly from families, who are taking advantage of favorable financing conditions and the scarcity of well-located properties to accelerate their decision. The competitiveness of this segment encourages buyers to act more quickly, especially when faced with realistically priced properties. - Condominiums: The average turnaround time was 77 days, a slight increase of 2 days on the previous year.
Although this segment remains very popular, especially with young professionals and first-time buyers, the abundance of supply on the condo market means that buyers can compare more before committing themselves. This trend reflects a slightly more balanced balance of power, but still in favor of sellers, in this segment. - Plex (2 to 5 units): With an average lead time of 80 days, up 2 days on January 2024, plexes continue to attract investors, but they are taking longer to assess the profitability of their acquisitions. The impact of rising rents on rental profitability calls for more detailed analysis before concluding a transaction.
This trend in sales lead times confirms a market that remains dynamic, but where most decisions are still made after careful consideration, particularly for rental investments. The drop in lead times for single-family homes highlights a highly competitive segment, while the slight increase for condominiums and plexes reflects more cautious buyers, attentive to property quality and profitability prospects.
Sales breakdown
In January 2025, the distribution of sales on the island of Montreal highlights the diversity of buyer preferences, reflecting different needs based on investment profiles and objectives. Condominiums continue to predominate, followed by single-family homes and plexes.
Condominiums: 54% of sales
Condominiums continue to dominate the market, accounting for 54% of transactions this month. Their success is due to more favorable affordability, particularly for first-time buyers and young professionals attracted by central, well-served neighborhoods. What’s more, the diversity of our offering meets a wide range of needs, from small urban units to larger family condos. Lower interest rates are also helping to sustain this craze, making buying more competitive than renting.
Single-family homes: 26% of sales
With 26% of transactions, single-family homes are enjoying a resurgence of interest, supported by solid family demand. Improved financing conditions and the need for larger living spaces favor this segment. The slight drop in sales lead times observed this month confirms the attractiveness to buyers, particularly in residential neighborhoods offering a good balance between quality of life and accessibility.
Plex (2 to 5 units): 20% of sales
Plexes account for 20% of sales, consolidating their position as the asset of choice for investors. Despite a slightly longer time-to-sale, this segment continues to attract buyers thanks to its rental profitability and its long-term value enhancement potential. Rising rents in Montreal make these properties even more attractive, offering interesting prospects for those looking to maximize their returns in a stabilized financing environment.
This balanced distribution illustrates a resilient and diversified real estate market. While condominiums dominate thanks to their affordability, single-family homes appeal to families in search of space, and plexes remain a safe bet for investors.
The Montreal market thus continues to offer strategic opportunities for 2025, tailored to every buyer profile.
Inventory and sales volume in Montreal – January 2025
In January 2025, the Montreal real estate market is showing impressive performance, marked by a significant increase in listings and sales volume. These figures reflect a dynamic market, where supply and demand continue to grow, despite a fluctuating economic context.
| Statistics | January 2025 | Annual variation |
| Active listings | 7 552 | +1% |
| New listings | 2 585 | +19% |
| Sales volume | 733 169 013 $ | +65% |
Inventory growth
The market recorded 2,585 new listings, up 19% on January 2024. In addition, active listings reached 7,752 properties, a slight increase of 1%.
This increase in inventory offers buyers a diversity of choices, facilitating more informed decisions. Whether it’s single-family homes, condominiums or plexes, our offer is adapted to a varied demand: first-time buyers, families or investors looking for new opportunities.
For sellers, this competitive environment underscores the importance of price positioning and effective marketing to capture the attention of increasingly discerning buyers. More and more sellers are choosing to capitalize on the continuing upward trend in prices by positioning their properties on the market, adding to the inventory of properties in Montreal.
Significant sales volume
Total sales volume reached a remarkable $733.2 million, recording spectacular growth of 65% compared with January 2024. This increase reflects a booming real estate market, underpinned by attractive interest rates, renewed buyer confidence and rising prices, which are prompting owners to resell their properties, fully or largely paid for.
This dynamic start to the year points to a promising 2025, where buying, selling and investment opportunities abound. The increase in sales volume, combined with a richer inventory, creates an environment where buyers and sellers can take advantage of favorable conditions.
Whether you’re looking for your next property or a strategic investment, the Montreal real estate market is busier than ever.
“The significant increase in sales volume in January 2025 reflects renewed buyer confidence, stimulated by more favorable financing conditions. The expanded inventory offers strategic opportunities, both for investors and for families looking for their future property.”
Kyle Shapcott, leader in real estate
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Conclusion
The Montreal real estate market enters 2025 on a particularly dynamic note. The combination of sustained demand, falling interest rates and a more favorable economic climate is boosting both sales and prices. Despite a slight increase in inventory, shorter selling times confirm the strength of demand, particularly for plexes and single-family homes.
Whether you’re a buyer, seller or investor, there are plenty of opportunities on the market. Anticipating trends, acting quickly and relying on accurate data will be the key to profiting from this booming market.
For a personalized analysis or strategic advice, don’t hesitate to contact our team of real estate brokers in Montreal. The market is on the move: don’t miss the opportunity to make your real estate plans a reality in 2025.
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