
14 Nov October Real Estate Market Highlights
Feature photo©Bonnie Meisels
October Real Estate Market Highlights
October real estate market highlights confirm for the Island of Montreal:
Total sales: Sept 2019: 1625 Sept 2018: 1,512 Increase of 7%
New listings: 2,206 2,273 Decrease of -3%
Active listings: 6,384 7,534 Decrease of -15%
Sales volume: $779,666,573 $646,188,403 Increase of 21%
Sales by property category:
Single-family homes
Sales: Sept 2019 489 Sept 2018 434 Increase of 13%
Active listings : 2,048 2,092 Decrease of -2%
Median price: $528,000 $520,000 Increase of 2%
Average selling time (days): 53 55 Decrease of -2
Condominiums
Sales: 816 810 Increase of 1%
Active listings: 3,183 3.964 Decrease of -20%
Median price: $355,250 $329,500 Increase of 8%
Average selling time (days): 60 78 Decrease of -18
Plex (2-5 units)
Sales: 320 268 Increase of 19%
Active listings: 1,153 1,478 Decrease of -22%
Median price: $611,200 $564,250 Increase of 8%
Average selling time (days): 73 33 Increase of 10
The overall themes across all property categories are higher prices and much less inventory, especially across the plex and condominium categories.
Read the Montreal Real Estate Barometer 3rd Quarter produced by QPREB
Read the full Montreal September real estate market highlights via the APCIQ Report
Montreal condos downtown are also attracting the ultra wealthy, watch the youtube video below and check out some of the real estate numbers
Montreal house prices keep going up
Uploaded by Montreal Gazette on 2019-10-25.
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