Montreal Real Estate Market

Centris data · Q3 2026

As of Q3 2026, the typical single-family home reaches 812 000 $, or +2 % year over year. Quebec's economic hub, the island of Montreal has the province's highest condo density and a single-family market under strong pressure.

Buyer's market. Inventory is growing faster than sales: price pressure is easing, in favour of buyers.

Median price by property type in Montreal

Single-family

812 000 $ (+2 % year over year) · 51 days on market

Condo

477 000 $ (0 % year over year) · 67 days on market

Plex (2 to 5 units)

902 500 $ (+3 % year over year) · 52 days on market

Residential sales : 3 344 (−13 % year over year). Active listings : 10 490 (+12 % year over year).

How Montreal ranks in Quebec

With a median price of 812 000 $, Montreal is the 1st most expensive region of 15, or +52.5% above the median of Quebec regions (532 500 $).

Rental vacancy rate

A vacancy rate of 3.3% in 2025 in Montreal (source: CMHC).

Asking rents in Montreal

studio : 1 270 $ · 1 bedroom : 1 530 $ · 2 bedrooms : 1 900 $ · 3+ bedrooms : 2 390 $. Average asking rent for apartments listed for rent (Montréal CMA, 2026-01, experimental estimates from Statistics Canada). Asking rents run higher than the average rent of an occupied stock: read this as a market ceiling, not as income already earned.

Frequently asked questions

What is the median home price in Montreal?

As of Q3 2026, the median price of a single-family home in Montreal is 812 000 $ (+2 % year-over-year), according to Centris data.

Does the Montreal real estate market favour buyers or sellers?

Buyer's market. Inventory is growing faster than sales: price pressure is easing, in favour of buyers.

How long does it take to sell a home in Montreal?

A single-family home sells in a median of 51 days in Montreal (Q3 2026).

What is the price of a condo or a plex in Montreal?

As of Q3 2026, the median price is 477 000 $ for a condo and 902 500 $ for a plex in Montreal.

Where does this data come from and how often is it updated?

Statistics come from Centris (Quebec's real estate brokers' system) and are refreshed every quarter as new data is published. Prices are residential medians for the region, provided for informational purposes.

Source : Centris · Q3 2026.