The average residential sale price in the Ville Mont-Royal housing has increased by four per cent across single family homes between January 1 and July 31, 2025, from $911,420 to $952,911. The number of sales decreased by 13 per cent for the same time period from 4,160 to 3,611. The number of listings increased slightly by two per cent (from 8,395 in 2024 to 8,411 in 2025).
Trends in the Ville Mont-Royal Montreal Housing Market
Pricing in the Ville Mont-Royal Montreal housing market is expected to remain stable into next year, with sales activity remaining relatively the same. Inventory for turnkey, well-priced homes remains low, often resulting in multiple offers. In contrast, homes that require more work or are priced higher tend to sit on the market longer. Overall, these conditions have remained largely consistent compared to last year in the region.
The Ville Mont-Royal Montreal housing market in Q4 2024 experienced an especially strong November and December as a result of the lower interest rates. It is expected that as the rates hold, people will take their time and be more willing to wait until opportunities come up that are best for their needs. Families are the primary drivers of sales in the region, a trend expected to continue through the rest of the year. The area offers access to quality schools and family-friendly neighbourhoods, providing a balance of affordability and lifestyle that normally appeals to buyers. However, a key challenge remains: there is not enough quality inventory that matches what buyers are looking for, meaning many properties on the market do not meet current buyer preferences.
For condos, mostly in downtown core, there are more properties than there are buyers. Currently, there are no new factors that are pushing buyers to purchase more quickly. Sellers in the region are adjusting their expectations by lowering their selling price to reflect current market conditions.
Buyers are cautious due to economic uncertainty, and overall consumer confidence remains low. First-time buyers are now typically in their mid-thirties, and are exploring a variety of options, including co-purchasing with partners or asking for family support. As a result, conditional sales are more common, and buyers are taking a more deliberate approach, carefully weighing pricing, property condition and location before entering the market.
Conditional sales have become increasingly common, as sellers are now more willing to accept conditions than in the past. Escape clauses are no longer the primary safeguard; instead, conditional offers – often contingent on the buyer selling their current property or securing financing – are on the rise. This trend reflects a cautious market where buyers need additional flexibility, and sellers who are adaptable are more likely to successfully close transactions.
Some up-and-coming areas outside the usual hotspots are starting to catch buyers’ attention, such as Southwest Quebec and the East End of Montreal. These neighbourhoods are appealing because homes are more affordable, the communities are growing, and new amenities are making them more convenient and enjoyable to live in. More buyers are looking beyond the traditional areas, drawn by a combination of price, accessibility, and lifestyle.
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