If you live on the island and you've been wondering whether the market is holding up - it is, and then some. Here's the straight story on what's happening to home values in our corner of Montreal right now.
We're seeing two very different stories play out depending on what you own here.
Houses are the headline act. The average HonestDoor Price for a house sits at $807,715, up 0.67% from last period. Actual sales are coming in even higher - the average sale price for houses recently hit $951,667, with a price per square foot around $468. Only 3 houses sold, but that's a tight, low-inventory market, not a slow one. The predicted market value is $802,505, trending up from the 3-month average of $797,454. That upward momentum is real.
On the neighbourhood leaderboard, our houses rank 3rd out of 27 in Montreal for growth rate. That puts us in the top tier of the city. For price rank, we sit 8th out of 16 - above average. We're not the cheapest option, and we're not trying to be.
Condos are taking a breather. The average HonestDoor Price for condos is $356,644, down 1.52% from last period. That's a small dip, not a freefall. The predicted value of $362,133 is actually creeping up past the 3-month average of $361,231, so the floor looks solid. Rental yield comes in at 4.08% - moderate, but still positive cash flow territory for investors.
Condo growth ranks 7th out of 21 comparable Montreal neighbourhoods - above average. Nearby condos in Pierrefonds-Roxboro ($383,580) and Iles-Laval ($459,121) are priced higher, which means our condos still offer a relative entry point into this part of the city.
Here's the thing about your city assessment - it's a snapshot from the past. The city evaluates properties on a fixed cycle, which means by the time that number lands in your mailbox, the market has already moved on.
The HonestDoor Price is updated in real time using actual sales data, current market signals, and neighbourhood trends. For houses here, that means a predicted value of $802,505 that reflects what's happening on the ground today - not what was happening two or three years ago when the city last looked around.
With house values up 2.14% recently and sitting in the top 3 for growth across all of Montreal, your real-world number could be meaningfully different from what the city has on file. That gap matters when you're making decisions about selling, refinancing, or even just understanding what you actually own.
Check your HonestDoor Price now. Don't wait for the city to catch up.
If you own a house here and you're thinking about listing this summer, the timing is working in your favour. A 2.14% value increase, a top-3 growth rank in Montreal, and an average sale price of $951,667 - that's a strong hand to play. Inventory is tight (only 3 sales last period), which means serious buyers aren't swimming in options. Less competition for them usually means better outcomes for you.
For condo owners, the picture is more measured. Values dipped slightly, but the predicted value is trending back up. If you're not in a rush, holding a little longer while the market stabilizes could make sense. If you need to move, the rental yield of 4.08% means a tenant-ready unit is still an attractive pitch to investor buyers.
Either way, the first step is knowing your real number - not the city's old one. Your HonestDoor Price is the place to start that conversation.
l ile bizard sainte genevieve | montreal | september 2026This information is all based on our opinions based on the information available to us. Everyone's situation may be different and you should reach out to us for more personalized information.