Outremont, Montreal - August 2026 Real Estate Report

Outremont Real Estate Right Now: Solid Ground, But Watch the Details

If you live in Outremont and you haven't checked your home's value lately, this is your nudge. The market here isn't crashing, but it isn't sprinting either. Here's what's actually going on, broken down so it makes sense for your wallet.

The Vibe: Houses vs. Condos in Outremont

We're seeing two different stories play out right now depending on what you own.

On the house side, our average HonestDoor Price sits at $1,591,196 - down a modest 1.30% from the previous period. That's not a alarm bell, it's more of a market taking a breather. The predicted value is actually nudging upward at $1,612,208, which is above the 3-month moving average of $1,605,227. That upward tick matters. It suggests the short-term dip may already be stabilizing. On the neighbourhood leaderboard, Outremont houses rank 9 out of 27 comparable Montreal neighbourhoods for growth - that puts us firmly in above-average territory. Not the flashiest number on the board, but consistent and respectable.

For condo owners, the picture is a bit more mixed. The average HonestDoor Price is $723,173 - up 1.24% from the previous period, which is a good sign. But the predicted value of $714,315 is currently sitting below the 3-month moving average of $722,070, and recent price change is -1.06%. That gap is worth watching. On the growth leaderboard, Outremont condos rank 10 out of 20 comparable neighbourhoods - still above average, but the momentum needs to be monitored over the next quarter.

• House average HonestDoor Price: $1,591,196 (down 1.30%)
• House predicted value: $1,612,208 (above 3-month average)
• House rental estimate: $5,734/month - yield of 4.19%
• House Airbnb estimate: $285/night - ranked No. 2 in Montreal
• House growth rank: 9 out of 27 Montreal neighbourhoods
• Condo average HonestDoor Price: $723,173 (up 1.24%)
• Condo predicted value: $714,315 (below 3-month average)
• Condo rental estimate: $3,286/month - yield of 3.45%
• Condo Airbnb estimate: $163/night - ranked No. 1 in Montreal
• Condo growth rank: 10 out of 20 Montreal neighbourhoods

The Secret Sauce: Why Your HonestDoor Price Beats Your Tax Assessment Right Now

Here's the thing about your city assessment - it's a snapshot from the past. The city looks at sale data from a reference period that can be 12 to 24 months old by the time it lands in your mailbox. A lot has moved since then.

The HonestDoor Price is updated in real time using current market activity. Right now, that means it's catching the subtle upward movement in house values that a static assessment would completely miss. If you're a house owner, your city assessment may actually be underselling you. If you own a condo, the HonestDoor Price is flagging a slight softening that your old assessment won't reflect at all - which matters if you're making any financial decisions based on equity.

Think of the HonestDoor Price as the number your real estate agent would whisper to you over coffee - not the number the city prints on a form once every few years.

The "So What?" - Thinking About Selling This Summer?

If you own a house in Outremont and you're eyeing a summer sale, the timing has some logic to it. Values are stabilizing after a small dip, the predicted price is trending upward, and at $285 a night Airbnb potential, buyers with flexibility in how they use the property will be paying attention. You're also priced well below Mont-Royal ($2,097,131) and Westmount ($3,038,602), which means Outremont still looks like relative value to buyers shopping that tier.

If you own a condo, summer 2025 is a moment to be strategic rather than rushed. The 1.24% price increase is encouraging, but the predicted value dipping below the moving average tells us the market is still finding its footing. Pricing it right from day one matters more than usual right now - overpricing a condo in a softening micro-trend is how listings go stale fast.

Either way, the first move is the same - pull your HonestDoor Price today and compare it to what you think your place is worth. That gap, or lack of one, will tell you a lot about where you actually stand heading into the summer market.

This 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.