Outremont, Montreal - July 2026 Real Estate Report

Outremont Real Estate Right Now: Strong Prices, But the Market Is Sending Mixed Signals

If you own a home in Outremont and you haven't checked your property value lately, now is the time. The numbers tell two very different stories depending on whether you own a house or a condo - and both are worth paying attention to before summer hits.

The Vibe: Houses vs. Condos in Outremont

Let's break down what's actually happening on our streets right now.

Houses: The average HonestDoor Price for a house in Outremont sits at $1,612,208. That's down a slim 0.38% from the previous period, but the 3-month trend tells a more encouraging story - the predicted market value of $1,618,368 is actually climbing above the 3-month moving average of $1,596,992. So yes, we saw a small dip, but the direction of travel is upward. Property values have moved 2.10% recently, and on the neighbourhood leaderboard, Outremont houses rank 15 out of 27 comparable Montreal neighbourhoods for growth. That puts us in the middle of the pack - not leading the charge, but far from the back of the line.

For context on where we sit in the city, here is how our neighbours stack up on house prices:

• Le Plateau-Mont-Royal average HonestDoor Price: $1,160,449 - noticeably cheaper than Outremont
• Mont-Royal average HonestDoor Price: $2,080,672 - a step up from us
• Westmount average HonestDoor Price: $3,025,571 - a different league entirely

Outremont sits comfortably between the Plateau and Mont-Royal. That is not a bad place to be.

Condos: This is where we need to be honest with each other. The average HonestDoor Price for an Outremont condo is $714,315, down 1.06% from the previous period. The predicted value of $721,976 is also sitting below the 3-month moving average of $725,861. The trend here is softening. On the condo leaderboard, Outremont ranks 19 out of 21 comparable Montreal neighbourhoods. That is a bottom-performer ranking, and it is worth knowing. The one bright spot? Our condos still price out above nearby Mont-Royal condos at $684,876, so we are holding a premium - just not growing it right now.

Condo neighbours for comparison:

• Le Plateau-Mont-Royal average HonestDoor Price: $522,778
• Mont-Royal average HonestDoor Price: $387,014

The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment

Here is the thing about your city assessment - it is 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 changed since then.

The HonestDoor Price is updated in real time using current market data. Right now, that means it is catching the upward momentum in Outremont house values that a static government assessment would completely miss. If you are a house owner, your assessment is likely understating what your property is actually worth today. If you own a condo, the HonestDoor Price is giving you the honest picture of a softening trend - which is exactly the kind of heads-up you need before making a decision.

Think of the HonestDoor Price as the real-world check. Your tax assessment tells you what the city thinks your home was worth. The HonestDoor Price tells you what the market thinks it is worth right now.

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

If you own a house in Outremont, the case for listing this summer is real. Prices are above the 3-month average and trending up. At $1,612,208 average value, you are sitting on a significant asset in a neighbourhood that still commands a clear premium over the Plateau. Rental demand is strong too - estimated rent of $5,787 per month and a 4.19% rental yield means buyers see income potential here, which supports your asking price.

On the short-term rental side, Outremont houses rank 3rd in all of Montreal for Airbnb potential. That is a selling point you can put in your listing.

If you own a condo, the picture calls for a more urgent conversation. With values down 1.06%, a below-average growth rank of 19 out of 21, and the 3-month trend pointing downward, waiting is a risk. The rental yield of 3.44% is moderate - it will attract some investors, but it is not a headline number. If you have been thinking about selling, getting ahead of further softening makes more sense than sitting on the sideline hoping for a rebound that the data is not currently supporting.

Bottom line - Outremont is still one of Montreal's most desirable addresses. But right now, the market is rewarding house owners and asking condo owners to pay close attention. Check your HonestDoor Price, know what you actually have, and make your move with real numbers in hand.

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.