If you have been watching the "For Sale" signs in Quartier 5-2, here is the honest breakdown. We are not in a single market right now - we are in two. Houses and condos are moving in opposite directions, and which one you own changes everything about your next move.
Let us be straight with you. House values in Quartier 5-2 are softening. The average HonestDoor Price for a house sits at $381,323, down 0.17% from the previous period. The 3-month moving average is $383,418, and the predicted value of $381,967 is sitting just below that line. That is the market telling us prices are drifting downward, not crashing, but not climbing either.
That 5.85% rental yield is the bright spot here. If you are holding a house as a rental, the income story is still solid even while the price appreciation cools off. On the Airbnb side, a rank of 27th in Quebec means short-term rental demand exists, but it is not a top-tier market for that strategy.
Compared to neighbours, Vieux-Moulin ($440,020), Chutes-Montmorency ($411,354), and Quartier 5-4 ($397,901) are all priced higher than us right now. That gap is worth watching - it could mean we have room to grow, or it could mean buyers are choosing those streets over ours. Either way, you need current numbers, not last year's assessment, to understand where you actually stand.
Here is where it gets interesting. While houses cool off, condos in Quartier 5-2 are quietly climbing the leaderboard. The predicted condo value is $260,862, up from a 3-month moving average of $255,636. That is a 4.74% recent price change moving in the right direction.
Rank 1 out of 29 for condo growth in Quebec. That is not a small thing. It means condos in Quartier 5-2 are outpacing every comparable neighbourhood in the province right now. If you own a condo here, that number deserves your attention today - not when the city gets around to updating your assessment.
The condo picture versus neighbours is mixed. Chutes-Montmorency condos average $323,156, well above us. Vieux-Moulin sits at $172,582 and Quartier 5-4 at $227,625, both below us. We are sitting in the middle of the pack on price, but leading the pack on growth momentum. That is a good position to be in.
Your city assessment is a snapshot from the past. It gets updated on a schedule that has nothing to do with what buyers are actually paying on your street this month. The HonestDoor Price is a real-time estimate that moves with the market - and right now, the market is moving fast enough in both directions that a stale number can cost you real money.
For condo owners, your city assessment almost certainly does not reflect a rank-1 growth trajectory. You could be leaving money on the table if you price based on old data. For house owners, the softening trend means your assessment from even 12 months ago might be giving you a rosier picture than today's reality. Either way, the HonestDoor Price is the real-world check you need before you make any decision.
Here is the practical read for anyone considering a move in the next few months.
If you own a condo - the timing conversation is worth having seriously. You are sitting at the top of Quebec's growth leaderboard right now. That kind of momentum attracts buyers. Summer inventory tends to rise, which means more competition from other sellers. Getting ahead of that wave makes sense.
If you own a house - do not panic, but do not be complacent either. A -0.51% recent price shift and a rank of 23 out of 32 means the market is not working hard in your favour right now. That does not mean you cannot sell well - it means you need accurate, current pricing to attract the right buyer. Overpricing based on an old assessment will cost you time, and time in a softening market costs you money.
For both property types, the rental numbers are a useful backstop. A house yielding 5.85% or a condo generating $1,408 per month in rent gives you options if the sale timing does not feel right. Knowing your real numbers - not your assessed numbers - is what lets you make that call with confidence.
Check your HonestDoor Price before you do anything else. It takes two minutes and it is the most current read on what your home is actually worth in today's market.
quartier 5-2 | québec | 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.