Market figures are from the Greater Montreal Real Estate Board's (GMREB) Multiple Listing Service (MLS) database.
The Month's Inventory along with year to year comparison of sold properties represent market conditions.
It is important that my clients know market conditions and understand the market. Misinformation is common in the real estate industry and can be a disservice to clients making decisions on faulty information.
I compile more complete information than can be exhibited here that can aid in decisions when buying and or selling. As my client, this information is made available for your use. One month's activity does not make a trend and so I use quarterly and other market information to advise my clients and help them make better real estate decisions.
Residential & revenue property agent to highly motivated sellers and buyers. Selling in desirable Montreal neighbourhoods assisting clients to lower Days on Market and raise Return on Investment.
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John thanks for sharing the information about the Montreal market (great city by the way!). What are the prices like these days?
Thank you Jon. Prices have corrected themselves since we lost value during the 70's and 80's due to the risk of separation. Prices since '98-'99 have doubled and tripled on the island close to the city center. Less are interested in commuting and willing to pay to live close to downtown. Buy-in on the island for a 2-3 bedroom semi or detached home is 300k min averaging at 350k-400k in the decent neighbourhoods.