Welcome to Our Analysis of the Residential Real Estate Market in the Province of Quebec for August 2025
In this article, we will examine current market trends and compare them to the previous year.
Sources: APCIQ - Residential Barometer
Summary of Centris Activity
August 2025 showed sustained activity in Quebec's residential market. Compared to August 2024, there was a 10% increase in total sales, reaching 7,109 transactions. New listings also rose by 15%, while the sales volume surged by 22%, totaling over $3.9 billion.
Analysis by Property Category
Single-Family Homes
The single-family home market saw notable growth with an 11% increase in total sales compared to the previous year. The median price also rose by 10%, reaching $490,000. Homes are now spending an average of 46 days on the market, indicating a reduction of 12 days in the time it takes to sell.
Condominiums
Condominium sales saw a slight increase of 3%, with the median price rising by 7% to $399,900. Active listings increased by 8%, while the average time on the market decreased by 9 days, now standing at 51 days.
Multiplex (2-5 Units)
The multiplex segment was particularly dynamic, with an impressive 23% increase in sales. The median price also rose by 11%, reaching $649,000. Multiplex properties are staying on the market for an average of 55 days, which is 16 days less than the previous year.
Trends and Professional Advice
Quebec's real estate market is showing signs of strength, with sustained demand and rising prices across all property categories. Here are some tips for navigating this market:
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For Buyers: Be ready to act quickly by securing mortgage pre-approval, as properties are selling faster.
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For Sellers: Take advantage of rising prices to maximize your return on investment, but ensure your property is well-prepared to attract buyers.
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For Investors: Multiplex properties represent an interesting opportunity with strong growth in both sales and prices. Look into emerging neighborhoods for potentially higher returns.
Conclusion
In conclusion, Quebec’s residential real estate market for August 2025 presents positive prospects, with increasing demand and rising prices. Whether you’re a buyer, seller, or investor, it’s crucial to stay informed about market trends to make well-informed decisions. For more advice or to begin your real estate journey, don't hesitate to contact a real estate broker.
