Montreal housing market data has been updated to include market stats for June 2025 released in July 2025.
Montreal saw an increase of 15% year-over-year in the total sales as they increased form 3,798 to 4,385 in June 2025. Total active listings saw low year-over-year growth of 2% increasing to 18,122 in June. New listings saw a 6% increase as they reached 5,654 in June.
Average home price by property type in Montreal
These are the average home prices by property type in Montreal as of June 2025.
| Area | Single-Family | Condo | Plex |
|---|---|---|---|
| Montreal CMA | $627,000 | $426,494 | $830,000 |
The median home price for single-family homes saw a year-over-year increase of 0.32% at $627,000 in June 2025 vs. $625,000 the prior year. Condominiums saw a decrease of 0.24% year-over-year decreasing from $427,500 in May 2025 to $426,494 in June.
Median home price in Montreal
These are the median home prices in Montreal for June 2025 for single family, condo and plex homes by area:
| All | Single-Family | Condo | Plex |
|---|---|---|---|
| Montreal CMA | $627,000 | $426,494 | $830,000 |
| Island of Montreal | $804,000 | $482,500 | $885,000 |
| Laval | $599,000 | $415,000 | N/A |
| North Shore of Montreal | $575,000 | $360,000 | $721,250 |
| South Shore of Montreal | $635,000 | $403,000 | $791,500 |
| Vaudreuil-Soulanges | $630,000 | $379,000 | N/A |
| Saint-Jean-sur-Richelieu | $564,273 | $400,000 | N/A |
How much income would it take to afford a home in Montreal?
The income it would take to purchase a home in Montreal varies widely based on the location you wish to purchase a home in. these tables shows how much household income it would take to afford a home based on June 2025 home prices.
Income to afford a home:
| Area | Home Price | Income | Change in Income Required |
|---|---|---|---|
| Montreal CMA | $627,000 | $165,815 | +$449 (+0.27%) |
| Island of Montreal | $804,000 | $205,527 | +$1,458 (+0.71%) |
| Laval | $599,000 | $159,532 | $-5,609 (-3.40%) |
| North Shore of Montreal | $575,000 | $154,148 | +$3,758 (+2.50%) |
| South Shore of Montreal | $635,000 | $167,609 | $ (0.00%) |
| Vaudreuil-Soulanges | $630,000 | $166,488 | +$6,731 (+4.21%) |
| Saint-Jean-sur-Richelieu | $564,273 | $151,741 | $-1,173 (-0.77%) |
Income to afford a condo:
| Area | Home Price | Income Required | Change in Income Required |
|---|---|---|---|
| Montreal CMA | $426,494 | $120,828 | $-226 (-0.19%) |
| Island of Montreal | $482,500 | $133,394 | $-1,129 (-0.84%) |
| Laval | $415,000 | $118,249 | $-673 (-0.57%) |
| North Shore of Montreal | $360,000 | $105,909 | +$1,122 (+1.07%) |
| South Shore of Montreal | $403,000 | $115,557 | +$2,368 (+2.09%) |
| Vaudreuil-Soulanges | $379,000 | $110,172 | +$4,727 (+4.48%) |
| Saint-Jean-sur-Richelieu | $400,000 | $114,884 | N/A |
The following assumptions were made to calculate the income to afford a home in Montreal:
- Down payment of 20% to avoid mortgage default insurance
- Mortgage rate of 3.99%
- Amortization period of 25 years
- Gross debt service (GDS) ratio of 32%
- Property tax of $354 per month ($4,250 per year)
- Heating costs of $150 per month ($1,800 per year)
These home prices are updated based on data released by the Quebec Professional Association of Real Estate Brokers (APCIQ).