{"id":68329,"date":"2025-01-15T20:41:16","date_gmt":"2025-01-15T20:41:16","guid":{"rendered":"https:\/\/yanicksarrazin.com\/?p=68329"},"modified":"2025-01-15T20:51:52","modified_gmt":"2025-01-15T20:51:52","slug":"real-estate-statistics-december-2024-montreal-real-estate-market-on-the-rise","status":"publish","type":"post","link":"https:\/\/yanicksarrazin.com\/en\/immobilier\/buyer-information\/real-estate-news-buyer-information\/real-estate-statistics-december-2024-montreal-real-estate-market-on-the-rise\/","title":{"rendered":"Real estate statistics December 2024: Montreal real estate market on the rise"},"content":{"rendered":"\t\t
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Our Montreal<\/a> real estate brokers<\/a> have analyzed the latest APCIQ<\/a> real estate statistics, covering the month of December 2024. The purpose of this study is to assess trends in the Montreal real estate market over the past year, by comparing data obtained in December 2024 with that obtained in December 2023. For a more detailed analysis, our real estate brokers have structured their observations into three<\/strong> main categories: single-family homes<\/strong>, divided<\/strong> and undivided co-ownerships<\/strong>, and plexes (2 to 5 units)<\/strong>.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Overview of the Montreal real estate market<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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*Based on APCIQ real estate market statistics<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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Single-family homes <\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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Sales of single-family homes<\/a> rose by 51%<\/strong>, from 193<\/strong> to 291 transactions<\/strong>. Prices also rose slightly, by 6%<\/strong>, from $689,900<\/strong> to $760,000<\/strong>. The average selling time decreased from 66<\/strong> to 60 days<\/strong>, a reduction of 6 days<\/strong>.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Divided and undivided co-ownerships<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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Sales of divided and undivided co-ownerships<\/a> rose dramatically by 52%<\/strong>, from 444<\/strong> to 675 transactions<\/strong>. The median price also rose, from $445,000<\/strong> to $465,000<\/strong>, an increase of 4%<\/strong>. Finally, the average sale time rose from 74<\/strong> to 75 days<\/strong>.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Plexes (2 to 5 units)<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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The plex market also experienced significant growth of 51%<\/strong>, from 156<\/strong> to 235<\/strong>. The median price rose from $767,000<\/strong> to $840,000<\/strong>, an increase of 10%<\/strong>. Finally, the average sale time increased by one day, from 77<\/strong> to 78 days<\/strong>.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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These statistics testify to the dynamism and growth of the Montreal<\/a> real estate market. If you’re ready to launch your real estate project, don’t hesitate to contact us today to benefit from the expertise of our real estate specialists<\/a>.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"

Our Montreal real estate brokers have analyzed the latest APCIQ real estate statistics, covering the month of December 2024. The purpose of this study is to assess trends in the Montreal real estate market over the past year, by comparing data obtained in December 2024 with that obtained in December 2023. For a more detailed […]<\/p>\n","protected":false},"author":16,"featured_media":68134,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[606,604,641,605],"tags":[549,18,544,542,1383,1384],"class_list":["post-68329","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-buyer-information","category-real-estate-information","category-real-estate-news-buyer-information","category-seller-information","tag-montreal-en","tag-real-estate","tag-real-estate-broker-montreal","tag-real-estate-montreal","tag-real-estate-statistics","tag-statistic"],"acf":[],"yoast_head":"\nReal estate statistics December 2024: Montreal real estate market on the rise - Courtier Immobilier Montr\u00e9al Yanick E Sarrazin<\/title>\n<meta name=\"description\" content=\"Our real estate brokers share real estate statistics for December 2024, comparing them with those for November 2024.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/yanicksarrazin.com\/en\/immobilier\/buyer-information\/real-estate-news-buyer-information\/real-estate-statistics-december-2024-montreal-real-estate-market-on-the-rise\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Real estate statistics December 2024: Montreal real estate market on the rise - 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