Downtown Montreal Condos in Q3 2026: 92 Days in Ville-Marie, 69 Days in Griffintown
In downtown Montreal, a condo takes 92 days to sell in Ville-Marie (+8) and 69 days in Griffintown (+17), according to Centris. Median prices, supply and area landmarks.
In downtown Montreal, a condo takes 92 days to sell in Ville-Marie and 69 days in Griffintown, +8 days and +17 days year over year. Here is what the Q3 2026 Centris data show for these two areas, and what it changes for selling or buying a condo.
In brief
- Ville-Marie: 289 condo sales (-16% year over year), a median price of $442,500 (unchanged) and 92 days to sell (+8 days); supply is flat at 2,203 active condos.
- Griffintown: 206 condo sales (-9%), a median price of $512,500 (+4%) and 69 days to sell (+17 days); supply rises 7% (733 condos).
- Griffintown plexes go against the trend: 47 sales (+20%) and 49 days to sell (-19 days).
- The "Griffintown" statistics actually cover the whole Sud-Ouest borough (see the limits).
- 92 days
- average time to sell a condo in Ville-Marie (+8 days)
- 69 days
- average time to sell a condo in Griffintown (+17 days)
- $442,500
- median condo price in Ville-Marie (unchanged)
- $512,500
- median condo price in Griffintown (+4%)
- 2,203
- active condo listings in Ville-Marie (flat)
- 733
- active condo listings in Griffintown (+7%)
Ville-Marie: the longest time to sell among our areas
At 92 days on average (+8 days year over year; 90 days over twelve months), Ville-Marie condos are the slowest to sell of all our areas. Sales are down 16% (289 sales), the median price is flat at $442,500 ($458,662 over four quarters), and supply does not move: 2,203 active condos (0%). Ville-Marie has more condo sales than any other Montreal area we follow, but it is also where a seller must count the most on patience.
Griffintown: a more active market, but slowing
In Griffintown, 206 condos sold (-9%), at a median price of $512,500 (+4% year over year; $500,537 over four quarters). The average time to sell, 69 days, lengthens by 17 days year over year (62 days over twelve months) and active supply rises 7% (733 condos).
Griffintown plexes stand out: 47 sales (+20%), a median price of $860,000 (-4%; $871,500 over four quarters) and 49 days to sell (-19 days), versus 50 days over twelve months. Active supply is up 15% (124 plexes).
A few landmarks about the area
- The Ville-Marie borough has 104,944 residents (2021 census), up from 89,170 in 2016. It includes downtown, Old Montreal, the Quartier des spectacles and the Village.
- Berri-UQAM station, where the Green, Orange and Yellow lines meet, Central Station (intercity trains, commuter trains and the REM) and Lucien-L'Allier station serve downtown.
- Downtown is home to UQAM, Concordia University and McGill University.
- Griffintown, a former working-class neighbourhood, is bounded by Notre-Dame Street, the Lachine Canal, Georges-Vanier Boulevard and Robert-Bourassa Boulevard. The Lachine Canal opened in 1825.
- Rezoned for industry in 1963, Griffintown went from nearly 30,000 residents in the early 20th century to 546 in 1974; real estate projects began there in 2003.
If you are selling a condo downtown
- Plan for a long timeline: 92 days on average in Ville-Marie, 69 days in Griffintown.
- Look at the direct competition in your building: the number of similar active condos matters more than the area average.
- Prepare the condo documents (declaration, meeting minutes, financial statements, maintenance log and contingency fund study, where they exist) before going to market.
- Set the price using recent completed sales from your building or comparable buildings.
For a reading of your condo, our team prepares a valuation based on real comparable sales. You can start it online or call us at 514-700-1221.
If you are buying a condo downtown
- Choice is wide and times to sell are long: you have time to compare several buildings.
- Compare buildings before prices: condo fees, contingency fund, meeting minutes and financial statements.
- Support your offer with recent comparable sales rather than a fixed percentage discount.
- Get a mortgage pre-approval to know your real budget.
Frequently asked questions
How long does it take to sell a condo in downtown Montreal?
In Q3 2026, the average time to sell a condo is 92 days in Ville-Marie (+8 days year over year) and 69 days in Griffintown (+17 days), according to Centris. These are averages, not promises for your condo.
What is the median price of a condo in Ville-Marie?
In Q3 2026, the median price of a condo sold in Ville-Marie is $442,500, unchanged year over year; over the last four quarters it is $458,662 (Centris). This is a market benchmark, not the value of a specific property.
What is the median price of a condo in Griffintown?
In Q3 2026, the median price of a condo is $512,500 (+4% year over year); over the last four quarters it is $500,537. The Centris "Griffintown" statistics cover the whole Sud-Ouest borough.
Which borough is Griffintown in?
Griffintown is in the Sud-Ouest borough, and partly in Ville-Marie (Old Montreal), according to Wikipedia.
Sources, method and limits
Sources: Centris public statistics for Ville-Marie and for the "Griffintown" division, extracted on October 2, 2026; public landmarks: Wikipedia (Ville-Marie borough and Griffintown neighbourhood, consulted on October 26, 2026), Statistics Canada 2021 census for population. Compilation and interpretation: Équipe Lefrançois.
Limits: Centris cannot isolate Griffintown alone: the "Griffintown" figures cover the whole Sud-Ouest borough (Griffintown, Saint-Henri, Pointe-Saint-Charles, Petite-Bourgogne, Ville-Émard and Côte-Saint-Paul). "Average time to sell" is an average number of days on the market, not a median. When Centris does not have enough sales to publish a quarterly figure, we present the four-quarter total. These figures are neither a forecast nor financial advice.
Need help interpreting the market for your project?
Our team can help you understand what this data actually means for your project.
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