Photo: Ken Lund, CC BY-SA 2.0, via Wikimedia Commons
Your real estate brokerin Ville-Marie
Ville-Marie is Montreal's central borough, home to downtown, Old Montreal, and several densely residential districts the team follows closely.
Ville-Marie market insights
A residential market overwhelmingly made up of condominiums, where sales are falling sharply while supply holds steady and the median condominium price is unchanged.
Q3 2026 market snapshot
These figures should be interpreted in light of the property's type, condition, street and particular features — a sector-wide statistic never replaces an individual valuation.
Our reading of the market
In the third quarter of 2026, 311 residential properties sold in Ville-Marie, a 19% decline from the same quarter last year — a more moderate slowdown over the trailing four quarters (-8%). Sales volume fell 27% to $190.8M, while active listings held steady for the quarter (2,368, 0%) and grew 5% on the trailing total. The market is overwhelmingly made up of condominiums (289 sales, -16%, versus only 10 single-family homes): their median price ($442,500) is stable year over year, with an average time on market of 92 days (+8 days). On the plex side, this quarter's sales sample (12) is too small for a reliable statistic, but the trailing-four-quarter median price ($979,375) is up 6%.
- 311-19% vs Q3 2025Sales completedQ3 2026
- 1,180-4% vs Q3 2025New listingsQ3 2026
- 2,368Stable compared with Q3 2025Active listingsQ3 2026
- $190.8M-27% vs Q3 2025Sales volumeQ3 2026
- 1,598-8% vs the 4 quarters ending Q3 2025Sales completedTrailing 4 quarters
- 5,247Stable compared with Q3 2025New listingsTrailing 4 quarters
- 2,326+5% vs the 4 quarters ending Q3 2025Active listingsTrailing 4 quarters
- $990.8M-13% vs the 4 quarters ending Q3 2025Sales volumeTrailing 4 quarters
Number of transactions completed during the period — the sample size behind the other indicators.
Number of new active listings during the period.
Number of properties actively listed for sale at the end of the period — available supply, distinct from new listings.
Total value of all transactions completed during the period.
Compiled by Équipe Lefrançois from Centris data, extracted on October 2, 2026. Single-family homes, condominiums and plexes (2 to 5 units) — Ville-Marie. Period analyzed: Q3 2026.
- 10Sales completedQ3 2026
- 70+29% vs Q3 2025Active listingsQ3 2026
- n/aMedian sale priceQ3 2026
- n/aAverage days on marketQ3 2026
- 49-12% vs the 4 quarters ending Q3 2025Sales completedTrailing 4 quarters
- 67+15% vs the 4 quarters ending Q3 2025Active listingsTrailing 4 quarters
- $1,265,562+1% vs the 4 quarters ending Q3 2025Median sale priceTrailing 4 quarters
- 79 days-3 days vs the 4 quarters ending Q3 2025Average days on marketTrailing 4 quarters
n/a = too few transactions to produce a reliable statistic.
Number of transactions completed during the period — the sample size behind the other indicators.
Number of properties actively listed for sale at the end of the period — available supply, distinct from new listings.
The price at which half of sold properties sold for more, and half for less — a measure less sensitive to extreme values than an average, never to be confused with a municipal property assessment.
Average number of days between listing and a completed sale.
Compiled by Équipe Lefrançois from Centris data, extracted on October 2, 2026. Single-family homes — Ville-Marie. Period analyzed: Q3 2026.
- 289-16% vs Q3 2025Sales completedQ3 2026
- 2,203Stable compared with Q3 2025Active listingsQ3 2026
- $442,500Stable compared with Q3 2025Median sale priceQ3 2026
- 92 days+8 days vs Q3 2025Average days on marketQ3 2026
- 1,468-8% vs the 4 quarters ending Q3 2025Sales completedTrailing 4 quarters
- 2,171+5% vs the 4 quarters ending Q3 2025Active listingsTrailing 4 quarters
- $458,662-2% vs the 4 quarters ending Q3 2025Median sale priceTrailing 4 quarters
- 90 days+2 days vs the 4 quarters ending Q3 2025Average days on marketTrailing 4 quarters
Number of transactions completed during the period — the sample size behind the other indicators.
Number of properties actively listed for sale at the end of the period — available supply, distinct from new listings.
The price at which half of sold properties sold for more, and half for less — a measure less sensitive to extreme values than an average, never to be confused with a municipal property assessment.
Average number of days between listing and a completed sale.
Compiled by Équipe Lefrançois from Centris data, extracted on October 2, 2026. Condominiums — Ville-Marie. Period analyzed: Q3 2026.
- 12Sales completedQ3 2026
- 95+15% vs Q3 2025Active listingsQ3 2026
- n/aMedian sale priceQ3 2026
- n/aAverage days on marketQ3 2026
- 81-14% vs the 4 quarters ending Q3 2025Sales completedTrailing 4 quarters
- 86+16% vs the 4 quarters ending Q3 2025Active listingsTrailing 4 quarters
- $979,375+6% vs the 4 quarters ending Q3 2025Median sale priceTrailing 4 quarters
- 77 days+11 days vs the 4 quarters ending Q3 2025Average days on marketTrailing 4 quarters
n/a = too few transactions to produce a reliable statistic.
Number of transactions completed during the period — the sample size behind the other indicators.
Number of properties actively listed for sale at the end of the period — available supply, distinct from new listings.
The price at which half of sold properties sold for more, and half for less — a measure less sensitive to extreme values than an average, never to be confused with a municipal property assessment.
Average number of days between listing and a completed sale.
Compiled by Équipe Lefrançois from Centris data, extracted on October 2, 2026. Plexes (2 to 5 units) — Ville-Marie. Period analyzed: Q3 2026.
Looking to sell in Ville-Marie?
The sharp decline in sales and the 92-day average time on market for condominiums are a reminder of how important a realistic starting price is, in a context where supply remains high (2,368 active listings).
Get my Ville-Marie property valuedLooking to buy in Ville-Marie?
With 2,368 active listings (stable year over year) and a 92-day average time on market for condominiums, buyers have wide choice and time to compare, with no guarantee of a price decline: the median condominium price is stable year over year ($442,500).
View properties in Ville-MarieUnderstanding Ville-Marie
Montreal's central borough
Ville-Marie brings together downtown, Old Montreal, and several distinct districts, including the Quartier des spectacles, the Village, and the Golden Square Mile.
A high concentration of condos
The area stands out for its concentrated condo supply, from recent residential towers to heritage buildings in Old Montreal.
Direct access to the transit network
The borough is served by several metro stations and sits at the heart of Montreal's public transit network.
Neighbourhood essentials
Nearby places
Results provided by Google, not verified by our team.
Places verified by our team
No key place has been confirmed for this area yet.
Sell a property in Ville-Marie
Selling in Ville-Marie starts with a market and comparables analysis for the area, followed by a pricing strategy and preparation suited to the condo type — recent tower or heritage building —, then marketing and structured support through to closing.
Get my Ville-Marie property valued
Buy in Ville-Marie
Buying in Ville-Marie starts with clarifying your criteria, financing, and the type of condo you're looking for, then comparing what's available across the borough's different districts before preparing a suitable offer, with support through to closing.
Speak with a buyer's broker
Property types and reading the area
Every property in Ville-Marie is analyzed by condo type, condition, precise district (Old Montreal, Quartier des spectacles, Golden Square Mile, among others), and the truly relevant comparables. This close reading of the area, rather than a generic figure, guides pricing and strategy.
- Condo
- Old Montreal heritage
- Relevant comparables
Our method in Ville-Marie
- Analysis — Understanding the data, comparables and positioning specific to Ville-Marie.
- Strategy — Pricing, preparation and marketing suited to your property.
- Support — Structured follow-up through to signing.
The team behind Ville-Marie
Marc Lefrançois, CFA
Team Leader Chartered Real Estate Broker, Agency Executive Officer
Chantal Baillargeon
Real Estate Broker
Loris Jean Touffet
Residential Real Estate Broker
François Deslandres
Real Estate Broker
Ming Xi Cui
Residential Real Estate Broker
Jean-Jacques Juliard
Residential Real Estate Broker
Frequently asked questions
Market value depends on comparable sales, location, condition, property features and current market conditions. An online estimate is a starting point; a complete analysis may require a consultation and property visit.
Timing depends on the market as well as your next move, timeline, financing and property condition. A consultation helps compare scenarios instead of relying on seasonality alone.
The process includes market analysis, pricing, preparation recommendations suited to the area's architectural style, marketing assets and launch planning. Exact details are confirmed together in the listing agreement.
Quebec rules strictly govern representation and generally prohibit a residential broker from representing both a buyer and a seller who are each bound by brokerage contracts in the same transaction. A specific situation should be explained in accordance with OACIQ rules.
The team serves Greater Montreal, with an initial strategic and editorial focus on Town of Mount Royal, Outremont, Westmount and central Montreal neighbourhoods.
Ready to know your property's value?
A documented read on your property, its neighbourhood and today's market — no obligation.