π Montreal Real Estate Market Soars in December!
Home sales in the Montreal area surged by 54.1% in December compared to the same month last year, with 3,193 properties sold. This marks the third consecutive month of year-over-year sales growth above 40%! π
β¨ Highlights:
Median Prices:
Plexes: $794,500 (+13.5%)
Single-family homes: $580,000 (+8.4%)
Condos: $419,550 (+7.2%)
New Listings: Up 10.9% to 2,724.
Active Listings: Slightly down (-0.8%) to 14,706.
Seasonally adjusted sales also rose 2.8% from November to December, marking the eighth straight month of increases. Overall, 2024 cumulative sales were up 20.5%, reaching their highest activity levels since 2021!
π Itβs a competitive market for buyers and a strong one for sellers. Stay tuned for more updates!
