Montreal Real Estate in 2026 : What The First Half Tell Us

There isn't one answer. Looking at single-family homes alone, the differences between neighbourhoods are significant.

Hampstead recorded strong appreciation, while Côte-Saint-Luc remained much steadier. Montreal West moved sharply in the opposite direction.

Same city. Same six-month period. Very different markets.

That’s why headlines saying “Montreal home prices are rising” or “Montreal home prices are falling” can be misleading. The more useful question is what prices are doing for a specific property type, in a specific neighbourhood.

Westmount tells a more complicated story.

The average single-family sale price increased 2.8% to $2,573,941, while the median price fell 7.1% to $2,092,500.

At the same time, 86 homes sold compared with 82 during the first half of 2025, and average days on market fell significantly from 103 to 78.

So, did Westmount prices rise or fall?

Technically, both depending on which metric you use.

That’s particularly important in luxury markets like Westmount, where a handful of very high-value transactions can move the average considerably. With sales in the report ranging from $915,000 to $9.95 million, looking at the average price alone does not tell the whole story.

Not every healthy market needs double-digit price growth.

In Notre-Dame-de-Grâce, the median single-family price was essentially stable, increasing just 0.39% to $1,282,500. The average price declined 3.17%, but sales increased slightly from 85 to 87 and homes sold faster 46 days on average versus 54 last year.

Côte-Saint-Luc followed a similarly measured pattern.

Côte-Saint-Luc’s transaction volume fell from 64 to 41 homes, even while prices remained resilient.

That distinction matters: price direction and transaction activity are not the same thing.

Montreal's condo market tells a different story from single-family homes.

In Le Sud-Ouest, the median condo price increased 3.66%, but transactions declined from 637 to 491.

Ville-Marie moved in the opposite direction, with the median falling 4.14% and sales decreasing from 907 to 820.

Westmount condos were more unusual: the median increased 6.6%, while the average price fell almost 20%. Only 26 condos sold, compared with 41 during the same period last year.

With relatively few transactions, the mix of properties sold can have an outsized impact on average and median prices. That's why condo and single-family markets even within the same neighbourhood shouldn't automatically be read the same way.

It can be but the answer depends on your property.

A seller in Hampstead, a condo owner in Westmount and someone selling a single-family home in Pointe-Claire are operating in fundamentally different markets.

If you're thinking about selling, three questions matter more than whether the overall Montreal market is “up” or “down”:

In faster-moving segments, sellers may have greater leverage. In slower markets, pricing, presentation and positioning become even more important.

The right question is not: “What is the Montreal market doing?”

It is: “What are buyers doing right now for properties like mine, in my neighbourhood and price range?”

If the first half of 2026 tells us anything, it is this:

A few of the clearest examples:

For buyers and sellers, that makes local knowledge more valuable than ever.