Average House Price in Montreal
The average house price in Montreal is $568,600
Housing Market in Montreal
Montreal’s housing market in March 2025 is a seller’s market. Montreal saw a 138% year-over-year surge in housing starts, led by multi-unit projects. Luxury sales over $500,000 jumped 78.6% year-to-date, fueled by population growth of 132,000 in the Montreal CMA. Rental prices fell 9% for shared accommodations to $862, but demand for larger units remains strong.
In March 2025, the average house price in Montreal increased by 6.9% year-over-year.
| Average House Price in Montreal | |||
| 2023 | 2024 | 2025 | |
| January | $499,200* | $516,100* | $549,900 |
| February | $502,000* | $522,700* | $562,300 |
| March | $507,000* | $531,700* | $568,600 |
| April | $513,200* | $530,300 | |
| May | $514,600* | $534,300 | |
| June | $513,400 | $537,700 | |
| July | $516,800* | $533,100 | |
| August | $518,400* | $535,700 | |
| September | $515,400* | $543,400 | |
| October | $513,300* | $544,300 | |
| November | $511,300* | $543,800 | |
| December | $506,800* | $542,900 | |
| Source: CREA 2020 | |||
| *Updated | |||
House prices in Montreal 2020-2022
| Average House Price in Montreal | |||
| 2020 | 2021 | 2022 | |
| January | $372,000* | $434,600* | $527,000* |
| February | $380,500* | $453,700* | $536,600* |
| March | $387,200* | $475,000* | $546,600* |
| April | $385,500* | $488,300* | $552,400* |
| May | $386,200* | $482,900* | $549,700* |
| June | $391,600* | $485,200* | $541,100* |
| July | $402,000* | $482,200* | $527,900* |
| August | $409,200* | $482,600* | $518,300* |
| September | $413,600* | $483,800* | $506,200* |
| October | $418,000 | $491,000* | $499,600* |
| November | $424,000* | $496,900* | $495,900* |
| December | $426,900* | $501,100* | $492,500* |
| Source: CREA | |||
| *Updated | |||
House prices in Montreal 2017-2019
| Average House Price in Montreal | |||
| 2017 | 2018 | 2019 | |
| January | $314,300* | $328,600* | $349,600* |
| February | $315,200* | $332,600* | $353,400 |
| March | $318,500* | $336,300* | $357,800* |
| April | $321,000* | $339,300* | $397,730* |
| May | $322,400* | $341,900* | $347,200* |
| June | $323,900* | $342,600* | $350,500* |
| July | $326,200* | $342,800* | $351,700* |
| August | $326,400 | $343,600* | $350,700* |
| September | $327,600 | $346,100* | $357,600* |
| October | $329,300 | $348,000* | $361,300* |
| November | $327,800* | $348,400* | $360,300* |
| December | $330,900 | $349,200* | $360,900 |
| Source: CREA | |||
| *Updated | |||
Home prices depend on the size, location, amenities, the age and condition of the apartment, townhouse or house.
Decide if homeownership is right for you.
Here are some recommendations from the Canada Mortgage and Housing Corporation to buying your first home:
- Check if you are financially ready to own a home
- Analyze your situation and mortgage possibilities
- Find the right home
- Make and offer and close the deal
