10,680 transactions concluded in May across the province
A total of 10,680 transactions were concluded in May across Quebec. At the same time, active listing dropped by 37 per cent.
According to data compiled by the Quebec Professional Association of Real Estate Brokers (QPAREB), 10,680 residential sales transactions were recorded in the province of Quebec in May 2021. Active listings fell by 37 per cent compared to May of last year.
As for median prices, condominiums registered the largest increase, jumping by 39 per cent year-over-year. The median price of single-family homes followed closely with a 38 per cent increase, while that of plexes rose by 32 per cent compared to May of last year.
Here are the May 2021 median prices for a single-family home in the province’s six CMAs along with the variation from May of last year.
- Montreal: $496,000 (+34%)
- Gatineau: $402,650 (+34%)
- Quebec City: $310,250 (+16%)
- Sherbrooke: $281,000 (+24%)
- Saguenay: $220,000 (+22%)
- Trois-Rivières: $210,000 (+21%)
Click here to view detailed statistics.
* Important note: several statistics for May 2020 are not representative due to the exceptional pause in sales and new listings of properties that took place during this time. However, May 2020 remains a valid reference in determining variations in median prices and active listings. Variations in sales were therefore calculated in relation to May of 2019.