Analysis · August 2026
The August 2026 market: supply settles in, prices hold
August confirms what July signalled. Active listings are up in all four regions — as much as 25% in Montérégie — while sales slow in Montréal and Montérégie. The Laurentides lean on a stable single-family market, and Estrie keeps climbing. Median prices, meanwhile, remain steady or rising in most segments.
Vincent ChaputReal Estate Broker and Senior Vice-President, Sales
Published September 7, 2026 · Updated September 7, 2026
The market at a glance
July's common signal repeats in August: choice keeps widening. Active listings are up 14% in Estrie, 17% in the Laurentides, 25% in Montérégie and 15% in Montréal compared with August 2025.
For a second consecutive month, that extra supply is not pulling median prices down across the board. The adjustment still runs through transaction counts — down 11% in Montréal and 14% in Montérégie — and through longer selling times in some segments, condominiums first. For a seller, initial positioning remains the most important decision. For a buyer, time and options keep accumulating, except in the most sought-after areas.
| Region | Total sales | Active listings | Single-family | Condominium | Plex |
|---|---|---|---|---|---|
| Estrie | 462 (+14%) | 2,609 (+14%) | $485,363 (+9%) | $339,950 (+6%) | $505,000 (+5%) |
| Laurentides | 729 (−6%) | 5,193 (+17%) | $575,000 (+9%) | $409,500 (+6%) | $761,000 (+27%) |
| Montérégie | 1,196 (−14%) | 7,136 (+25%) | $593,000 (+3%) | $390,000 (+1%) | $695,500 (−2%) |
| Montréal | 1,047 (−11%) | 10,555 (+15%) | $820,000 (+2%) | $475,000 (0%) | $870,000 (−1%) |
Percentages show the change from August 2025. Prices are median prices.
Estrie: the climb continues
For a second consecutive month, Estrie stands apart. The region recorded 462 residential sales in August, up 14% year over year, and $280M in sales volume, up 25%. New listings rose 18% — a sign that sellers are choosing this still-active market to come forward.
Single-family homes carry the movement with 365 sales (+19%) and a median price of $485,363 (+9%). Average time on market held steady at 56 days. In the report's highest bracket — $720,000 and above — 82 homes sold, a 14% increase.
Condominiums follow the same direction: 54 sales (+20%) and a median price of $339,950 (+6%). Only plexes retreated, with 39 transactions (−11%) on what remains a small volume.
Estrie remains the region where demand best matches supply, including in the upper bracket. An ambitious marketing strategy is still defensible here, provided it rests on municipal comparables and on what genuinely distinguishes the property.
Laurentides: single-family holds, the rest slows
The Laurentides recorded 729 sales in August, a 6% decline, while active listings rose 17%. Sales volume nevertheless reached $460M, up 4%: the transactions that do close are closing at higher values.
Single-family sales are flat year over year, with a median price of $575,000, up 9%. Conversely, condominium sales fell 19% and their average time on market stretched to 76 days, twenty days more than in August 2025. Plexes posted a median price of $761,000 (+27%), a change to interpret with caution given the month's 47 transactions.
In the report's highest single-family bracket — $860,000 and above — 91 sales were recorded, up 7%. Demand for quality homes is not letting up, even in a market with more breathing room.
The Laurentides market continues to play out area by area. Access to water or mountain, the quality of the land and the level of finish separate a property that sells in weeks from a listing that sits through the fall. The rising regional median says nothing about those gaps.
Montérégie: supply jumps 25%
Montérégie posted 1,196 residential sales in August, down 14%, and 7,136 active listings, up 25% — the sharpest increase in supply among the four regions, for a second month running.
Median prices are holding nonetheless: $593,000 for single-family homes (+3%), $390,000 for condominiums (+1%), $695,500 for plexes (−2%). The clearest shift is on the condominium side: sales fell 26% while supply rose 41%. Single-family homes are more resilient, with 821 sales (−9%) and an average of 44 days on market — still short.
In the single-family bracket of $880,000 and above, 116 sales closed, a 16% decline. Worth noting: average time on market in that bracket dropped by 15 days. High-end properties that find a buyer are selling faster — the others wait.
With a quarter more listings than a year ago, Montérégie has become a market of comparison. Asking price and initial presentation decide what follows: a well-positioned property stands out quickly, an overpriced one simply joins the inventory.
Montréal: condominiums set the pace
Montréal recorded 1,047 sales in August, an 11% decrease, while active listings reached 10,555, up 15%. Median prices are essentially unchanged: $820,000 for single-family homes (+2%), $475,000 for condominiums (0%) and $870,000 for plexes (−1%).
Condominiums still concentrate most of the adjustment. Sales fell 12%, supply rose 16% and average time on market climbed to 72 days, seventeen more than in August 2025. Buyers are comparing fees, management and upcoming work — and they now have the time to do it.
Single-family homes remain scarce on the island: 306 sales (−13%) and an average of 57 days on market. In the bracket of $1,230,000 and above, 89 sales closed, up 6%, but with an average of 100 days on market, twenty-eight more than a year earlier. Montréal's high end is selling, but it is negotiating longer.
Two markets coexist in Montréal: an abundant condominium segment where the buyer leads the comparison, and a scarce single-family segment where distinctive properties keep their leverage. In the high end, lengthening delays are a reminder that a fair price from day one beats a correction after three months.
What August 2026 means for sellers
- A second consecutive month of sharply rising supply: buyers compare, and the comparison is immediate.
- Selling times are stretching mostly in condominiums; accurate positioning from day one avoids a stale listing.
- In the high end, the properties that sell sometimes sell faster than before — preparation and reach do the sorting.
- A steady or rising regional median guarantees nothing for a given property: comparables in the same area remain the reference.
What August 2026 means for buyers
- Choice keeps widening in all four regions, particularly in Montérégie.
- Condominiums offer the most latitude: longer selling times in Montréal, the Laurentides and Montérégie.
- Estrie and the sought-after areas of the Laurentides can still generate competition on the right properties.
- More time does not excuse less rigour: the building, the co-ownership, the land and the municipal context are checked before buying.
A two-speed luxury market
In the highest single-family bracket defined by each report, sales rose in Estrie (+14%), the Laurentides (+7%) and Montréal (+6%), but declined in Montérégie (−16%). The thresholds differ from one region to the next, so these variations are not directly comparable.
The contrast in selling times is more telling: an average of 100 days in Montréal's upper bracket, against 56 in Montérégie, where that delay shrank by fifteen days. The luxury market obeys no average: each exceptional property meets its own pool of buyers, at its own pace. Every strategy must start from the property itself — then from its area.
Our properties in these regions
From waterfront land to an Old Montréal penthouse, every property we represent has its own dedicated website.
Methodology and source
This analysis draws on a selection of August 2026 indicators produced by the Quebec Professional Association of Real Estate Brokers from the Centris system. Changes are calculated against August 2025 unless otherwise indicated.
The median price splits transactions into two equal groups; it does not represent the value of any particular property. Results should be interpreted with caution when transaction counts are low. Figures have been rounded in accordance with the source reports.
Data source: QPAREB, Centris system. Analysis and interpretation: Vincent Chaput Team.