Analysis · July 2026
The July 2026 market: four regions, four rhythms
In Montréal, Montérégie and the Laurentides, the supply of properties is rising while sales slow. Estrie stands apart with activity climbing sharply. Despite this return of choice for buyers, median prices are holding in most segments.
Vincent ChaputReal Estate Broker and Senior Vice-President, Sales
Published August 5, 2026 · Updated August 5, 2026
The market at a glance
The four regions are not on the same trajectory, but one signal is common to all: the number of properties on offer is rising. Active listings are up 15% in Estrie, 17% in the Laurentides, 21% in Montérégie and 15% in Montréal compared with July 2025.
This increase in supply has not yet translated into a general decline in median prices. Instead, the market is absorbing the change through slower transaction volumes and, in some segments, longer selling times. For a seller, precise positioning therefore matters more. For a buyer, the context offers more options and more time to compare, without eliminating competition in the most sought-after areas.
| Region | Total sales | Active listings | Single-family | Condominium | Plex |
|---|---|---|---|---|---|
| Estrie | 526 (+16%) | 2,579 (+15%) | $499,000 (+15%) | $330,000 (+5%) | $487,550 (−1%) |
| Laurentides | 836 (−2%) | 5,064 (+17%) | $584,000 (+6%) | $365,000 (−5%) | $675,000 (+12%) |
| Montérégie | 1,327 (−10%) | 6,930 (+21%) | $590,000 (+3%) | $400,000 (+4%) | $666,000 (+15%) |
| Montréal | 1,198 (−16%) | 10,493 (+15%) | $817,500 (+7%) | $480,000 (+2%) | $910,000 (+9%) |
Percentages show the change from July 2025. Prices are median prices.
Estrie: activity accelerates
Estrie clearly stands out. The region recorded 526 residential sales in July, up 16% year over year, and $301M in sales volume, up 30%. Supply is rising too, but demand remains present enough to sustain activity.
Single-family homes lead the movement with 411 sales (+16%) and a median price of $499,000 (+15%). Average time on market is 41 days, two days less than in July 2025. In the report's highest bracket — $740,000 and above — 94 homes sold, a 49% increase.
Conditions vary within the region, however. Single-family overheating ratios reach 80% in Coaticook and 77% in Sherbrooke. In those areas, well-positioned properties can still draw sustained competition.
Estrie combines sales growth with rising prices, including in the upper bracket. A selling strategy can be ambitious here, but it must stay anchored in the municipality, the condition of the property and what makes it distinctive.
Laurentides: a market divided by property type
The Laurentides recorded 836 sales in July, a modest 2% decline, while active listings rose 17%. That regional average masks a significant gap between categories.
Single-family sales are up 8%, with a median price of $584,000 (+6%). Conversely, condominium sales fell 29% and plex sales 34%. The condominium median price slipped 5% to $365,000, while the plex median rose 12% to $675,000 despite a low transaction count.
In the report's highest single-family bracket — $870,000 and above — 111 sales were recorded, up 6%. Demand for quality homes therefore remains present, but it does not erase the slowdown seen in the other categories.
There is no single Laurentides market. The area, the access, the quality of the land, proximity to water or mountain, and the level of finish create micro-markets. An exceptional property must be measured against its true competitors, not simply against the regional median.
Montérégie: more choice, but prices still firm
Montérégie posted 1,327 residential sales in July, down 10%, and 6,930 active listings, up 21%. That is the sharpest increase in supply among the four regions analysed.
Median prices nevertheless continue to climb: $590,000 for single-family homes (+3%), $400,000 for condominiums (+4%) and $666,000 for plexes (+15%). On the condominium side, average time on market reached 50 days, 13 days more than a year earlier. Buyers generally have more time, even though asking prices remain sustained.
In the single-family bracket of $880,000 and above, 137 sales closed, a 17% decline. This part of the market calls for more precise marketing, particularly when several comparable properties are offered at the same time.
In Montérégie, the first impression created by price and presentation matters more than before. Unique properties keep an advantage, while more easily comparable homes must be positioned with discipline from the day they reach the market.
Montréal: the slowdown is concentrated in condominiums
Montréal recorded 1,198 sales in July, a 16% decrease, while active listings reached 10,493, up 15%. Median prices nevertheless rose in all three major categories: $817,500 for single-family homes (+7%), $480,000 for condominiums (+2%) and $910,000 for plexes (+9%).
Condominiums best illustrate the change of pace. Sales fell 22%, supply rose 17% and average time on market reached 60 days, seven days more than in July 2025. Buyers have more choice and can look more closely at condo fees, building management, upcoming work and the quality of the unit.
Single-family homes proved more resilient, with 387 sales (−5%), despite their structural scarcity on the island. Very well-located or remarkable properties do not always follow the general trend, but their price must still be defensible against recent sales.
Montréal remains a market where quality and location create considerable gaps. For condominiums, rising supply strengthens buyers' ability to compare. For distinctive homes, presentation and reach worthy of the property remain decisive.
What July 2026 means for sellers
- Rising supply makes comparison more immediate for buyers.
- An overly ambitious price risks extending time on market, especially in segments where sales are declining.
- The regional median does not replace an analysis of comparable properties in the same area and price range.
- Rare, well-prepared and correctly positioned properties continue to stand out.
What July 2026 means for buyers
- Choice is improving in all four regions.
- Slower sales create more time to analyse certain files, particularly condominiums in Montréal and Montérégie.
- Overheated areas and exceptional properties can still generate competition.
- A full review of the building, the co-ownership, the land and the municipal context remains more important than a regional average.
A luxury market that is decidedly local
In the highest single-family bracket defined by each report, sales rose sharply in Estrie, edged up in the Laurentides and declined in both Montérégie and Montréal. Because the thresholds differ from one region to the next, these variations are not a direct price comparison. Above all they remind us that the high-end market is made up of micro-markets.
A waterfront home, an estate, a heritage property, a mountain residence and a penthouse do not answer to the same buyers or the same value drivers. That is why our reading always starts with the property itself, then the area and the demand that matches it.
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 July 2026 indicators produced by the Quebec Professional Association of Real Estate Brokers from the Centris system. Changes are calculated against July 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.