Home › Market › September 2026
Analysis · September 2026
The September 2026 market: supply peaks, prices hold firm
A third straight month of rising supply in all four regions — from 15% in Montréal and Estrie to 28% in Montérégie. Sales are down everywhere, moderately, and dollar volume follows, except in the Laurentides. Single-family median prices are flat; condominiums and plexes adjust differently from one region to the next.
Vincent ChaputReal Estate Broker and Senior Vice-President, Sales
Published October 2, 2026 · Updated October 2, 2026
The market at a glance
The movement that began in July widens in September. Active listings are up 15% in Estrie, 20% in the Laurentides, 28% in Montérégie and 15% in Montréal compared with September 2025. Sales, meanwhile, are down in all four regions: from 1% in Estrie to 14% in Montréal.
Single-family median prices barely move — between −1% and +1% everywhere. The adjustment shows elsewhere: in transaction counts, in condominium selling times, and in plex medians, which diverge sharply by region. For a seller, September confirms that a listing is no longer alone on its market. For a buyer, this is the month with the most properties to compare in years.
| Region | Total sales | Active listings | Single-family | Condominium | Plex |
|---|---|---|---|---|---|
| Estrie | 489 (−1%) | 2,720 (+15%) | $485,000 (+1%) | $351,500 (−2%) | $488,000 (−6%) |
| Laurentides | 764 (−7%) | 5,620 (+20%) | $555,500 (0%) | $385,000 (+1%) | $576,000 (−11%) |
| Montérégie | 1,335 (−6%) | 7,662 (+28%) | $585,000 (0%) | $395,500 (0%) | $684,500 (+9%) |
| Montréal | 1,104 (−14%) | 11,196 (+15%) | $779,000 (−4%) | $476,500 (−1%) | $930,000 (+5%) |
Percentages show the change from September 2025. Prices are median prices.
Estrie: single-family keeps climbing, condominiums drop off
Estrie records 489 residential sales in September, down 1%, and $270M in sales volume, down 2%. After two months of growth, this is a first plateau — but the detail is more nuanced than the total.
Single-family keeps advancing: 399 sales (+8%), a median price of $485,000 (+1%), and a stable average selling time of 51 days. In the $720,000-and-up bracket, 77 homes sold, up 7%, with an average of 72 days on the market. The Sherbrooke and Coaticook areas post market-heat ratios of 76% — still a seller's market.
Condominiums, however, drop off: 37 sales (−35%), a median of $351,500 (−2%), and an average selling time of 86 days, twenty-four more than a year ago. Plexes follow the same direction with 50 sales (−21%) and a median of $488,000 (−6%).
In Estrie, the house market is doing well and the condominium market is finding its footing. For a single-family seller, conditions remain favourable, particularly in Sherbrooke and Memphrémagog. For a condominium seller, the asking price must account for a selling time that has nearly doubled.
Laurentides: the only region with rising volume, but condominiums retreat
The Laurentides count 764 sales in September, down 7%, while active listings climb 20%. Sales volume reaches $454M, up 6% — the only increase among the four regions. Fewer transactions, but larger ones.
Single-family holds steady: 580 sales (−1%), a median of $555,500 (0%), an average of 51 days on the market. The $830,000-and-up bracket counts 102 sales (−4%), with an average selling time of 63 days, fifteen fewer than in September 2025. Thérèse-De Blainville posts the region's highest median, at $730,000.
Condominiums pull back sharply: 122 sales (−21%) and an average selling time of 88 days, thirty-eight more than a year ago. Plexes post a median of $576,000 (−11%) on 61 transactions, down 22%.
The Laurentides illustrate today's split market. A quality home with land, water or mountain access sells at a good price and faster than before in the upper bracket. Condominiums, especially in resort areas, now call for three months of patience and a realistic price from day one.
Montérégie: 28% more supply, and prices that hold
Montérégie posts 1,335 residential sales in September, down 6%, and 7,662 active listings, up 28% — for a third consecutive month, the strongest supply growth of the four regions. Sales volume slips 4%, to $800M.
Median prices are flat: $585,000 for single-family (0%), $395,500 for condominiums (0%), and $684,500 for plexes, up 9% on 114 sales (+10%), the only growing segment. Single-family counts 911 sales (−5%) and an average of 42 days on the market, still the shortest of the four regions. In the $870,000-and-up bracket, 120 sales closed (−8%) in 60 days on average, seven fewer than a year ago.
Condominiums adjust through selling times: 306 sales (−11%), 2,138 active listings (+42%) and an average of 57 days, twelve more than in September 2025. Longueuil, La Vallée-du-Richelieu and Les Maskoutains post single-family market-heat ratios of 68%; Acton reaches 81%.
With more than a quarter more listings, Montérégie is the market where buyers compare the most. Yet well-positioned homes still sell in six weeks. The difference between a 42-day sale and a listing that drags through autumn is decided before going to market: price, preparation, presentation.
Montréal: the sharpest drop in sales
Montréal records 1,104 sales in September, down 14%, the steepest decline of the four regions. Active listings reach 11,196, up 15%, and sales volume falls 14%, to $851M. Median prices diverge: $779,000 for single-family (−4%), $476,500 for condominiums (−1%), $930,000 for plexes (+5%).
Single-family takes the hit: 310 sales (−20%), an average of 55 days on the market. In the $1,170,000-and-up bracket, 75 sales closed (−17%), but in 57 days on average, twenty-five fewer than in September 2025. Luxury properties that find a buyer do so faster; the others are withdrawn or repriced.
Condominiums count 586 sales (−9%) and 7,043 listings (+13%); their average selling time reaches 73 days, nineteen more than a year ago. In the $710,000-and-up bracket, however, sales rise 6%, with 130 transactions. Plexes, with 208 sales (−18%), see their median climb to $930,000.
In Montréal, abundant condominium supply sets the overall pace, but the upper condo segment and distinctive houses behave differently. In the luxury market, shorter selling times are the signal of the month: buyers are there, they decide quickly, and they do not come back to a property they set aside over price.
What September 2026 means for sellers
- A third consecutive month of sharply rising supply: your property is compared against more listings than at any time in years.
- A well-positioned single-family home still sells in 42 to 55 days depending on the region; condominiums now take 57 to 88 days.
- In the upper bracket, selling times are shortening in three regions out of four: buyers decide quickly when the price is right.
- Stable regional medians do not describe your area: market-heat ratios range from 48% to 81% from one RCM to the next.
What September 2026 means for buyers
- Choice has not been this wide in three years, especially in Montérégie and the Laurentides.
- Condominiums offer the most room to negotiate: selling times are up sharply in all four regions.
- The most sought-after areas — Sherbrooke, Acton, Thérèse-De Blainville — still favour the seller.
- A calmer market is no excuse to skip due diligence: building condition, condominium finances, zoning and municipal context.
A luxury market that is speeding up
In the highest single-family bracket defined by each report, sales rise in Estrie (+7%) and fall in the Laurentides (−4%), Montérégie (−8%) and Montréal (−17%). Thresholds differ from one region to the next, so these variations are not directly comparable.
The common signal lies elsewhere: upper-bracket selling times are shrinking in three regions — by 25 days in Montréal, 15 in the Laurentides, 7 in Montérégie. In a market where overall supply is growing, correctly positioned exceptional properties are selling faster than a year ago. It is proof that a property's real scarcity — its land, its location, its quality — matters more than its region's median.
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 September 2026 indicators produced by the Quebec Professional Association of Real Estate Brokers from the Centris system. Changes are calculated against September 2025 unless otherwise stated.
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 are rounded in line with the source reports.
Data source: QPAREB, Centris system. Analysis and interpretation: Vincent Chaput Team.