Montreal CMA Market Report - December 2025: Benchmark Price Rises 5.8% Year-Over-Year

Montreal CMA (MLS® HPI) — December 2025

In December 2025, the Montreal Census Metropolitan Area (CMA) reports a composite benchmark price of $573,300, reflecting a 5.8% increase from December 2024. The market remains balanced, indicating stable conditions for both buyers and sellers.

Market Analysis

The Montreal CMA's real estate market in December 2025 demonstrates a steady benchmark price, slightly down from $573,800 in November 2025. The year-over-year price increase of 5.8% suggests sustained demand amid a balanced market, where supply and demand are relatively equal. Although specific sales and inventory data are not available for this month, the consistent benchmark price indicates that buyers are willing to invest at current levels, despite potential economic fluctuations.

The absence of drastic changes in total sales and active listings suggests that the market is stabilizing after previous fluctuations. The balanced market condition implies that neither buyers nor sellers hold a significant advantage, allowing for reasonable negotiations and transactions. This stability can be attributed to a combination of factors, including interest rates, economic conditions, and demographic trends influencing housing demand.

Property Type Analysis

In December 2025, the benchmark prices for different property types are as follows: detached homes at $676,900, attached/townhouses at $604,100, and apartments at $425,900. The higher benchmark for detached homes reflects their continued desirability, particularly among families seeking more space. Meanwhile, the apartment sector remains attractive for first-time buyers and investors, evidenced by its lower price point, which may contribute to a diverse buyer pool in the market.

The price differences across property types highlight the varying demand dynamics. While detached homes command the highest prices, the growth in the attached and apartment segments indicates a broader interest in diverse housing options, catering to different buyer needs and preferences.

Regional Highlights

Regional trends within the Montreal CMA show a consistent demand for housing across various neighborhoods. Areas with strong amenities and transportation links continue to attract buyers, contributing to the overall price stability. The growth in the benchmark price year-over-year suggests that certain regions may be experiencing more significant appreciation, driven by local economic factors and demographic shifts.

Additionally, the balanced market condition across the CMA indicates that while some neighborhoods may see increased competition, others may offer more opportunities for negotiation, allowing buyers to find suitable options within their budget.

For Buyers

Prospective buyers are encouraged to remain vigilant and informed about market conditions. With a balanced market in December 2025, buyers should be prepared to act quickly when they find a property that meets their needs. Conducting thorough research and being pre-approved for financing can enhance their negotiating position and ensure they are ready to make competitive offers.

For Sellers

Sellers should take advantage of the current balanced market by presenting their properties in the best possible light. With a benchmark price increase of 5.8% year-over-year, it is crucial for sellers to price their homes competitively while also highlighting unique features that set their properties apart. Working with a knowledgeable real estate agent can help sellers navigate the market effectively and attract serious buyers.