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Which Montreal Areas Showed The Highest Price Growth For Two Bedroom Condos in 2018?

Analyzing appreciation rates of 2 bedroom condos on Montreal Island to determine which neighborhoods performed best.

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According to third quarter residential sales statistics, the median price of Montreal condominiums saw an increase of 4.5% this year, reaching $323,329.

Condominium sales have registered the greatest increase compared to all other property types, up by 12.% in the region year-over-year.

Which Montreal areas have recorded the highest appreciation rates for 2 bedroom condos in 2018?

Municipality/Borough Postal Price per Sq.ft (%change) Sold price Avg. (% change)
Villeray/Saint-Michel/Parc-Extension H1Z 22.34% 10.89%
Ville-Marie H3G 20.17% 11.28%
Le Plateau-Mont-Royal H2W 16.93% 11.45%
Ville-Marie H2K 15.95% 9.46%
Le Plateau-Mont-Royal H2J 15.63% 10.66%
LaSalle H8R 15.55% 16.22%
Ville-Marie H3C 15.45% 17.15%
Verdun/Île-des-Soeurs H3E 14.71% 12.07%
Le Plateau-Mont-Royal H2X 14.46% 14.16%
Pointe-Claire H9R 14.30% 13.76%
Ville-Marie H3H 14.05% 9.23%
Rosemont/La Petite-Patrie H2S 13.80% 4.44%
Villeray/Saint-Michel/Parc-Extension H2R 13.35% 9.00%
Le Sud-Ouest H3J 13.23% 11.12%
Le Plateau-Mont-Royal H2L 13.08% 20.97%
Côte-des-Neiges/Notre-Dame-de-Grâce H3X 13.00% 5.26%
Le Sud-Ouest H3C 12.95% 14.99%
Ville-Marie H2X 12.55% 13.69%
Rosemont/La Petite-Patrie H2G 12.49% 7.71%
Verdun/Île-des-Soeurs H4G 11.94% 9.04%
Mercier/Hochelaga-Maisonneuve H1V 11.82% 7.46%
Le Plateau-Mont-Royal H2K 11.64% 5.67%
Lachine H8S 11.39% 13.28%
Le Sud-Ouest H4E 11.13% 8.61%
Dorval H9S 11.11% 10.94%
Saint-Laurent H4R 11.00% 8.23%
Le Sud-Ouest H4C 10.49% 6.74%
Villeray/Saint-Michel/Parc-Extension H2E 10.14% 2.34%

 

*Locations with a limited number of sales have been excluded from this report.

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