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MARKET REPORTS

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Sales Price vs Asking Price

Many people ask how to tell whether the market is heating up or cooling down. To them I say — always listen to the brokers. Not literally, of course! What you should listen for is the variance in what they’re saying to buyers versus sellers. If you’re a seller and you want to get a good read, pretend to be a buyer. Talk to the brokers and try to bid. They will almost instantly tell you how flexible the list price is. If they tell you they think they can close it at 20% less, this is a genuine indication for what’s truly going on. In a truly hot market, sale happens close to the list price or asking price, sometimes over it. In a cooling market, this gap becomes larger, leading to deals simply not closing.

Griffintown Condominiums




GRIFFINTOWN BEST RESALE CONDOMINIUMS CATEGORIES IN 2019

Griffintown lofts without garage have increased most in value in 2019.
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GRIFFINTOWN condominiums 2019 achieved sale price

Griffintown, les ventes de condominiums augmentent d'année en année depuis 2008
Griffintown condominiums sales increased year over year since 2008
2018-2019
median price increase

All bedrooms : +8.21%
1 bedroom : +13.30%
1 bed+1 parking : +15.94%
2 bedrooms : -1.34%
2 bed+1 parking : +10.94%​
2 bed+2 parking : +25.31%
3 bedrooms : -25.20%
3 bed+1 parking : +19.74%
3 bed+2 parking : -25.67%
2010-2019
​median price increase

All bedrooms : +71.53%
1 bedroom : +53.67%
1 bed+1 parking : +43.77%
2 bedrooms : +94.27%
2 bed+1 parking : +73.73%​
2 bed+2 parking : +62.11%
3 bedrooms : +126.40%
3 bed+1 parking : +152.10%
3 bed +2 parking : +36.50*

​* 2016-2019
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On The market : Ile-des-Soeurs/Nuns Island   Griffintown   Westmount    Downtown Montreal   Brossard  Candiac   Saint-Lambert
Market Reports : Ile-des-Soeurs/Nuns Island   Griffintown   Westmount   Downtown Montreal   Dollad-des-Ormeaux   Boucherville
On Location : Ile-des-Soeurs   International Quarter   Golden Mile   Vieux Montreal   Outremont   Boucherville

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