
Montreal Real Estate Market by Borough: Q3 2026
In the third quarter of 2026, Centris counts 3,344 residential sales on the island of Montreal, 13% fewer than in …
Market Analysis

In the third quarter of 2026, a single-family home sold at a median price of $605,000 in the borough of Rivière-des-Prairies-Pointe-aux-Trembles, in Montreal, against $812,000 for the island as a whole. No territory on the island for which Centris publishes a quarterly median price goes lower, and none sold as many single-family homes: 109 of 1,002. At the same time, active listings, all categories combined, rose 48% in a year. Here are the figures, what is moving at the eastern tip of the island, and what it changes for anyone selling or buying.
Centris treats the borough as a single territory, with 107,941 residents in the 2021 census, according to its page. The quarter adds up to 176 residential sales (-13%) and 340 new listings (+18%). Each change compares with the third quarter of 2025; the change in time on market is expressed in days.
| Single-family | Sales | Median price | Days on market | Active listings |
|---|---|---|---|---|
| Rivière-des-Prairies-Pointe-aux-Trembles | 109 (+17%) | $605,000 (+4%) | 40 (+3) | 174 (+50%) |
| Island of Montreal | 1,002 (-12%) | $812,000 (+2%) | 51 (+4) | 2,162 (+7%) |
Source: Centris real estate statistics for Montréal (Rivière-des-Prairies/Pointe-aux-Trembles) and for Montréal (Island), third quarter of 2026, July to September.
| Condominium | Sales | Median price | Days on market | Active listings |
|---|---|---|---|---|
| Rivière-des-Prairies-Pointe-aux-Trembles | 60 (-31%) | $347,500 (-2%) | 60 (+27) | 133 (+44%) |
| Island of Montreal | 1,728 (-15%) | $477,000 (0%) | 67 (+14) | 6,696 (+12%) |
Source: Centris real estate statistics for Montréal (Rivière-des-Prairies/Pointe-aux-Trembles) and for Montréal (Island), third quarter of 2026, July to September.
| Plexes of 2 to 5 units | Sales | Median price | Days on market | Active listings |
|---|---|---|---|---|
| Borough, quarter | 7 | not published | not published | 32 (+60%) |
| Borough, last 4 quarters | 56 (-29%) | $790,250 (-3%) | 45 (-14) | 24 |
| Island of Montreal, quarter | 614 (-13%) | $902,500 (+3%) | 52 (-1) | 1,631 (+16%) |
Source: Centris real estate statistics for Montréal (Rivière-des-Prairies/Pointe-aux-Trembles) and for Montréal (Island), third quarter of 2026, July to September.
Seven plexes sold is too few: Centris considers the number of transactions insufficient for a reliable statistic. The total for the last four quarters therefore serves as the benchmark.
The lowest of 11 for the quarter. Centris publishes a quarterly single-family median price for 11 territories on the island. The lowest is the borough’s, $605,000, ahead of Pierrefonds-Roxboro ($635,000) and L’Île-Bizard-Sainte-Geneviève ($750,000). It is also where the most single-family homes sell: 109, against 95 in Pierrefonds-Roxboro.
Over four quarters, Montréal-Nord goes lower. The four-quarter total gives $586,125 for the borough, but $524,875 for Montréal-Nord, whose quarterly price is not published for lack of sufficient sales. The borough therefore has the largest number of single-family sales on the island and one of the two lowest median prices, depending on the period you look at.
For condos, the gap is clear. The $347,500 median price is the lowest of the 14 territories on the island where Centris publishes one for the quarter. Over four quarters, at $349,125, it stays below Montréal-Nord ($374,375) and Pierrefonds-Roxboro ($380,625).
Houses are selling more, condos much less. Single-family sales rose 17% while the island’s fell 12%. For condos, sales dropped 31%, and the average time on market grew by 27 days.
Supply is building up. Active listings rose 50% for single-family homes and 44% for condos, against 7% and 12% for the island. In its sector 18, “Pointe Est de l’Île”, which adds Montréal-Est to the borough, APCIQ measures a 49% increase in active listings, the steepest of the island’s 18 sectors.
Median prices are barely moving. The single-family median gained 4% over the quarter and 5% over four quarters; the condo median lost 2%. A change in the median price does not measure the change in value of any given property, because the mix of sales changes from one quarter to the next.
The regional context. Across the metropolitan area, APCIQ counts 12% fewer sales and 17% more listed properties in the third quarter; sellers of single-family homes keep the upper hand there, while the island’s condo market sits on the border between a balanced market and a buyer’s advantage. As of October 20, 2026, the Bank of Canada’s policy rate is 2.25%, held on September 2; the next decision is on October 28.
The largest increases on the roll. The 2026-2027-2028 assessment roll, in force since January 1, 2026, reflects the market between July 1, 2021 and July 1, 2024. In the borough, it raises the value of the 19,784 single-family homes by 18.4% on average and that of the 7,408 condos by 21.9%, the largest increases of the 19 boroughs in both categories; for the City of Montreal, the figures are 12.1% and 9.5%.
The 2026 bill. According to the City’s 2026 budget, residential tax burdens in the borough rise by 5.6% on average, against 3.8% for the City as a whole. Within the borough, the average increase is 5.7% for single-family homes and 6.8% for condos. For the borough’s average single-family home, with an average value of $505,048 in 2026, the budget calculates a tax bill that goes from $3,394 to $3,586. The change on the roll enters the taxable value in thirds: one third in 2026, two thirds in 2027, all of it in 2028.
An average is not your bill: according to the budget, the tax burden of a property whose value rose more than the average generally increases, all other things being equal. See also contesting your municipal assessment.
In service: two stations on line 15 Mascouche. Two exo stations carry the neighbourhoods’ names, both in fare zone A: Pointe-aux-Trembles, at 14501 rue Sherbrooke Est (316 parking spaces), and Rivière-des-Prairies, at 10801 boulevard Maurice-Duplessis (194 spaces). Exo’s schedule has the line ending at Côte-de-Liesse station, at 260 rue Deslauriers, where the REM indicates a connection with its station of the same name. To get downtown, you therefore have to count on one change of train.
Announced, with no date: the Projet structurant de l’Est. In May 2024, the ARTM proposed a 38 km surface tramway with 31 stations: one branch from Rivière-des-Prairies to the green line via boulevards Maurice-Duplessis and Lacordaire-Dickson, another from Repentigny to the green line via Highway 40 and rue Sherbrooke Est. According to its 2026-2035 capital program (Programme des immobilisations), adopted on October 30, 2025, the government announced in February 2025 that the project would be built, and the project was to be transferred to Mobilité Infra Québec during 2026; no official page consulted on October 20, 2026 confirms that transfer. No date for entry into service has been published, and no source measures the project’s effect on prices.
At the eastern tip of the island, the borough has water to the north and to the south, and the City of Montreal lists it among the areas concerned by spring flooding. On April 20, 2026, the borough described the situation as “under control”: water in riverside parks, including Bout-de-l’Île and Pierre-Payet parks, and “no house on the territory” affected.
The new maps are slow to come. The first batch of new-generation maps from the Communauté métropolitaine de Montréal (CMM) covers the areas along the Rivière des Prairies and the St. Lawrence. It was scheduled to come into force on August 1, 2026; on July 30, the CMM asked Quebec’s environment ministry to reverse its decision to postpone publication to an undetermined date. In the meantime, the old-generation maps of the municipality or the MRC apply, and none of the official pages consulted on October 20, 2026 announces that this batch has come into force. For a property near the water, the classification can therefore change after the purchase: the checks to make before an offer are detailed in buying in a flood zone in Quebec.
Selling a house. Sales have risen, but your house comes on the market among 174 listed single-family homes, 50% more than a year earlier, each one a point of comparison for buyers. The asking price is justified by recent sales of the same type of house in the same sub-area, not by the borough median: real estate comparables: auditing your neighbour’s price shows how to read them.
Selling a condo. This is the category that moved the most: 60 sales, 133 listed units, 60 days on market. Over 12 months, however, APCIQ classifies as favourable to sellers every condo price range in its sector 18 where there were sales, at 3.6 to 7.2 months of inventory. Those months of inventory rest on 12-month averages; for the quarter, Centris counts 31% fewer condo sales in the borough.
Buying. The choice has widened. Before making an offer, there are three checks specific to the area: where the address stands in relation to the water, the property’s actual 2026 tax bill, and the transfer duties (welcome tax). The $605,000 median price exceeds the $552,300 threshold above which the City of Montreal applies 2% to the next bracket: the welcome tax calculator does the math for your price. For a plex, start from the rents actually collected and from the leases, not from a median built on 56 sales in a year.
Is Pointe-aux-Trembles the cheapest area on the island for a house? In the third quarter of 2026, the borough posted the lowest single-family median price of the 11 territories for which Centris publishes one. Over four quarters, Montréal-Nord is lower, at $524,875. A median says nothing about the price of a specific house.
Is Rivière-des-Prairies a seller’s or a buyer’s market? APCIQ publishes no verdict for the borough alone. In its sector 18, over 12 months, the condo market is favourable to sellers in every price range where there were sales. For single-family homes, that sector’s page gives no price ranges; for the island as a whole, the $410,000 to $610,000 range is favourable to sellers, at 3.0 months of inventory.
Does the Pointe-aux-Trembles train go downtown? Not directly. According to exo’s schedule as of October 20, 2026, line 15 Mascouche stops at Côte-de-Liesse station, with a connection to the REM.
To go further, read the Montreal real estate market, borough by borough, property taxes in Montreal and Laval and the Montreal and Laval real estate market. The Rivière-des-Prairies page and the Montreal page bring together the rest.
Selling or buying in Pointe-aux-Trembles or Rivière-des-Prairies? Write to me. I prepare a comparative market analysis at no charge, based on recent sales of the same type of property in your sub-area.

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