January 2026 residential real estate activity in the Montreal Census Metropolitan Area (CMA) showed a slowdown in transactional volume compared with last year. According to the latest Centris report, total sales fell by about 15 percent year‑over‑year with 2,364 homes changing hands in January 2026 versus 2,774 in January 2025. This reflects ongoing supply challenges and seasonal cooling typical of winter months.
By property type, exceptions appeared among plexes, which saw slight growth while single family homes and condominiums both showed declines compared with last January.
Despite this activity dip, prices held firm. Median prices across categories increased, led by an eight percent year‑over‑year rise for multiplex properties to about $841,800. Single family homes’ median prices rose roughly four percent to $615,000 and condos about two percent to $428,000. New listings were modestly higher year‑over‑year, suggesting some improvement in market choice.
What This Means Now
• Buyers may benefit from slight increases in new listings, particularly in condo segments, though competition and pricing remain significant factors.
• Sellers in desirable locations and price ranges continue to see strong median price support, particularly for well‑positioned plexes and entry‑level homes.
For tailored insights on how the January data affects your property goals, contact me.
Phone: 514‑777‑1535
Email: Christopher@CCMRealty.ca