News

Febuary 1, 2012
A Good Time to Buy Mont-Tremblant Real Estate

 
There has never been a better time to buy a house in Mont-Tremblant. Besides the recent drop in mortgage interest rates to their lowest levels in memory, the median price of a home in Mont-Tremblant went down by seven per cent in 2011 compared to 2010 and now stands at $188,000. Condo prices were down for a second consecutive year, by 12 per cent. The number of transactions and prices have been going down in Mont-Tremblant more markedly than in other nearby Laurentian towns, perhaps in part due to perceptions that Mont-Tremblant is more expensive than anywhere else in the Laurentians. That may have been true a few years ago, but no longer. The median price of a home in Saint-Sauveur, for example, now stands at $244,500 after a rise of five per cent in the last quarter of 2011 compared to the last quarter of 2010. The figures were released by the Quebec Federation of Real Estate Boards last January 24, based on Multiple Listing Service (MLS) activity.
The volume of real estate transactions for the year (2011) in Mont-Tremblant was down by 11 per cent compared to 2010. In the fourth quarter alone, sales volume was down by 24 per cent. By comparison, sales volume in Saint-Sauveur for the same fourth quarter period of 2011 was up by 21 per cent.
Sales volumes in other nearby Laurentian towns in 2011 compared to 2010 were also down though not by as much as in Mont-Tremblant. Volume decreased by eight per cent in Sainte-Sauveur, one per cent in Sainte-Adèle, and 13 per cent in Sainte-Agathe. But median prices in 2011 for those municipalities were up,. With Sainte-Adèle experiencing the greatest rise-13 per cent – to $205,000. The median price in Sainte-Agathe stands at $188,000, the same as in Mont-Tremblant.
 
Temblant Express- February 2012- André Courey

<< Read all news

Our selection of properties

Property Search

Our real estate agents

Mont-Tremblant Agency
Royal Lepage Tremblant | 993, rue de Saint-Jovite • Mont-Tremblant, Québec • J8E 3J8 • Canada
Téléphone : 819 425-3777 • rlptremblant@royallepage.ca

REGIONS

Amherst
Arundel
Barkmere
Brébeuf
Harrington
Huberdeau
Ivry-sur-le-Lac
La Conception
Labelle
Lac-Simon
Lac-Supérieur
Lac-Tremblant-Nord
Lantier
Mont-Laurier
Mont-Tremblant
Montcalm
Morin-Heights
 

 

Namur
Nominingue
Prévost
Rivière-Rouge
Saint-Donat
Saint-Faustin/Lac-Carré
Sainte-Agathe-des-Monts
Val-David
Val-des-Lacs
Wentworth-Nord
   

MEET OUR AGENTS

Mont-Tremblant Agency
Emy Boon
Ann Chauvin
Paul A. Dalbec
Corina Enoaie
Cynthia Griffin
Véronique Lambert
Michel Lemaître-Auger
Gladys Olney
Pierre Ouimet
Pierre Perron
Fernand Sabourin
Sébastien Turgeon

Website design by Nümoov