Montreal Real Estate Market Update – January 2026

January 2026 confirms a shift that has been developing over the past several months in the Montreal real estate market. While inventory continues to build and sales activity has slowed compared to last year, the market remains active for properties that are correctly priced and well positioned.

Inventory and New Listings

Active listings increased year over year, giving buyers more choice than they had at the same time in 2025. New listings also rose in January, reinforcing the idea that sellers are returning to the market, even in a more competitive environment.

This increase in inventory means sellers can no longer rely on momentum alone. Strategy, pricing accuracy, and presentation play a much larger role in determining outcomes.

Sales Activity

Sales in Montreal declined compared to January 2025, reflecting a more selective buyer pool. Buyers are taking more time to evaluate options and are less willing to overpay. This does not indicate a stalled market, but rather a normalization where demand is more disciplined.

Days on Market

Despite lower sales volume, the average days on market decreased slightly. This is an important signal. It shows that well priced properties continue to sell efficiently, even as overall activity softens. Homes that are aligned with current market conditions are still attracting serious buyers in Montreal.

What This Means for Buyers and Sellers

For sellers, January’s data reinforces the importance of a realistic pricing strategy from day one. Overpricing leads to longer exposure and weaker negotiation positions. Proper positioning, strong marketing, and accurate pricing remain key.

For buyers, increased inventory creates more opportunities and leverage. Conditions are more favorable for negotiation, particularly on properties that have been on the market longer.

Looking Ahead

The Montreal market is transitioning into a more balanced phase. Activity has slowed compared to last year, but the fundamentals remain intact. As more data becomes available in the coming months, trends will become clearer.

I will continue monitoring each release and sharing updates as the market evolves.

For informational purposes only and do not constitute an appraisal or market forecast.