Archive for January, 2010

Îles des Soeurs / Nuns’ Island 2009 Real Estate Year End Summary

Thursday, January 28th, 2010

Nuns’ Island continued its growth in 2009 as a very relevant borough of the Montreal real estate market. Nuns’ Island homes for sale once again saw a rise in their values in this year’s Montreal real estate market. Since January 1st, 2009 there were seventy six single family homes sold in the Nuns’ Island real estate market. The selling prices for these Îles des Soeurs homes for sale in the Montreal real estate market started at $380,000 and went to $1,712,000 at the top of the price range. The average selling price for a Nuns’ Island home for sale in the Montreal real estate market of 2009 was $603,184. On average it took fifty one days to sell these Îles des Soeurs homes for sale in the Montreal real estate market.

Condos also played an important role in this year’s Nuns’ Island Montreal real estate market. There were two hundred and ninety eight Nuns’ Island condos sold in the 2009 Montreal real estate market. These Îles des Soeurs condos sold for an average price of $375,611 in this year’s Montreal real estate market. The lowest selling price for the Nuns’ Island condos sold in the 2009 Montreal real estate market was $158,000 while the highest price paid was $1,550,000. It took an average of one hundred and nine days to sell these Îles des Soeurs condos for sale in the Montreal real estate market.

Nuns’ Island condos for rent also had some interesting activities in the 2009 edition of the Montreal real estate market. There were one hundred and seventy Îles des Soeurs condos for rent rented in 2009. The rental prices for these Îles des Soeurs condos for rent in the Montreal real estate market started at $580 and went to $7000 at the top of the price range. The average rental price for a Nuns’ Island appartment for rent in 2009 was $1990.

If you are interested in finding out more about the Îles des Soeurs real estate market, please do not hesitate to contact me. It will be my pleasure to help you purchase or sell your Nuns’ Island real estate.

Le Plateau Immobilier / Le Plateau Mont Royal Real Estate Year End Summary for 2009

Friday, January 22nd, 2010

Le Plateau-Mont-Royal had excellent activity in 2009 and was a very important borough of the Montreal real estate market. Le Plateau homes for sale once again saw a rise in their values in this year’s Montreal real estate market. Since January 1st, 2009 there were forty four single family homes sold in the Plateau real estate market. The selling prices for these Plateau homes for sale in the Montreal real estate market started at $250,000 and went to $1,040,000 at the top of the price range. The average selling price for a Le Plateau Mont Royal home for sale in the Montreal real estate market of 2009 was $510,250. On average it took seventy six days to sell these Plateau homes for sale in the Montreal real estate market.
Condos also played a very important role in this year’s Plateau immobilier Montreal real estate market.There were six hundred and ten Plateau condos sold in the 2009 Montreal real estate market. In the price range of $250,000 or less there were two hundred and eighty nine le Plateau condos sold. The average price for these le Plateau Mont-Royal condos was of $200,301 in this year’s Montreal real estate market. The lowest selling price for this price range of Plateau condos sold in the 2009 Montreal real estate market was $95,000. For Plateau condos in the price range of $250,000 or more there were three hundred and twenty one sales in 2009. The selling prices for these Plateau condos for sale in the Montreal real estate market started at $252,000 and went to $960,000 at the top of the price range. The average selling price for a Le Plateau Mont Royal condo for sale in this price range was $335,989.
Le Plateau revenue properties also had some interesting activities in the 2009 edition of the Montreal real estate market. There were one hundred and seventy six Plateau revenue properties sold in 2009. The selling prices for these Plateau Mont-Royal revenue properties for sale in the Montreal real estate market started at $225,000 and went to $6,150,000 at the top of the price range. The average selling price for a Plateau revenue property in 2009 was $590,348. On average, it took ninety seventy two days to sell these Plateau revenue properties for sale in the Montreal real estate market.
If you are interested in finding out more about the Plateau Mont-Royal real estate market, please do not hesitate to contact me. It will be my pleasure to help you purchase or sell your Plateau real estate.

NDG Real Estate Year End Summary

Monday, January 18th, 2010

NDG real estate is always an important part of the Montreal real estate market and this year it saw plenty of activity.
NDG single family homes for sale are usually in high demand in the Montreal real estate market and this year was no different. There were one hundred and sixty three single family NDG homes for sale sold in the 2009 Montreal real estate market. Selling prices for these NDG homes for sale started at $259,000 and went to $855,000 at the top of the price range. The average selling price for an NDG home for sale in the Montreal real estate market of 2009 was $476,071. On average in took forty eight days to sell these NDG homes for sale in the Montreal real estate market.
NDG revenue properties also saw many sales this year with one hundred and twenty one properties sold in the 2009 Montreal real estate market. The average price of an NDG revenue property in the 2009 Montreal real estate market was $511,868. The selling prices for NDG revenue properties started at $230,000 and went to $2,635,000. It took an average of eighty one days to sell these NDG revenue properties for sale in this year’s Montreal real estate market.
NDG condos for sale played a more important role in this year’s Montreal real estate. There were three hundred and three NDG condos sold in the 2009 Montreal real estate market. These NDG condos sold for an average price of $302,508 in this year’s Montreal real estate market. The lowest selling price for the NDG condos sold in the 2009 Montreal real estate market was $102,000 while the highest price paid was $835,000. It took an average of eighty three days to sell these NDG condos for sale in the Montreal real estate market.
If you are interested in finding out more about the NDG real estate market, please do not hesitate to contact me. It will be my pleasure to help you buy or sell NDG properties.

Mile End Real Estate 2009 Activity Summary

Thursday, January 14th, 2010

Mile End real estate saw plenty of activity in 2009 and was an important neighborhood of the Montreal real estate market.
Mile End single family homes for sale are always a rare part of the Montreal real estate market and this year was no different. There were only eight single family Mile End homes for sale sold in the 2009 Montreal real estate market. Selling prices for these Mile End homes for sale started at $368,000 and went to $755,000 at the top of the price range. The average selling price for a Mile End home for sale in the Montreal real estate market of 2009 was $597,875. On average in took sixty eight days to sell these Mile End homes for sale in the Montreal real estate market.
Mile End condos for sale played a more important role in this year’s Montreal real estate. There were one hundred and eighty one Mile End condos sold in the 2009 Montreal real estate market. These Mile End condos sold for an average price of $284,565 in this year’s Montreal real estate market. The lowest selling price for the Mile End condos sold in the 2009 Montreal real estate market was $96,000 while the highest price paid was $740,000. It took an average of fifty three days to sell these Mile End condos for sale in the Montreal real estate market.
Mile End revenue properties also saw a numerous sales this year. There were thirty three Mile End revenue properties sold in the 2009 Montreal real estate market. The average price of a Mile End revenue property in the 2009 Montreal real estate market was $570,992. The selling prices for Mile End revenue properties started at $290,000 and went to $880,000. It took an average of seventy seven days to sell these Mile End revenue properties for sale in this year’s Montreal real estate market.
If you are interested in finding out more about the Mile End real estate market, please do not hesitate to contact me. It will be my pleasure to help you buy or sell Mile End properties.

Old Montreal Condos Market Update

Thursday, January 7th, 2010

The Old Montreal condo for sale segment is extremely important in the Montreal Condo market. Old Montreal condo are very much in demand and we consistently see much activity in this neighborhood. New restaurants, bars, and clubs constantly open their doors in Old Montreal and this, along with its gorgeous architecture, central location, and trendy vibe, helps to attract condo buyers from all over the world to the neighborhood.

Currently there are one hundred and twenty eight Old Montreal condo for sale. The prices for these Old Montreal condo for sale start at $210,000. The current highest asking price for an Old Montreal condo for sale is $6,900,000. The current average asking price for an Old Montreal condo for sale is $698,947.

The Old Montreal condo rental is also a very important segment of the Montreal condo market. Currently there are one hundred and twenty nine Old Montreal condo for rent. The prices for these Old Montreal rentals start at $700 per month. The current highest asking price for an Old Montreal rental is $7000 per month. The current average asking price for an Old Montreal condo for rent is $2497 per month.

Old Montreal condos come in many different configurations and styles. However, current trend and demand go towards the ultra contemporary featuring open concept units with high ceilings and simple but elegant finishes. Many of the high end Old Montreal residential buildings are equipped with a gym as well as a pool for the exclusive use of its residents. These Old Montreal condo buildings also often have underground parking which is very useful considering how busy the streets of the neighborhood are. Both private and communal rooftop terraces are also the norm in these Old Montreal condo projects.

If you are interested in the real estate of Old Montreal, it will be my pleasure to assist you. Do not hesitate to contact me with questions regarding the buying, selling, or renting of Old Montreal condos.

Current Bank Repossessions in Montreal Real Estate Market

Monday, January 4th, 2010

Within the Montreal homes for sale market there often appear some Montreal repossessed properties for sale. These repossessed properties are not very numerous and are in high demand by investors of the Montreal homes for sale market. Needless to say, when a repossession appears on the Montreal homes for sale market it is necessary for buyers to act quickly in order to secure the sale and get a great deal. It is important for buyers to note that Montreal homes for sale that are bank repossessions are always sold without legal warranty. That means that theses Montreal homes for sale are sold at the risk and peril of the buyer. There is no warranty of quality. This makes a good inspection crucial when one wants to make an offer on such a property.

Amongst the current Montreal homes for sale on the market, eighteen of them are bank repossessions. I like to check for new bank repossessions on a daily basis in order to be able to pass the information on to my interested clients. By doing this I give my clients the advantage over other buyers looking for Montreal homes for sale that are Montreal property repossessions.
Montreal homes for sale repossessions are most often multi-plex revenue properties. On the current Montreal homes for sale market, there are twenty five repossessed revenue properties. These Montreal homes for sale repossessions include duplex, triplex, and quadruplex revenue properties. Often times revenue properties for sale on the Montreal homes for sale market are vacant thus allowing investors to do what they desire with the properties once they take possession.

The Montreal homes for sale market also has a good number of repossessed condos. Currently there are twenty nine Montreal condo repossessions on the Montreal homes for sale market.

If you are interested in Montreal repossessed properties please do not hesitate to contact me. It will be my pleasure to help you find the great deals that are out there.