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Since the beginning of 2025, the residential real estate market in Montreal has experienced a true revival. After a period of uncertainty marked by rising interest rates and a slowdown in transactions, sales have picked up significantly, restoring confidence among both buyers and sellers. This trend is particularly noticeable in the West Island, especially in Dollard-des-Ormeaux (DDO), where real estate activity is booming.
A Surge in Activity Driven by Favorable Conditions
In January 2025, residential sales in Montreal jumped by 36% compared to the same period in 2024. This rebound is largely attributable to the recent decline in interest rates, which has made it easier for many buyers to qualify for a mortgage. Additionally, the market has stabilized with a more balanced supply, providing buyers with greater options when searching for a property.
In the West Island, and more specifically in Dollard-des-Ormeaux, this recovery has led to an increase in real estate transactions, particularly for single-family homes and condos. Families and young professionals are actively looking for properties in this highly sought-after area, known for its quality of life, reputable schools, and green spaces. Furthermore, multiple offers and bidding wars are making a comeback, especially for the most in-demand properties.
Dollard-des-Ormeaux: An Attractive Area for Buyers
DDO continues to attract buyers due to its perfect balance between urban living and a peaceful residential environment. With the real estate market improving, sellers can expect to get a good price for their property, while buyers benefit from a wider range of options.
Single-family homes, particularly sought after in this area, continue to see strong demand. Condos are also in high demand, attracting young professionals and investors looking to capitalize on the market rebound.
What Does This Market Recovery Mean for Buyers and Sellers?
For sellers:
- Increased demand allows for a higher selling price.
- Well-located and well-maintained properties sell more quickly.
- A strong marketing strategy with an experienced broker maximizes visibility and the number of offers received.
- The return of multiple offers and bidding wars can lead to higher sale prices.
For buyers :
- More options available with an increase in inventory.
- More favorable financing conditions due to lower interest rates.
- Better negotiation power compared to periods of extreme bidding wars.
- However, it is essential to be well-prepared, as some properties are once again attracting multiple offers.
Why Work with a Real Estate Broker in Dollard-des-Ormeaux?
With this market rebound, it is more important than ever to have an expert by your side to maximize your investment, whether you are buying, selling, or renting a property. As a real estate broker specializing in Dollard-des-Ormeaux, I offer my expertise and in-depth knowledge of the local market to guide you through every step of your transaction.
If you are considering buying or selling in Dollard-des-Ormeaux and the surrounding areas, now is the perfect time to act. Contact me today for a personalized consultation and take advantage of the opportunities the current market has to offer!
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