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The Real Estate Market in Saint-Lambert: Your Complete Guide

Saint-Lambert, a charming city located on Montreal's South Shore, is increasingly attracting buyers and sellers due to its exceptional living environment and proximity to the metropolis. Whether you're looking to buy or sell a property, understanding the local real estate market is essential. In this article, we will explore the various facets of the real estate market in Saint-Lambert.

Single-Family Homes Market in Saint-Lambert: A Balanced Sector

The single-family homes market in Saint-Lambert is stable and highly sought after, with properties varying widely in age. Homes in this area range from historic buildings constructed as early as 1893 to more modern constructions completed as recently as 2018. This variety provides a wide array of options for buyers, from young families to seasoned investors.

In 2024, the average sale price for a single-family home in Saint-Lambert was $852,192, with transactions ranging from $179,000 to $2,950,000. The market is evenly split, with 49% single-family homes and 51% condos, reflecting the diverse real estate offerings in the area.

Characteristics of the Single-Family Homes Market in Saint-Lambert:

Year of construction: From 1893 to 2018, with an average age of 1969
Property types: A balanced mix of single-family homes and condos
Average sale price: $852,192
Sales distribution: 49% single-family homes, 51% condos

Condominium Market in Saint-Lambert: Modernity and Convenience

The condominium market in Saint-Lambert is particularly attractive to professionals, retirees, and couples looking for a more manageable living space. Condos in this area offer modern amenities and are often located near key services and transportation links, making them a popular choice for those seeking convenience without compromising on quality of life.

With prices varying according to the building's age and available amenities, condos in Saint-Lambert offer excellent value in a well-established community.

Characteristics of the Condominium Market in Saint-Lambert:

Year of construction: Ranges widely, with many modern developments
Property types: Condominiums designed for modern living, appealing to professionals and retirees
Sales proportion: 51% of the real estate market in Saint-Lambert

Why Choose Saint-Lambert?

The city of Saint-Lambert stands out for its unique combination of historical charm and modern living. With its tree-lined streets, excellent schools, and vibrant community life, it is an ideal location for families, professionals, and retirees alike. Its proximity to Montreal and the well-established infrastructure make it a highly desirable area for real estate investment.

Saint-Lambert Real Estate Market Statistics

In 2024, the average time on market for a property in Saint-Lambert is 52 days. Property prices range from $179,000 to $2,950,000, with an average price of $852,192. Single-family homes account for 49% of transactions, while condos make up 51% of the market.

The Single-Family Homes Market

Single-family homes in Saint-Lambert are highly desirable, with properties built between 1893 and 2018. The average age of homes is about 55 years, offering a mix of historic and modern houses. The average price for a single-family home in this area is $852,192.

The Condominium Market

Condominiums in Saint-Lambert represent a significant portion of the real estate market. This type of property is particularly attractive to those seeking modern conveniences in a well-established community. With a dynamic market, condo prices vary depending on the building's age and amenities but remain competitive compared to other sectors on the South Shore.

Why Invest in Saint-Lambert?

Saint-Lambert offers excellent value for money for buyers and a strong potential for appreciation for sellers. With its mix of historical charm and modern convenience, alongside its proximity to Montreal, this city is ideal for families, professionals, and retirees.

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