09/02/2026
West Island Real Estate Market Report: Year-to-Date July 2026 Breakdown & Bank of Canada Rate Decision Impact
Presented by Pearl Kezele & Jason Fitzpatrick — Montreal West Island Real Estate Brokers, Team Kezele & Fitzpatrick (Royal LePage Village)
Welcome to our comprehensive real estate market update for the West Island of Montreal. As leading Montreal West Island real estate brokers, Pearl Kezele and Jason Fitzpatrick analyze key Centris® statistics for January through July 2026 compared to the same period in 2025, while examining how the Bank of Canada's September rate decision, Statistics Canada economic data, and BNN Bloomberg market insights impact local home buyers and sellers.
Macroeconomic Context: Bank of Canada Rate Hold, Statistics Canada & Market Impact
1. Bank of Canada Policy Rate Announcement (Held at 2.25%)
• Policy Decision: On Wednesday, September 2, 2026, the Bank of Canada kept its benchmark policy rate unchanged at 2.25%, leaving the Bank Rate at 2.50% and the deposit rate at 2.20%.
• Mortgage & Prime Rates: Prime rates across commercial banks are expected to stay at 4.45%, keeping variable mortgage rates and home equity lines of credit (HELOCs) unchanged.
• Inflation & Risks: Headline inflation hovered around 3% in July due to elevated gasoline prices, while inflation excluding gasoline stood at 2.2% and core measures remained near 2%. The Bank cited potential risks from sustained energy costs, U.S. tariffs, and Canadian counter-tariffs.
• Next Announcement: Scheduled for October 28, 2026, alongside an updated Monetary Policy Report.
2. Economic Indicators & Housing Demand (Statistics Canada)
• Q2 GDP Growth: Statistics Canada reported that Canada’s economy strengthened broadly in Q2, posting an annualized GDP growth rate of 3.3%.
• Demand Drivers: Growth was supported by increased consumer spending, rising exports, strong business investment, and a rebound in residential housing activity.
3. West Island Market Outlook (BNN Bloomberg & Centris® Analysis)
• Borrowing Cost Certainty: According to market commentary highlighted by BNN Bloomberg, the central bank’s rate hold offers interest rate predictability for buyers entering the autumn market.
• Local Real Estate Momentum: Supported by broader economic resilience, West Island single-family home median prices remain firm across core neighborhoods.
Executive Overview
Across West Island municipalities, the first seven months of 2026 demonstrated clear localized trends:
• Pointe-Claire and Sainte-Anne-de-Bellevue led in overall dollar volume gains, driven by steady single-family and condo demand.
• Beaconsfield and Kirkland saw moderate volume adjustments, while single-family median prices gained ground or held steady.
• Baie-d'Urfé and Senneville maintained their status as premier residential enclaves.
1. Baie-d'Urfé
Municipality Overview
• Total Sales Volume (2026 vs 2025): $34,552,250 vs. $44,836,258 (-23%)
• Total Transactions: 28 vs. 33 (-15%)
• New Listings: 82 vs. 66 (+24%)
• Active Listings: 42 vs. 31 (+35%)
• Average Days on Market (DOM): 56 days vs. 71 days (-21%)
• Single-Family Home Median Price: $1,130,000 (0% change vs. 2025)
• Single-Family Home Average Price: $1,287,154 vs. $1,453,625 (-11%)
• Sale-to-List Price Ratio (Single Family): 99% vs. 98%
Sub-Area Breakdown
East Area
• Total Sales Volume: $21,028,000 (16 sales) vs. $29,371,000 (19 sales)
• New / Active Listings: 46 new / 25 active vs. 35 new / 17 active
• Single-Family Average Price: $1,314,250 vs. $1,545,842
• Single-Family Median Price: $1,175,750 vs. $1,235,000
• Average DOM (Single Family): 63 days vs. 80 days
West Area
• Total Sales Volume: $13,524,250 (12 sales) vs. $15,465,258 (14 sales)
• New / Active Listings: 36 new / 17 active vs. 31 new / 14 active
• Single-Family Average Price: $1,243,800 vs. $1,294,342
• Single-Family Median Price: $1,090,000 vs. $900,000 (+21%)
• Average DOM (Single Family): 31 days vs. 70 days
2. Beaconsfield
Municipality Overview
• Total Sales Volume: $138,080,043 vs. $174,491,534 (-21%)
• Total Transactions: 129 vs. 164 (-21%)
• New Listings: 298 vs. 341 (-13%)
• Active Listings: 120 vs. 120 (0%)
• Average DOM: 43 days vs. 40 days (+8%)
• Single-Family Home Median Price: $994,500 vs. $941,000 (+5.7%)
• Single-Family Home Average Price: $1,133,943 vs. $1,103,349 (+2.8%)
• Sale-to-List Price Ratio (Single Family): 97% vs. 98%
Sub-Area Breakdown
Beacon Hill (North East)
• Total Sales Volume: $14,281,243 (18 sales) vs. $23,714,900 (30 sales)
• Single-Family Median Price: $935,000 vs. $900,000 (+3.9%)
• Single-Family Average Price: $965,113 vs. $912,571
• Average DOM (Single Family): 31 days vs. 28 days
Beaurepaire (South West)
• Total Sales Volume: $21,618,000 (17 sales) vs. $32,975,172 (29 sales)
• Single-Family Median Price: $1,110,000 vs. $890,000 (+24.7%)
• Single-Family Average Price: $1,271,647 vs. $1,137,075
• Average DOM (Single Family): 78 days vs. 69 days
Central South Area
• Total Sales Volume: $25,916,300 (21 sales) vs. $36,766,350 (28 sales)
• Single-Family Median Price: $1,100,000 vs. $1,175,000 (-6.4%)
• Single-Family Average Price: $1,305,753 vs. $1,319,124
• Average DOM (Single Family): 38 days vs. 43 days
Forest Gardens (Central North)
• Total Sales Volume: $15,439,000 (18 sales) vs. $13,858,500 (17 sales) (+11.4%)
• Single-Family Median Price: $820,500 vs. $780,000 (+5.2%)
• Single-Family Average Price: $857,722 vs. $815,206
• Average DOM (Single Family): 38 days vs. 36 days
Sherwood (North West)
• Total Sales Volume: $48,989,500 (44 sales) vs. $44,465,574 (39 sales) (+10.2%)
• Single-Family Median Price: $1,146,250 vs. $1,150,000 (-0.3%)
• Single-Family Average Price: $1,182,921 vs. $1,168,799
• Average DOM (Single Family): 36 days vs. 29 days
South East Area
• Total Sales Volume: $11,836,000 (11 sales) vs. $22,711,038 (21 sales)
• Single-Family Median Price: $985,000 vs. $860,500 (+14.5%)
• Single-Family Average Price: $1,076,000 vs. $1,087,302
• Average DOM (Single Family): 51 days vs. 26 days
3. Kirkland
Municipality Overview
• Total Sales Volume: $123,329,696 vs. $133,344,765 (-7.5%)
• Total Transactions: 129 vs. 144 (-10.4%)
• New Listings: 247 vs. 265 (-6.8%)
• Active Listings: 92 vs. 93 (-1.1%)
• Average DOM: 44 days vs. 40 days (+10%)
• Single-Family Home Median Price: $952,000 vs. $906,625 (+5.0%)
• Single-Family Home Average Price: $1,004,465 vs. $1,002,869 (+0.2%)
• Sale-to-List Price Ratio (Single Family): 97% vs. 98%
Sub-Area Breakdown
North East Area
• Total Sales Volume: $28,010,000 (24 sales) vs. $33,313,500 (29 sales)
• Single-Family Median Price: $1,175,000 vs. $1,152,000 (+2.0%)
• Single-Family Average Price: $1,187,304 vs. $1,148,741
• Average DOM (Single Family): 68 days vs. 46 days
North West Area
• Total Sales Volume: $35,861,000 (38 sales) vs. $43,337,997 (45 sales)
• Single-Family Median Price: $900,000 vs. $850,000 (+5.9%)
• Single-Family Average Price: $964,757 vs. $963,067
• Average DOM (Single Family): 34 days vs. 38 days
South East Area
• Total Sales Volume: $21,535,797 (24 sales) vs. $21,401,276 (27 sales)
• Single-Family Median Price: $929,000 vs. $871,000 (+6.7%)
• Single-Family Average Price: $936,911 vs. $933,774
• Average DOM (Single Family): 22 days vs. 28 days
South West Area
• Total Sales Volume: $19,870,499 (25 sales) vs. $18,555,492 (26 sales) (+7.1%)
• Single-Family Median Price: $922,750 vs. $859,999 (+7.3%)
• Single-Family Average Price: $928,094 vs. $953,199
• Average DOM (Single Family): 61 days vs. 43 days
Timberlea Area
• Total Sales Volume: $18,052,400 (18 sales) vs. $16,736,500 (17 sales) (+7.9%)
• Single-Family Median Price: $987,500 vs. $999,500 (-1.2%)
• Single-Family Average Price: $1,002,911 vs. $984,500
• Average DOM (Single Family): 38 days vs. 36 days
4. Pointe-Claire
Municipality Overview
• Total Sales Volume: $198,262,885 vs. $178,433,253 (+11.1%)
• Total Transactions: 228 vs. 234 (-2.6%)
• New Listings: 463 vs. 432 (+7.2%)
• Active Listings: 209 vs. 161 (+29.8%)
• Average DOM: 50 days vs. 41 days (+22.0%)
• Single-Family Home Median Price: $749,000 vs. $742,500 (+0.9%)
• Single-Family Home Average Price: $885,104 vs. $829,939 (+6.6%)
• Condo Median Price: $595,000 vs. $540,000 (+10.2%)
• Condo Average Price: $700,750 vs. $594,530 (+17.9%)
Sub-Area Breakdown
Central East Area
• Total Sales Volume: $70,228,538 (90 sales) vs. $79,345,697 (107 sales)
• Single-Family Median Price: $710,000 vs. $710,000 (0.0%)
• Single-Family Average Price: $748,098 vs. $818,143
• Average DOM (Single Family): 47 days vs. 34 days
Central West Area
• Total Sales Volume: $33,841,021 (47 sales) vs. $34,886,700 (46 sales)
• Single-Family Median Price: $750,000 vs. $705,000 (+6.4%)
• Single-Family Average Price: $770,112 vs. $799,120
• Average DOM (Single Family): 36 days vs. 23 days
North Area
• Total Sales Volume: $18,120,800 (18 sales) vs. $14,755,700 (24 sales) (+22.8%)
• Single-Family Median Price: $900,000 vs. $635,000 (+41.7%)
• Single-Family Average Price: $862,811 vs. $652,094
• Average DOM (Single Family): 37 days vs. 44 days
South East Area
• Total Sales Volume: $46,164,999 (49 sales) vs. $27,215,200 (33 sales) (+69.6%)
• Single-Family Median Price: $765,000 vs. $891,850 (-14.2%)
• Single-Family Average Price: $1,071,680 vs. $930,344
• Average DOM (Single Family): 61 days vs. 23 days
South West Area
• Total Sales Volume: $29,907,527 (24 sales) vs. $22,229,956 (24 sales) (+34.5%)
• Single-Family Median Price: $995,527 vs. $793,000 (+25.5%)
• Single-Family Average Price: $1,270,549 vs. $957,725
• Average DOM (Single Family): 57 days vs. 35 days
5. Sainte-Anne-de-Bellevue
Municipality Overview
• Total Sales Volume: $32,736,051 vs. $21,641,900 (+51.3%)
• Total Transactions: 42 vs. 29 (+44.8%)
• New Listings: 119 vs. 90 (+32.2%)
• Active Listings: 57 vs. 48 (+18.8%)
• Average DOM: 40 days vs. 88 days (-54.5%)
• Single-Family Home Median Price: $780,000 vs. $567,500 (+37.4%)
• Single-Family Home Average Price: $752,341 vs. $631,992 (+19.0%)
• Sale-to-List Price Ratio (Single Family): 99% vs. 99%
Sub-Area Breakdown
North Area
• Total Sales Volume: $21,444,900 (26 sales) vs. $7,290,000 (9 sales) (+194.2%)
• Single-Family Median Price: $790,000 vs. $695,000 (+13.7%)
• Single-Family Average Price: $811,268 vs. $723,000
• Average DOM (Single Family): 36 days vs. 50 days
South Area
• Total Sales Volume: $11,291,151 (16 sales) vs. $14,351,900 (20 sales)
• Single-Family Median Price: $529,000 vs. $524,000 (+1.0%)
• Single-Family Average Price: $567,143 vs. $586,488
• Average DOM (Single Family): 24 days vs. 42 days
6. Senneville
Municipality Overview
• Total Sales Volume: $3,950,000 vs. $9,450,950 (-58.2%)
• Total Transactions: 3 vs. 7 (-57.1%)
• New Listings: 16 vs. 29 (-44.8%)
• Active Listings: 19 vs. 28 (-32.1%)
• Average DOM: 72 days vs. 100 days (-28.0%)
• Single-Family Home Median Price: $875,000 vs. $1,347,500 (-35.1%)
• Single-Family Home Average Price: $1,316,667 vs. $1,515,000 (-13.1%)
• Sale-to-List Price Ratio (Single Family): 98% vs. 96%
(Note: In smaller luxury enclaves like Senneville, limited sample sizes can create noticeable percentage shifts year over year).
Strategic Takeaways for West Island Buyers & Sellers
1. Rate Stability Boosts Buyer Confidence: The Bank of Canada’s decision to hold its policy rate at 2.25% provides mortgage stability for home buyers evaluating fixed and variable options.
2. Resilient Property Values: Single-family median prices across core West Island sectors posted year-over-year gains, highlighting the long-term value of local real estate.
3. Strategic Pricing & Marketing: Proper listing strategy remains essential. Properties priced accurately continue to see strong engagement and quick absorption.
Looking to buy or sell with experienced Montreal West Island real estate brokers? Reach out to Pearl Kezele & Jason Fitzpatrick at Royal LePage Village today for a custom home valuation or strategic consultation!
Pearl Kezele Montreal West Island Real Estate and Jason Fitzpatrick - Montreal West Island Real Estate
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