Condominium sales shot up 14 per cent to 1,588 while single-family home sales increased four per cent to 2,436
Sales of plexes, which include two to five units, hit 339, a seven per cent bump from February 2018.
The Quebec Professional Association of Real Estate Brokers says the average residential price increased 4.9 per cent to $388,398 in metropolitan Montreal and by 6.1 per cent to $505,780 on the island of Montreal. The median price of single-family homes in the metropolitan area increased three per cent year over year to $320,000. The median condo price sat unchanged at $250,000, while the median price of plexes jumped eight per cent to $522,000 last month from $484,000 a year earlier.
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