Are Montreal buyers negotiating more after 13 days on market?

[hana.slate]

I’m considering an offer on a three-bedroom Montreal property and trying to judge whether 13 days on market creates any negotiating room. In the villa segment around C$1,393,000–C$2,090,000, the market looks split rather than consistently fast or slow.

Asking-price histories are easy to find, but completed prices are not. Has anyone seen recent completed examples where the sale price differed materially from either the original or latest asking price? I’m also interested in whether price cuts, relistings or transaction fees changed the apparent result.

 

[cairn.common]

Thirteen days by itself is weak evidence of leverage. A home can be fresh to one buyer but already overpriced to everyone who viewed it during the first two weekends. I’d compare the completed price with both the original ask and the final ask, while checking for withdrawals and relistings that may reset the visible days on market.

 

[BalancedMap]

Which neighbourhood boundaries are you using, and what condition is the three-bedroom in? At that price range, a renovated property and one needing substantial work are not meaningful comparables even if they are nearby. Also, what do you mean by a “clear answer” on transaction fees—seller-paid items, buyer closing costs, or simply certainty about the total cash required?

 

[PracticalSignal]

I’d push back slightly on treating 13 days as a signal to offer low. Seller motivation matters more: a price cut, vacant property or failed earlier deal may tell you more than the counter alone, while a seller with no urgency may simply wait.

Build a small comparison set with completed sales, withdrawn stock and current new listings inside the same neighbourhood boundary. Note condition, original and latest asking prices, cut timing, and financing differences. If no close completed example exists, make the offer reflect the property’s defects and your financing position rather than applying a blanket discount.