Did You Buy Your Home Before the Pandemic?

If so — you’re sitting on a gold mine!

The numbers speak for themselves.

There’s no doubt that the pandemic was extremely beneficial for homeowners in the Laurentians — especially those who purchased within the last five years, and more specifically, before March 2020.

When the Pandemic Began…

When COVID first hit, we honestly thought our real estate careers were over.

We said to ourselves:

“That’s it — no one will want to buy a vacation home in such uncertain times!”

Little did we know what the coming months — and years — would bring.

By May 2020, the real estate landscape in the Laurentians had completely transformed.

The Laurentians: THE Destination!

Almost overnight, our region became the destination of choice.

At first, homes were still affordable, and there were plenty of cottages available. But it didn’t take long for people to realize what made the Laurentians so special:

The perfect blend of remote work and chalet living.

What could be better than working comfortably from home while enjoying the peace, beauty, and recreation that our incredible region has to offer?

Many buyers who had only planned to one day buy a cottage up north decided to make the move sooner than expected.

And those who sold their properties in Montreal? They benefited from record-breaking sale prices, giving them exceptional purchasing power in the Laurentians.

The Numbers Don’t Lie

We’ve seen historic growth across the region:

  • Saint-Sauveur area (including Saint-Adolphe-d’Howard, Morin-Heights, Piedmont, Sainte-Anne-des-Lacs, and Prévost)
    Average single-family home prices have risen by 91% in the past five years!
  • Sainte-Adèle area (including Val-Morin, Val-David, Sainte-Marguerite-du-Lac-Masson, and L’Estérel)
    An 89% increase in five years.
  • Sainte-Agathe-des-Monts area (including Lantier, Val-des-Lacs, and Saint-Donat)
    A 66% increase in five years.

These are truly unprecedented numbers — and they show just how much property values have soared since before the pandemic.

What’s Next?

As we look to the current market, the balance between supply and demand continues to favor sellers. Inventory remains low, and strong buyer demand keeps prices high.

Sellers are still achieving excellent sale prices, while buyers face fierce competition — often going up against multiple offers for newly listed homes.

Picture of Anne Léger

Anne Léger

Residential & Commercial Real Estate Broker | Team Leader – Tremblay Léger Team | Serving the Laurentians since 2005

The latest posts