How is the real estate market in Mont- Tremblant in 2023? That’s the question I’ll be answering in this article.

In the past year, Canada’s central bank has dictated significant rises in its key interest rate to counter higher-thanusual inflation rates. This has caused a slowdown in the real estate market.

The Mont-Tremblant market, made up mainly of secondary residences, is different. You’ll find comparative statistics for between 2022 and 2023 below this article which show a slowdown, but to which I must add some subtleties.

It’s clear that we have left behind the sellers’ market in which almost every property sold in a few days. In 2023, we are in a three-tier market.

Tier 1: A sellers’ market for the rarer properties. In these situations, we can even find ourselves in situations with multiple offers, because demand is greater than supply and prices continue to rise.

Tier 2: A temperate market in which prices have fallen slightly or not at all. Supply and demand are in balance and prices are stable.

Tier 3: A buyer’s market. The supply is large, properties stagnate, purchasers have lots of room to negociate and prices have fallen from 10 to 15 per cent.

Message to both sellers and buyers: to have a solid fix on where things stand, ask YOUR broker in which tier of the market your property – the one you have or the one you want – is located.

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