October 2026 Real Estate Market: Eastern Townships vs Québec

In October 2026, Québec’s residential real estate market slowed: 7,440 residential sales, 13% fewer than a year earlier, and 22% more properties for sale (APCIQ through the Centris system). The Eastern Townships (Estrie) are holding up: single-family home sales there were flat (566 sales, 0%) while they fell 10% across Québec, and the median price reached $465,000 (+4%), almost on par with the provincial level (JLR). Here are the numbers side by side, and what they mean if you plan to sell or buy in the Eastern Townships this fall.

Did Québec’s market slow down in October 2026?

Yes. Residential sales were down 13% year over year, and 6% since the start of the year. Meanwhile, supply keeps rising: 45,130 properties were listed at the end of October, 22% more than in October 2025. Buyers have more choice and take the time to compare.

Prices, however, are holding (from -1% to +2% depending on the property type). The median price of a single-family home reached $501,000 (+2%) and the median condo price held at $400,000. Condos saw the sharpest drop: 19% fewer sales and an average of 57 days to sell, 9 more than a year earlier.

Source: APCIQ through the Centris system, monthly statistics, October 2026.

How are the Eastern Townships doing?

Better than average. In October 2026, 566 single-family homes were sold in the Eastern Townships (Estrie administrative region), exactly as many as in October 2025. Over 12 months, sales are down only 3% (5,913 sales), compared with 5% across Québec.

The median single-family price reached $465,000 in October (+4%), and $465,000 over the last 12 months as well (+7%). The median condo price was $390,750 in October (+22%), but on only 84 sales: the 12-month median, $345,000 (+5%), is a more reliable reading. Plexes of 2 to 5 units gained 10% in a year, to a 12-month median of $496,500.

Eastern Townships vs Québec: what really differs?

To compare apples with apples, this table uses a single source for both territories: sales registered at the Québec Land Register, compiled by JLR.

Source: JLR Solutions foncières, monthly report on the Québec real estate market, October 2026 (Estrie administrative region and province). Year-over-year changes.

Four takeaways:

• The Eastern Townships are resisting the slowdown. Single-family sales are flat while Québec’s are down 10%.
• Home prices are almost at the provincial average. The gap is only $5,000 in October ($465,000 vs $470,000), and $20,000 over 12 months ($465,000 vs $485,000).
• Condos and plexes remain clearly more affordable. A median condo costs $63,000 less than in Québec over 12 months, and a plex sells for $183,000 per unit, compared with a provincial average of $250,000: 27% less.
• Demand remains strong. The median Eastern Townships home sold for 129% of its municipal assessment, compared with 125% in Québec. Read with caution: assessment rolls do not all share the same reference date.

And Sherbrooke?

The Sherbrooke metropolitan area, which includes Magog, is pulling the region up. In October, the median single-family price reached $485,000 (+10%), above the Québec median, on 213 sales (-1%). Over 12 months, the median is $473,000 (+9%). Plexes sell for $231,250 per unit (JLR).

And Magog, on Lake Memphremagog?

Monthly statistics by municipality are not published. The most recent ones, for the third quarter of 2026, show a median single-family price of $614,000 in Magog (+14%) and a market that favours sellers below $860,000, but buyers above that price, with 12.3 months of inventory (APCIQ). All the details are in our Q3 report on Magog (in French).

What does the October 28 rate hike change?

The Bank of Canada raised its policy rate by 25 basis points, from 2.25% to 2.50%, on October 28, 2026. The increase first affects variable-rate mortgages and home equity lines of credit: some buyers’ borrowing capacity drops slightly. The next announcement is scheduled for December 9, 2026.

BEAU’s advice

Selling? With 22% more properties for sale in Québec than a year ago, buyers compare. In the Eastern Townships, demand is holding, but the right price from the first week and careful marketing make the difference. Buying? Condos and plexes, where supply is rising fastest (+17% and +30% active listings in Québec), leave more room for negotiation this fall. Want to know where your property stands? Request your evaluation or talk to a BEAU broker.

Frequently asked questions

What is the median home price in the Eastern Townships in October 2026?

$465,000 for a single-family home, up 4% year over year, based on sales registered at the Land Register and compiled by JLR. Over the last 12 months, the median is also $465,000 (+7%).

Is Québec’s real estate market slowing down?

Yes, in number of sales: 7,440 residential sales in October 2026, 13% fewer than in October 2025, and 45,130 properties for sale (+22%), according to the APCIQ. Median prices remain stable: from -1% to +2% depending on the property type.

Is it cheaper to buy in the Eastern Townships than elsewhere in Québec?

Slightly for houses ($465,000 vs $485,000 over 12 months), clearly for condos ($345,000 vs $408,240) and plexes ($183,000 per unit vs $250,000), according to JLR. In the Sherbrooke area, however, the median home was above the Québec average in October ($485,000).

Sources

• APCIQ through the Centris system, FSMI monthly statistics, October 2026 (province of Québec), published in November 2026.
• JLR Solutions foncières, Monthly report on the Québec real estate market, October 2026 (province, Estrie administrative region, Sherbrooke CMA).
• APCIQ through the Centris system, Residential barometer, Sherbrooke CMA, Q3 2026 (Magog sector).
• Bank of Canada, press release of October 28, 2026.

Methodology note: the APCIQ counts sales made through a broker on the Centris system; JLR counts sales registered at the Land Register, with or without a broker, often a few weeks after the promise to purchase is accepted. The two sources therefore give different numbers: we never mix them in the same table.

The statistics presented describe the market as a whole and do not reflect the value of any particular property. To find out the market value of your property, ask a real estate broker for a comparative market analysis.

Yanick Beaupertuis, residential and commercial real estate broker · BEAU Real Estate Team · eXp Realty