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La Cité-Limoilou house market — August 2026

Based on 5 actual sales · CourtiConnect

Median price
$500,000
18.7% vs previous month
Average price
$484,800
Min $360,000 · Max $600,000
Sales count
5
August 2026
Period covered
August 7–31, 2026
Dates of the 5 sales included

Market context: house in La Cité-Limoilou

In August 2026, La Cité-Limoilou registered five recorded residential sales, establishing a median price of $500,000 for the neighbourhood. This median stands approximately 5.3 percent above the trailing twelve-month median for all of Québec, which reached $475,000 across 1,545 documented transactions. The neighbourhood therefore positions itself as a more expensive pocket within the broader city market, reflecting either higher demand, distinctive housing stock, or favourable locational characteristics that command a premium relative to the municipal average. The average days on market for these properties was 29 days, a figure that suggests a relatively brisk sales cycle. Properties moving to sale within this timeframe typically indicate steady buyer interest and moderate market momentum, neither showing signs of exceptional urgency nor extended holding periods. This pace reflects a market where listings attract reasonable attention and where buyers and sellers are able to reach agreement within a moderately expedited window. Among the five documented sales in the neighbourhood, the average sale-to-asking price ratio was 1.002, meaning that properties sold slightly above their listed asking prices on average. This ratio, while based on a limited sample, hints at modest buyer pressure or at least balanced negotiating conditions where sellers retain some leverage. The ratio's proximity to 1.0 indicates neither strong seller dominance nor buyer advantage, but rather a relatively equilibrated market dynamic across these documented transactions. The building profile in La Cité-Limoilou reflects substantial maturity, with 100 percent of the five sales involving properties constructed before 1980. The neighbourhood is therefore characterized entirely by older housing stock within this sample, typical of established central or near-central urban areas of Québec. This construction profile carries implications for potential renovation requirements, building systems upgrades, and the general character of the housing supply. All five documented sales in the neighbourhood were concluded without a legal warranty of quality, a circumstance that represents a standard due-diligence consideration for purchasers in this market. Buyers acquiring properties under such terms are advised to conduct thorough inspections and standard property checks to assess condition, structural soundness, and system functionality before finalizing their purchase decision. For buyers entering this neighbourhood, the 29-day sales cycle and asking-price performance suggest a market where properties warrant careful evaluation within a reasonably compressed decision window. For sellers, the neighbourhood's 5.3 percent premium over the city median indicates potential market receptivity, provided properties are appropriately presented and priced. To evaluate a specific property or understand how an individual home might position itself within these market dynamics, consider using a detailed real estate estimator tailored to La Cité-Limoilou's current conditions.

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