La Cité-Limoilou plex market — June 2025
Based on 8 actual sales · CourtiConnect
Market context: plex in La Cité-Limoilou
The plex market in La Cité-Limoilou recorded eight sales in June 2025, establishing a median price of $717,500 and an average price of $665,500. This neighbourhood commands a premium relative to the broader Québec market, where the median plex price over the trailing twelve months stood at $642,000 across 66 sales; La Cité-Limoilou's median sits 11.8% above the city-wide figure, reflecting its distinctive appeal within the larger housing landscape. Properties in this neighbourhood moved at a moderate pace, with an average of 39 days on market. This timeframe suggests a reasonably balanced market dynamic, where inventory does not linger excessively nor disappear instantly. For context, this pace indicates neither urgency nor prolonged exposure, positioning the neighbourhood in a steady rhythm that gives both buyers and sellers adequate opportunity to engage in deliberate decision-making. Analysis of documented sales reveals a sale-to-asking price ratio of 1.010 across seven documented transactions, meaning properties sold slightly above their listed asking prices on average. This modest premium to asking suggests relatively balanced negotiating power between buyers and sellers, with neither party commanding overwhelming leverage in concluded deals. The building stock in this neighbourhood reflects considerable age, with 100% of analyzed sales involving properties constructed before 1980. This characteristic underscores La Cité-Limoilou's established residential character and the prevalence of older housing stock, a defining feature of this historic sector of Québec. A noteworthy observation for prospective buyers is that 75% of concluded sales involved transactions without a legal warranty of quality. This prevalence reflects standard real estate practice and underscores the importance of conducting customary due diligence, including property inspections and standard checks, as part of the acquisition process. For buyers, the neighbourhood's premium pricing relative to the city suggests selecting properties that align closely with personal priorities and building condition. For sellers, the modest sale-to-asking ratio indicates that appropriately priced properties attract competitive interest within the market. To explore current valuations and market conditions in La Cité-Limoilou further, consider using the real estate estimator tool to assess specific properties and market trends.