Limoges real estate market report

Real Estate Stats & Sold House Prices in Limoges

Statistics for the last 90 Days ending June 23, 2024 in Limoges

There were 24 homes sold in Limoges in the last 3 months, with an average price of $563,079, that's a decrease of 0.5% over this same period last year, and includes all house types.

Related Page: Homes for Sale in Limoges

Statistics for 2023 in Limoges

There were 79 homes sold in Limoges in 2023, with an average price of $546,460, that's a decrease of 6.5% over the previous year, this includes all house types.

Limoges  Historical Home Prices, with Percentage change over Previous Year.

Year # Sales Average Price % Change
2000 21 $101,021 -- 
2001 35 $131,166 29.8%
2002 32 $154,463 17.8%
2003 43 $177,600 15%
2004 44 $181,707 2.3%
2005 35 $189,510 4.3%
2006 29 $202,376 6.8%
2007 48 $224,974 11.2%
2008 49 $233,952 4%
2009 40 $245,713 5%
2010 59 $252,699 2.8%
2011 98 $281,897 11.6%
2012 72 $294,247 4.4%
2013 72 $284,783 -3.2%
2014 70 $302,053 6.1%
2015 75 $292,838 -3.1%
2016 91 $303,713 3.7%
2017 102 $311,252 2.5%
2018 107 $320,560 3%
2019 91 $357,672 11.6%
2020 113 $437,455 22.3%
2021 98 $571,274 30.6%
2022 81 $584,220 2.3%
2023 79 $546,460 -6.5%

Keep an eye on the real estate activity in Limoges. Get a home evaluation and set up a Market Report to see all new listings right away and see the average price for all homes that are listed.

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About Limoges

With the east and north sides located in The Nation Municipality and the west side in Russell Township, Limoges is 35 km east of Ottawa, between the towns of Casselman and Embrun. According to Census 2021, there were 2,213 residents, up 8% from 2016, with a median age of 36 years.

Residents tend to visit nearby towns like Embrun, Casselman, Orleans or Ottawa to make their main purchases, but have the opportunity to visit their Dépanneur du Village general store for convenience purchases.

With the pandemic beginning in March, 2019, came the need to lock down at home, so residents flocked from the city to the suburbs and to rural towns. Such is the case with Limoges.

As you'll see from the table above, the average price of homes jumped up 22% in 2020 and 30.6% in 2021, showing that higher demand for rural properties and lower inventory in a seller's market served to drive this price increase.

Housing developments are continuing to be built in Limoges and if the work-from-home trend continues, this may also drive the need for more big-box brands to serve the community.   

Home to Calypso Waterpark - Canada's largest theme waterpark with the tallest waterslide and largest wave pool, that can accommodate 22,000 visitors per day and 400,000 per season which runs from July - September.

A must-experience gem in Limoges is Mana Centre in the beautiful, sustainable, man-made Larose Forest. It offers 60 km of mountain bike trails and 20 km of fat bike groomed trails. You can rent a bike or choose from nature-based therapy programs like hiking, yoga or group activities. You can have your bike repaired or learn how to do it yourself.