Market Watch

 

London Ontario real estate market report

Updated  February 3rd, 2012

The London and area real estate market is described as balanced.Home Evaluation

Balanced Market: In a balanced market, the number of homes for sale satisfies the demand. Characteristics of this market include houses selling within a reasonable time period, sellers accepting reasonable offers and stabilized prices. The atmosphere is usually more relaxed.

Average Home Prices 2002  to present

Year to date sales volumes also reflect the health of our real estate market

The orange line represents the 10 year average

How does home affordability in London compare to other major centres?

Quite well! Take a look at December’s Average Prices

 

Disclosure Statement: Although the Information displayed is believed to be accurate, no warranties or representations are made of any kind.

The London and St. Thomas Association of REALTORS® represents nearly 1,500 real estate brokers and sales representatives from Middlesex and Elgin Counties. As members of the Canadian Real Estate Association, LSTAR members may use the REALTOR® trademark, which identifies them as real estate professionals who subscribe to a strict code of ethics. The Association operates the local Multiple Listing Service® (MLS®) and provides ongoing professional education courses for its members. It also participates in the Ontario Real Estate Association’s Quality of Life program.

MLS® is a registered trademark of CREA the Canadian Real Estate Association

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About Warren Strong

Warren Strong, Sales Representative Sutton Group Preferred Realty Inc., Brokerage, Independently Owned and Operated 181 Commissioners Rd W., London, ON N6J 1X9 519-438-2222 (office) 519-495-8700 (direct)

Warren Strong is a full time Realtor working with Ontario’s largest independent Sutton office, Sutton Group Preferred Realty Inc . Brokerage.

A life time resident of London, I am extremely familiar with London neighbourhoods and the surrounding area. My business is focused strictly on the residential home and condominium market.

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About Sutton Group Preferred Realty Inc

We are Ontario's second largest independent Sutton office with over 155 energetic Realtors. We at Sutton Group Preferred Realty Inc., believe in supporting and encouraging our Realtors to be the very best they can be! We take pride in providing excellent service, continuous support, extensive training and mentoring, up-to-date information and the latest technology available; all key functions of a highly professional brokerage. Sutton Group Preferred has grown into a leader in the Real Estate industry due to the success and professional approach of our sales force, who are proud to serve their communities in over 20 languages.

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