Houses in Lambeth London Ontario, Talbot Village and Southwinds have been selling very quickly in 2017 with prices up and the days to sell down! This is called a seller's market!
- March prices were 101% of the asking price and 21 days on the market
- February prices were 127% over the asking price and about 30 days to sell
- January sah houses get the asking price and these sold in about 31 days
As you can see, great if you are selling and if you are a buyer, if you really take the time to know the market and try to keep emotions out of the picture, your purchase strategy will prevent you from overpaying.
142 houses in the Lambeth, Talbot Village, Southwinds Village neighbourhood in London Ontario were sold in 2016 from as low as $284,000 to $2,400,000 and these were on the market an average 38 days and sold very close to asking price!
4 condos were sold for an average $432,594 as per our MLS. These took about 18 days to sell!
113 houses changed hands in Lambeth and Talbot Village neighbourhood in south London in 2015 for an average price of $447,162 and sold for 97% of the asking price and took on average 44 days to sell!
In the same period, 8 condos sold at an average price of $380,475 which was 2% less than the asking price and were on the market an average 60 days.
2014 was quite active for Lambeth houses and condos with 119 houses exchanging hands for an average price of $412,343 and these sold for 97% of the asking price and sold within 42 days!
9 condos sold in the Talbot Village area at an average $395,333 and these were on the market an average 59 days and sold for 99% of the asking price.
More London Ontario Neighbourhoods
Lambeth is a neighbourhood in the south west of London about 10 minutes to downtown.
The 401 and 402 highways are 3 minutes away and within a 20 KM drive are 6 golf courses! There is a newer shopping plaza at the corner of Colonel Talbot Road amd Southdale Road West with groceries, a pharmacy, dining and fast food, banking etc. As well a newer neighbourhood called Talbot Village.
Schools and churches are bountiful along with professional services. Lambeth has homes from entry level to executive homes and condos. Drive through Talbot Village for new houses and condos, Southwinds Village for some sprawling homes, or the Outer Drive area going south on Colonel Talbot Road or the heart of Lambeth, some quaint shops and a multitude of services.
Lambeth Public School
St. George Catholic School
Saunders Secondary School
Regina Mundi Catholic College
St. Thomas Aquinas Catholic Secondary School
Lambeth Minor Hockey
Lambeth Youth Soccer
London Area Sportsfields
Forest City Community Church
New Hope Community Church
St.George Roman Catholic Church
Trinity Anglican Church