As of October 8, 2017, the average days on the market for a house or condo to sell in the Westmount area of London was 19 days, for a breakdown of sale prices to asking prices and more, contact me for more detailed information:
I can give you :
- Days on the market vs List Price Median for the last 10 years
- Historic count of active listings
- Historic sales for the last 10 years
- Historic sales price trends
- Historic sales and price range
- Original price vs sold price
- Sale price / listprice ratios
Why is this information important? Whether you were buying or selling, these numbers will give you peace of mind of the neighbourhood trends, plus, a confidence level for price, expectation levels for negotiating and about 8 other advantages I can help you with.
Our knowledge of the market, our ability to get hard facts and not assume anything or give an opinion that could be biased is the cornerstone of our business and the reason why our volume of business and referrals are growing exponentially.
Oh, a hard work ethic makes a huge difference as well!
166 houses sold through MLS in the Westmount neighbourhood of London Ontario in 2016 for as low as $249,900 and as high as $789,900 and regardless of price, these houses took about 23 days to sell and about 99.2% of the asking price!
93 condos in Westmount changed hands as well, from $77,000 for a low rise apartment condo and up to $439,900 for a town home condo. These condos sold for 99% of their asking price and were on the real estate market for 33 days which was in line with what other condos in London did.
2016 was a record year for real estate sales in London Ontario and area and Westmount was no exception, other than home buyers are experiencing a shortage of good homes for sale.
In 2015, 160 houses sold in Westmount in south west London Ontario through MLS for an average selling price of $378,515 which was 98% of the asking price and these took about 33 days to sell.
107 condos in Westmount were sold through our MLS system for an average price $185,872 and took on average 42 days to sell.
The Westmount neighbourhood in London Ontario has a combination of newer and older houses and condos and actually 3 very distinct areas.
City of London profile of the Westmount Neighbourhood
More London Ontario Neighbourhoods