In 2018, 232 houses sold in the Oakridge London Ontario neighbourhood through our MLS system for a median 103.25% of the asking price which was $475,189 and these took on average 17 days to sell. The lowest was $310,000 and the highest $818,000.
94 townhome or townhouse condominium residences sold in 2018 at an average $402,942 which was 101.19% of the asking price and were on the market a median 16 days, the lowest price being $365,000 and the high was $456,000.
Scroll down the page if you would like to know what houses have been selling for, what they sold for on a particular street or area.
What do these numbers indicate? Buyers are willing to buy, and seller's who price their homes at the market price will get 99-101% of their asking price. Pretty simple, yet, I hear of buyers who think they can get 10-15% off the asking price and a few misguided sellers who think their home is worth more than the other homes that have sold in their neighbourhood!
Three hundred thirty-six houses in Oakridge London Ontario were sold through MLS in 2017 for a median selling price of 102.8% of the asking price, and these took about seven days to sell.
One hundred thirty condos in Oakridge sold as well, from apartment style to one and two-floor townhouses & townhomes. These were on the market for a median of 13 days and sold for 101.81% of the asking price!
More and more people are returning to their roots, buying these homes in Oakridge where they grew up, having large, deep lots and renovating them to meet their ageing lifestyles. I have had many clients buy these 60's and 70’s homes and upgrade them with modern kitchens, larger bedrooms and bathrooms.
Oakridge Acres, Oakridge Meadows & Oakridge Park are neighbourhoods in north-west London (with a few small patches of 10-year-old or less ) with large lots, mature trees and very few cookie cutter streets.
Oakridge London Ontario Neighbourhood by the City of London
Some Condo Properties in Oakridge in London Ontario
Other London Neighbourhoods