Keeping You Informed About The Lambeth London Ontario Real Estate Market
Every month I update the sales activity through MLS for all the houses, townhouses, townhomes and apartment condos that have sold along with sales per square foot for some properties, the days on the market to sell, plus a percentage of the asking price to the sales price.
Lambeth is a neighbourhood in the southwest of London, about 10 minutes to downtown on a good day, a bad day 12!
The 401 and 402 highways are 3 minutes away, and six golf courses are within a 20 KM drive! There is a newer shopping plaza at Colonel Talbot Road and Southdale Road West with groceries, a pharmacy, dining and fast food, banking etc.
Schools and churches are bountiful, along with professional services. Lambeth has homes from entry-level to executive properties and condos. Drive through Talbot Village for new houses and condos or off of Pack Road, Southwinds Village for some sprawling dwellings, or the Outer Drive area going south on Colonel Talbot Road or the heart of Lambeth, some quaint shops and a multitude of services.
In 2021, as of October 1, 193 houses in the Lambeth, Talbot Village neighbourhoods of London sold through MLS, averaging seven days to sell for a median of 105.73 % of the asking price, the lowest being $450,166 and the highest $2,250,000.
In 2021, as of October 1, five townhouses or townhomes in Lambeth sold through our MLS, averaging nine days on the market and selling for 113.31% of the asking price! The lowest being $556,000 and the highest $725,000.