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Low Inventory Of Homes in Byron London Ontario Creates a Seller’s Market

 Low Inventory Of Homes in Byron London Ontario Creates a Seller’s Market

The Byron London Ontario real estate market is experiencing a seller’s market. The inventory of houses and condos listed for sale is meagre, and if able, this may be the time to take advantage of the large numbers of buyers currently competing to purchase a home. You can see by the 2021 numbers below that results do not lie, and there are very few properties for sale in London Ontario & especially Byron and the area!

Byron London Ontario Real Estate Sold Prices 2021

Byron London Ontario Real Estate Houses & Condos

  In 2021, 207 houses in Byron, London Ontario sold through MLS, averaging 12 days on the market and selling for 112.93% of the asking price. The low being $480,000 and the highest,$2,125,000!

Twenty-two apartment condos in Byron exchanged hands, averaging 26 days on the market and selling 100.77% of the asking price. The low being $375,000 and the high $835,000. The median price per square foot was $408.00.

Sixty-three townhouse condos & townhomes in Byron London sold through MLS, averaging eight days on the market and selling for 113.23% of the asking price. The low being $341,000, the high being $811,000. Read More

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Ty Lacroix

"Not All Realtors Are The Same"! This website and content are for you and are designed and constantly upgraded with the latest real estate trends, how-tos, and what is for sale on MLS. Our primary focus is guiding home buyers and sellers to make good decisions. We believe selling real estate is a process, not an event or knee-jerk reaction; we sleep well at night and ensure our clients do as well! We are not for everybody, nor can we please everybody, nor do we tell people what they want to hear; I know that may be old-fashioned and boring, but we are dealing with hundreds of thousands of your hard-earned money. Would you rather be happy, excited and bored or unhappy, excited and make a poor choice? About Ty I am a Broker with Sutton Group Preferred Realty Inc., Brokerage and the team leader for The Envelope Real Estate Group, that's enough about me! You see, this is about you, you do not want to hear blah blah stuff about awards, designations, or that we walk older adults across the street (I used to help old ladies cross the street, but as I got older I did not want my wife to think I was flirting) the reincarnation of Mother Teresa, walk on water or anything else to impress you. We let the numbers speak for themselves; success leaves clues!

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