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
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