Old South London Wortley Village Real Estate Sale Prices Set a Record Again!

•     In 2020, 186 homes in Old South London sold through MLS, averaging 7 days to sell for a median of 102.17%% of the asking price from a low of $246,000 to a high of $1,500,000. 9 condos in Old South London changed hands in the same period; the median days to sell were 19 for 103.51% of the asking price from a low of $139,000 to a high of $472,000.

As you can see, houses in Old South Wortley Village sell quickly and above the asking price! With a shortage of homes to sell, buyers must be more assertive, and for sellers, opportunity knocks!

•    In 2019, 229 houses changed hands in the Wortley Village, Old South London neighbourhood, from $230,000 up to $1,120,000, taking sixteen days to sell on MLS at a median 103.13% of the asking price. Eight condominiums changed hands in the same period through MLS, a low of $152,100 and a high of $499,000, averaging eight days on the market and selling for 101.22% of the asking price.

• In 2018, Wortley Village Old South London Ontario real estate sales were robust with 196 single-family houses being sold for an average price of $404,718, 102.28% of the asking price and the median time on the market was 20 days! 13 Wortley Village condominiums changed hands averaging $309,902 selling price, which was 97.46% of the asking price, condos in Old South London took about 35 days to sell.

  The character and charm of this great London neighbourhood attract home buyers, and the people who do live in Old South love the ability to walk and shop in the Wortley Village core, with tree-lined streets and very few cookie-cutter homes.

                  Wortley Village  in Old South London

Wortley Village is in the heart of Old South London.

Nearby is Thames Park, which provides recreational activities, including four tennis courts, playground equipment, an outdoor pool,  picnic areas, and access to London’s riverside bike and walking trails. There are  80 plus small businesses and establishments. The new YMCA has proven to be quite popular and another drawing card for Old South London.

The Old South Wortley Village Business Association does an excellent job of hosting and presenting community events.