From January 1 to July 12, 2019, 63 houses were sold in this neighbourhood through our MLS system, from a low of $199,900 up to $515,000, selling on average a whopping 106.90% of the asking price and taking on average 12 days to sell.
In the same period, 25 apartment condominiums & townhouses sold, from $154,900 to $300,000, selling for 105.97% of the asking price and taking a median 14 days to sell.
With some of the lowest prices in the city along with a shortage of homes for sale in London, this neighbourhood is in demand as the prices and days on the market indicate.
Pond Mills Glen Cairn real estate in 2018 set record prices with 120 houses selling through our MLS system for a median price of $307,262 which was 104.92% of the asking price and to top things off, sold in a median 13 days!
88 Pond Mills condominium residences sold in 2018, from townhouses to apartment style, taking an average 14 days to sell for $185.841 and get this, that was 105.70% of the asking price!
As you can see, Glen Cairn Pond Mills has attractive home prices, and the neighbourhood has a lot going for it, take a drive, you may be surprised!
Why do people like to live in the Pond Mills, Glen Cairn neighbourhood in south-east London Ontario?
Pond Mills and Glen Cairn offers a wide variety of house styles, most with larger lots than the norm and some of the best values for the dollar in London Ontario. For condos in Pond Mills, there is a highrise apartment, some low rise apartment condos on Deveron and some great townhouse condos at a reasonable price.
Pond Mills Glen Cairn in London offers all the amenities that London has to offer, plus, easy access to the 401 highway via either Highbury Ave South or Veterans Memorial Parkway.
You also have 203 hectares of Westminster Ponds /Pond Mills Environmentally Significant Area(ESA) and is the largest publicly owned ESA in London.
The ponds and the 10.5 km Westminster Ponds Trails are south of Commissioners Road and east of Wellington Road, behind the Tourist Information Centre, and across from Shoppers Drug Mart at Adelaide and Southdale and eastward to Pond Mills Road.