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What Did Home Prices in London Ontario Look Like in August 2022

607 residential homes sold in August 2022 in the London and St. Thomas Association of Realtors (LSTAR) area. Up 93 units from July, 2022!

An Update On The Real Estate Market London Ontario

The following table shows how August’s average home sales prices in LSTAR’s main regions compared to the benchmark prices for the same areas.

AreaAugust 2022 MLS® HPI Benchmark PriceAugust 2022 Average Price
Central Elgin$609,700$731,641
London East$488,900$504,787
London North$714,600$777,251
London South$594,200$630,632
Middlesex Centre$851,000$1,335,846
St. Thomas$520,600$582,851
Strathroy-Caradoc$719,800$570,692
LSTAR$599,500$648,036

The following table shows the August benchmark prices for all housing types in LSTAR’s jurisdiction and how they stack up against the values from the previous year.

MLS® Home Price Index Benchmark Prices
Benchmark TypeAugust 2022Change over August 2021
LSTAR Composite$599,500↑ 0.5%
LSTAR Single-Family$637,600↑ 0.0%
LSTAR One Storey$576,100↑ 1.9%
LSTAR Two Storey$679,600↓ 0.9%
LSTAR Townhouse$511,700↑ 1.4%
LSTAR Apartment$421,600↑ 5.4%

Below are home prices across Canada

For what is for sale now in the London Area, I have prepared a few links for you below:

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Ty Lacroix

Founder & Owner & Broker of Record of Sutton Group Envelope Real Estate Inc, That's all I can say about me! You see, this is about you, not me; you do not want to hear blah blah stuff about awards, designations or that we walk older people across the street, the reincarnation of Mother Teresa, walk on water or anything else to impress you. We let the numbers speak for themselves; you see, success leaves clues!

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