The Real Estate Market in Byron London Ontario
In 2023 as of May 1, forty-seven houses sold in Byron London from $520,000 to $1,950,000, which averaged out to 97.72% of the asking price, and these were on the MLS system an average of thirty days before selling. Six apartment condos sold from $300,000 to $982,500 and took about thirty-two days to sell. Sixteen townhouse condos sold, ranging from $390,000 to $757,000, which was 99.52% of the asking price and took, on average, twenty to sell through MLS.
In 2022, 180 houses in Byron London sold through MLS, and the average number of days they were on the market before selling was sixteen, up eight days from the Spring of 2022. These 180 houses in Byron sold for 109.25% of the asking price, ranging from $490,000 to $3,450,000. Eighteen apartment condos sold, the average days on the market were eleven, and the average sold prices were 108.98 % of the asking price, with the sold prices ranging from $299,000 to $1,211,000. Forty-five townhouses or townhomes sold in Byron London, with the average days on the market to sell being fifteen, again three times as long as in the Spring of 2022, with the sold prices ranging from $439,000 to $980,000, which were an average of 110.15% of the asking price!
