Keeping You Informed About The Wortley Village Old South London Ontario Real Estate Market
Every month I update the sales activity through MLS for all the houses, townhouses, townhomes and apartment condos that have sold along with sales per square foot for some properties, the days on the market to sell, plus a percentage of the asking price to the sales price.
The character and charm of this great London neighbourhood attract home buyers, and the people who 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 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.
In 2021, as of September 2, 172 houses in Old South London, including Wortley Village, sold through MLS, averaging ten days on the market and selling for 112.20% of the asking price, the lowest $375,000 and the highest $2.050,000.
In 2021, as of September 2, nine apartment condos sold in Wortley Village in Old South London, averaging 17 days on the market and selling for 106.15% of the asking price. The lowest was $267,900; the highest was $544,900, with the average price per square foot $391.00.
In 2021, as of September 2, five townhouse condos in Old South sold, averaging 13 days on the market and selling for 103.96% of the asking price, the lowest $450,000, the highest,$630,021.