Houses & Condos For Sale in The Glen Cairn Neighbourhood of London Ontario Glen Cairn Area London Ontario Real Estate Market
December 1, 2023 Glen Cairn London Ontario Real Estate Market Stats and For Chelsea Green
| Houses Sold in November 2023 12 | Apartment Condos Sold in November 2023 1 | Townhouses/Townhomes Sold in November 2023 3 |
| Houses Sold Year To Date 90 | Apartment Condos Sold Year To Date 20 | Townhouses/Townhomes Sold Year To Date 22 |
| Time on Market 25 days | Time on Market 32 days | Time on Market 23 days |
| Price Range $330,000 – $860,000 | Price Range $250,000 – $395,000 | Price Range $360,000 – $629,900 |
| % to Asking Price 99.42% | % to Asking Price 98.50% | % to Asking Price 99.03% |
If curious and would like to know what the houses and condos were selling for in this neighbourhood in prior years, scroll down this page and there you will see them!
Previous Home Sales in the Glen Cairn London Area
A Quick Glance At The Real Estate Market In London, Ontario From January 1, 2020, to October 31, 2023
In the four charts below, you can see the monthly supply of homes for sale has almost tripled, hence an indication of a buyer’s market. The median sales price and days on the market indicate that homes are realizing their value. Some may say prices are falling, but they are now valued at what they are worth! The quantity of homes sold indicates what the first three charts show, more homes for sale; hence, buyers do not have to go wild with their offers and make offers with conditions such as financing or a home inspection and, of course, when interest rates double, it eliminates the economically challenged.
October 1, 2023 Glen Cairn London Ontario Real Estate Market Stats and For Chelsea Green
| Houses Sold in September 2023 7 | Apartment Condos Sold in September 2023 1 | Townhouses/Townhomes Sold in September 2023 0 |
| Houses Sold Year To Date 71 | Apartment Condos Sold Year To Date 14 | Townhouses/Townhomes Sold Year To Date 17 |
| Time on Market 24 days | Time on Market 32 days | Time on Market 23 days |
| Price Range $330,000 – $860,000 | Price Range $250,000 – $395,000 | Price Range $360,000 – $629,900 |
| % to Asking Price 99.82% | % to Asking Price 97.67% | % to Asking Price 99.23% |
In 2022, 89 houses in the Glen Cairn and Chelsea Green area sold, averaging 15 days on the market and selling for an average of 109.52% of the asking price, with the sold prices ranging from $250,000 to $1,060,000. Twenty-five apartment condos sold, taking about 14 days to sell for 105.45% of the asking price, ranging from $280,000 to $475,000. There were 28 townhouse condos sold in Chelsea Green and Glen Cairn in 2022, averaging twenty-three days to sell for 113.26% of the asking price, ranging from $385,000 to $651,700.
In 2021, 140 houses in the Glen Cairn and Chelsea Green area sold, averaging ten days on the market and selling for an average of 115.02% of the asking price, with the sold prices ranging from $300,000 to $810,000. Fifty-eight apartment condos sold, taking about ten days to sell for 110.62% of the asking price, ranging from $220,000 to $400,100. There were 43 townhouse condos sold in Chelsea Green and Glen Cairn in 2021, averaging eight days to sell for 116.96% of the asking price, ranging from $375,000 to $550,000.