Hyde Park London Ontario Houses & Condos Not All Realtors Are The Same
Hyde Park London Ontario houses & condos are located in a neighbourhood in North West London, with Fanshawe Park Road West to the north Hyde Park Road & Sarnia Road centres the area and east of Wonderland Road north, all the way to the south-west corner of Oxford Road W.
In the first six months of 2020, 101 houses in Hyde Park were sold through our MLS system, the lowest being $285,000, the highest $725,000 and taking 15 days on average to sell. For condos and townhouses, 43 changed hands from a low of $250,000 and up to $527,000 and taking 15 days to sell. Both houses and condos sold for asking price or above.
281 houses were sold through MLS in the Hyde Park London Ontario neighbourhood in 2019, from a low of $238,000 and as high as $825,000, taking about 30 days to sell for 101.65 of the asking price.
For townhouses and apartment condos, 106 changed hands in 2019, from a low of $235,500 and up to $630,000, selling for 101.66% of the asking price and on the market an average 26 days!
In 2018, 245 houses in Hyde Park sold for a median price of 102.19% of the asking price and these took about 22 days to change hands at an average price of $429,302.
For condominiums in Hyde Park, including apartment-style and townhouses 98 sold in 2018, for a median price of $299,553, which was 101.54% of the asking price and took about 25 days to trade.
When we see less than three weeks on the market for a home to sell, and sold prices being close or above the asking price, that means it is a seller’s market in London and especially this neighbourhood.
Buying a House In Hyde Park London Ontario
As a home buyer in London, Ontario and area, being your first time or your 5th, most buyers face at least one of these situations.
Is there a more natural way? Not really! I believe these are all prime concerns because you are spending hundreds of thousands of dollars. You should be very cautious about how you proceed.
There is no need for a buyer to have this uncertainty and fear of the unknown. If you take a deep breath and get the facts and not opinions on price and neighbourhoods around London, Ontario, the home buying process will at least be more transparent.
Basing your decisions on logic and controlling your emotions goes a long way in ensuring the home you buy will be a wise financial decision. The hundreds of buyers we have helped sure think so because they told us.
Does it not make sense that for you to make one of the most critical decisions in your life, you may want to be well informed and protected?
What Price Do You Pick When Deciding To Sell A Home in Hyde Park, London, Ontario?
What price do you choose when deciding to put your house or condo for sale on MLS? I won’t go into the debate about “free advice,” you know what I mean, your hairdresser, co-worker, Uncle Ted, who knows everything about everything, your financial advisor, or the “Free Market Evaluation” postcard or online generalities you get bombarded with every day.
Below are a few things you may want to give considerable thought to:
There is a better way!
Over the years helping hundreds of home sellers successfully sell their home, we designed a series of checklists, a set on pricing, a series on the process and what to expect, from start to finish, the good and the bad. Our clients love it, and I thought that you might as well.
You see, we also work with hundreds of buyers as well, and if you saw or knew what we see daily, you most likely would be shocked! The unfortunate thing is, those sellers do not realize they are not maximizing their sold price, their marketing and exposure of their home.
There are little subtle things that start to add up and, if not checked in time, can mean the difference between your asking price & actual sale price and how much longer it will take your home to sell, not sell or unnecessary problems that can occur!
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