Lambeth & Talbot Village London Ontario Real Estate All Homes For Sale on MLS, Updated Hourly!
In 2020, from January 1 to December 2, 209 houses in the Lambeth & Talbot Village neighbourhood in southwest London sold on MLS, averaging 22 days on the market, from a low of $346,000 and up to $2,700,000 and selling for 101.37% of the asking price! In the same period, five condos in Lambeth changed hands; the median days on the market were 4, selling for 102.45%of the asking price and from a low of $400,000 to a high of $535,000.
Lambeth in London, Ontario, continues to be a sellers’ market with very few resale homes for sale.
In 2019, 170 houses were sold through MLS in the Lambeth neighbourhood from as low as $299,900 and $1 850,000. 37 days was the average time on the market to sell for 99.94% of the asking price! Twelve condos were sold from $395,000 up to $910,000 for an average of 100.01% of the asking price and on the market a median of 21 days.
Tell Me More About Lambeth, Talbot Village, Southwinds
Lambeth is a neighbourhood in the southwest of London about 10 minutes to downtown.
The 401 and 402 highways are 3 minutes away, and within a 20 KM drive are six golf courses! There is a newer shopping plaza at the corner of Colonel Talbot Road and Southdale Road West with groceries, a pharmacy, dining and fast food, banking etc. As well as a newer neighbourhood called Talbot Village.
Schools and churches are bountiful, along with professional services. Lambeth has homes from entry-level to executive properties and condos. Drive through Talbot Village for new houses and condos or off of Pack Road, Southwinds Village for some sprawling dwellings, or the Outer Drive area going south on Colonel Talbot Road or the heart of Lambeth, some quaint shops and a multitude of services.
Selling A Home in Southwinds, or Talbot Village in Lambeth London Ontario
If The Price Is Not Compelling, The House Is Not Selling!
94.8% of home buyers surf the web to begin their home search. That means home buyers are well aware of what houses are available & selling for.
Today’s home buyers are wiser and have access to information such as sold prices, what’s for sale, even online valuations!
More than ever, the price is the key to selling a house in London, Ontario and the area. Some home sellers think that a higher rate will give them some negotiating room. But in fact, most buyers don’t even look at an overpriced property, much less make an offer on it. Too high of a price can lead to the house listing becoming tired.
The first question a home buyer asks when showing them a house is, “How long has this house been on the market?”
If it has been on the market for more than 20-25 days, buyers wonder if something is wrong with the property. After a while, the home seller then has to drop the price, taking less than they might have if they had priced it correctly the first time!
Homes that are well-priced attract buyers in their price range.
If the buyer’s perception is that the property is a good buy, then the seller is positioned to receive the listing price or close to it.
Again, If The Price Is Not Compelling, The House Is Not Selling!
Over the years, helping hundreds of home sellers successfully sell their homes, 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 look at, some sellers do or do not do disturbing. The unfortunate thing is that those sellers do not realize they are not maximizing their sold price, marketing, and exposure to 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!
2018 & 2017 Numbers
In 2018, 149 houses sold in the Talbot Village, Southwinds & Lambeth neighbourhood of London for a median price of $591,504, which was 99.08% of the asking price took 21 days on average to change hands.
Twelve condominium townhouses and townhomes in Lambeth sold in 2018 for an average of $479,900, which was 99.22% of the asking prices and sold within an average of 16 days.
Lambeth London Ontario houses & condos, including Talbot Village and Southwinds, set a record in 2017 with 232 homes selling for close to the asking price and taking about 20 days to sell on average, for condos in Lambeth, 8 sold, a median time to sell was 25 days and these sold for 98.62% of the asking price.
- London Ontario Homes For Sale
- Byron London Ontario Homes
- Downtown London Ontario Condos
- Hyde Park London Ontario Homes
- Lambeth Talbot Village London Ontario Homes
- Oakridge London Ontario Homes
- Pond Mills Glen Cairn London Ontario Homes
- Riverbend London Ontario Homes
- Summerside London Ontario Homes
- Sunningdale London Ontario Homes
- Westmount London Ontario Homes
- Wortley Village Old South London Homes