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    All London Ontario Homes For Sale MLS Londoners Get Their Real Estate Advantage Here

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    All The Houses & Condos For Sale in London Ontario on MLS, Updated Hourly

    June 2020 Home Sales in London Ontario Up 13.8% Over 2019

    The London and St Thomas Association of Realtors (LSTAR) reported that 1,188 homes sold in the area through MLS up 13.8% from June 2019 and 11.7% more than 2018.

    house graphics London Ontario Real Estate Market

    June’s volume of residential real estate transactions was remarkable:

    • Middlesex County and Strathroy had their best June ever, with 99 and 39 home sales respectively;
    • St. Thomas and Elgin County recorded their second-best June, with 97 and 77 home sales respectively;
    •  London’s 748 home sales were right on par with the average June sales.

    Overall, the number of home listings increased in June to 1,513, up 3.4% over June 2019, but the inventory – the number of active listings at month end – decreased to 1.3 months of inventory, its lowest value in the last ten years.

    A 78.5% sales-to-new listings ratio recorded in June 2020 demonstrates ha the real estate market is Sellers’ market!

    The overall average home price rose to $473,998 in June, an increase of 17.8% over a year ago. This average sales price includes all housing types – from single-detached homes to high-rise apartment condominiums. All five major areas across LSTAR’s region witnessed gains in their everyday home sales price. The following table illustrates last month’s average home prices by sector and how they compare to the values recorded at the end of June 2019.

    Area June 2020 Average Sale Price Change over June 2019
    Elgin County $445,220 ↑ 32.6%
    London $486,372 ↑19.3%
    Middlesex County $547,444 ↑ 9.8 %
    St. Thomas $382,862 ↑ 8.5%
    Strathroy $425,277 ↑ 14.7%
    LSTAR $473,998 ↑ 17.8%

     

    • The average home price in London East was $378,880, up 16.5% from 2019
    • London North increased 15.6% over June 2019 to $563,957.
    • London South – which also includes data from the west part of the City – the average home price was $500,453, up 24.1% over June 2019.
    • St. Thomas saw an average home price of $382,862, an increase of 8.5% from last June.

    According to a report by the Canadian Real Estate Association (CREA), last month, in London, the median number of days that a home was on the market was 9 – down from 10 days in June 2019.

    • Elgin County, the median number of days on the market was 18 – down from 21;
    • St. Thomas was 8 – down from 11;
    • Strathroy was 18  – up from 11;
    • Middlesex County was 13 – the same in June 2019.

    The following table is data taken from the CREA National Price Map for May 2020 (the latest CREA statistics available). It provides a snapshot of how home prices in London and St. Thomas compare to some other major Ontario and Canadian centres.

    Average home prices in Canada at the end of May 2020
    *Areas displaying MLS® Home Price Index benchmark prices; all other areas show average prices

    Where are the London Ontario Homes For Sale? What neighbourhoods? What are the prices, are they trending up or down? What about apartment condos, townhouses or one-floor townhomes? Throughout this site we keep Londoners informed, take your time, search the menus, search the listings, they are updated instantly!

     

     

     

     

     

    Working & Growth in London Ontario

    conservative couple in London Ontario

           Stodgy London, Ontario? Conservative London, Ontario? Passive, moderate, a university city, industrious, medical, science, forest city, golf central, old vs. new, parks, recreation, welcome to London!

    London’s economic growth over the past few years, the affordability of housing and the midway point between the GTA and Detroit has been a beacon for both the young and the retiree to live in London.

    Education, science, manufacturing, tech and social newcomers have attracted and are attracting all age groups, which in turn supports the new restaurants, retail, professional services that depend on a currency of new ideas and the vitality of vigorous activity.

    The result is a diverse, eclectic, exciting and vibrant mix of people who make this city a beautiful, safe city to live in!

    The links below are a start for you to discover London Ontario, even if you live here, have visited once or were educated here, open up, don’t block, look at this city as a gift, it may not have everything that we perceive as we want. Still, embrace it, London is alive & flourishing.

    click the links below

     

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    All The Houses & Condos For Sale in London Ontario on MLS, Updated Hourly

    Londoners Care

      Londoners have a rich history of volunteering and community involvement. With National Volunteer Week being in April, I thought I would pat those volunteers on the back!

    Most donors and volunteers are active because of what is in their hearts, not the visibility in the press or self-promotion.

    Londoners Help

    A recent survey carried out by Stats Canada found that London’s volunteer rate is at 60%, which is well above the Canadian average of 46%. In Ontario, it is the highest of any other city or community!

    On average, London volunteers contribute 153 hours to volunteering with a nonprofit or voluntary agency each year and the economic value is an incredible 672 million dollars

    .Volunteers in London Ontario

         London, Ontario, sustains over 1200 nonprofit groups and charities. So, what are you doing this week?

    Help someone, call someone, smile at someone, help an old lady across the street, help a young lady across the street, feed the birds, pick up some litter, pat a dog, instead of giving the finger to someone, give a wave and a smile, that will upset them!

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