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Summerside London Ontario Houses & Condos Real Estate Market Summerside London Ontario For Houses & Condos

Summerside London Ontario Houses & Condos

Summerside London Ontario Neighbourhood Map Boundaries

In 2021, 124 houses in Summerside London sold through MLS, averaging 106.77% of the asking price and a median of nine days on the market, the lowest being $435,000, the highest $1,200,000.

  Thirty-seven townhouses & townhomes in Summerside sold as well, averaging eleven days on the market and selling for 107.51% of the asking price, with the lowest being $401,100 and the highest at $700,000. 

Three apartment-style condos sold at 3320Meadowgate, the lowest for $376,246 and the highest for $444,000, the average price per square foot was $331.00

  • In 2020, 156 houses in Summerside London were sold through our MLS system, averaging 18 days to sell for 101.9% of the asking price, the lowest being $365,500, and the highest was $963,000.  Forty-nine townhouses in Summerside were sold, averaging 101.5% of the asking price, taking 18 days to sell, the lowest for $280,000 and the highest, $481,000.

For prior years, go to the bottom of this page.

Summerside London Ontario Real Estate is a Seller’s Market

The real estate market in Summerside London Ontario is experiencing a seller’s market. The inventory of houses and condos listed for sale is meagre, and if able, this may be the time to take advantage of the large numbers of buyers currently competing to purchase. You can see by the 2021 numbers above that results do not lie, and there are very few properties for sale in the Summerside London neighbourhood!

There are several reasons to consider selling your home in London within the next few months. First, the convenience of selling within seven to ten days always makes the process less burdensome. It is equally appealing for buyers who are seriously looking to purchase, and they come pre-qualified for financing. Buyers are also more flexible about a closing date to accommodate the seller’s preferred timing. Of course, a well-priced house or condo will generate multiple offers that typically net the highest price.

Don’t wait for the right opportunity; create it.

  7 Key Points To Sell  Your Home & Get The Results You Deserve!

Serving Summerside London Ontario Home Buyers & Sellers since 2004

When selling your home in London Ontario, be it a house or a townhouse condo, you have a choice of 1,900 + Realtors. Yet, we sell more homes than the average Realtor, and one of the many reasons is we have designed and implemented a 122 step process that we use every time. Getting a thorough understanding of these points will give you 100% confidence in your decision to sell your home, with whom, what to expect, how to maximize your bottom line and minimize the hiccups!

Selling Solutions, Not Promises In The Summerside Neighbourhood of London Ontario

how much is my home worth in London Ontario? Get the right value now

We’ve all seen the boring, plain, everyday marketing that offers free valuations without even seeing your home! Or “Free Home Valuation Reports” cards in our mailboxes or the dreaded cold call “I have a buyer who is interested in buying your home.” A Comparative Market Analysis is a report supposed to provide an anticipated sales price or price range for the subject property.

Really?

How can anyone value your home accurately without physically seeing your home and doing the two to three hours of research necessary? Have you ever bought anything “at ” ballpark price’? “general price range?” “The market price?” After advising & guiding hundreds of sellers to sell their homes over the years, every house or condo sold was a price we agreed on. Semantics aside, you deserve a price that many willing, qualified buyers will pay.

Getting a property valuation in London Ontario takes more than 5 to 10 minutes, our property valuations are 2-3 hours.

A comparative market analysis (CMA) is a process Realtors use to determine the market value by comparing it to similar properties that have recently been sold and those currently listed for sale. A CMA is a crucial tool for listing Realtors as they determine the price that a seller will list their house or condo for sale, and it’s also a tool for buyers agents advising their clients to make competitive offers. Conducting accurate, consistent CMAs isn’t easy. Most Realtors are not taught this skill in their pre-license real estate classes, so many enter the business without this vital skill or lack the patience to dedicate the time to learn how to price a home correctly.

Why Our Exclusive London Ontario Home Value Analysis Is Effective

It’s a complete top-to-bottom room-by-room analysis not just of the value but every aspect of your home to identify items that may affect your sales price. Our analysis enables us to identify the selling features or what you can do to help sell quicker or receive a higher price.

       Helping You Get More For Your Home in Summerside London Ontario

the best is yet to come after we meet and we explain how to sell your house or condo in London Ontario
  • You let us know that you would like a no obligation, no cost valuation of your house or condo.
  • Arrange a mutual time to meet.
  • We will prepare for our meeting with research of prices, demographics and current market conditions.
  • You will not have to sign anything or listen to blah blah blah stuff , malarky, posturing, showcasing or bs.
  • When we get to your home,a quick introduction and a tour of your home where we will perform a room by room review.
  • When completed, sit down with you and adress your concerns, fears or the anxiety you may have about moving.
  • Have a conversation about:
  • If Necessary, a few minor things you can do a minimal expense to show your home in the best light.
  • Why pricing your home correctly the first time will 9 out of 10 times give you a better returm.
  • Why, when and where to market your home assertively to attract qualified buyers who are excited to buy your home!
  • Understanding that there are four types of buyers in this market and why three of them you want to avoid!
  • Understand the difference between Market Value ,Perceived Value & Appraised Value and what effects those 3 will have on your asking price.
  • What are your legal obligations? To your lender?  To the buyer?
  • How being in a Sellers Market in London Ontario affects your asking price & do negotiating skills matter?
  • How to handle showings & offers to yield the best results.( My last listing I had 119 showings and 37 offers!)
  • Leave with you our research and market reports and best practises to sell a home.
  • Within 24 hours get back to you with “The Price”. And why!
  • You then decide to allow us to sell your home or not.
Contact us Sutton Group Envelope Real Estate Brokerage Inc

I almost forgot:

We find selling a house or a condo the easiest part of the selling process; after both parties sign the offer, we genuinely earn our money!

  • Ensuring the lawyers on both sides of the transaction are informed and followed up with during the process.
  • Cooperating with appraisers, inspections, mortgage lenders
  • In some cases, keeping the transaction on pace and solving challenges.
  • Ensuring our 81 point checklist for closing a sale is completed sequentially.

Summerside London, Ontario, is an excellent neighbourhood with quick access to highway 401 and Veterans Memorial Parkway. Located in South East London, east of Highbury, north of the 401, west of Veterans Memorial Parkway (Airport Road) and south on Commissioners Road East.

Summerside London is growing with new homes built, new schools in place, parks and a community centre and best of all, some of the better-priced houses and townhouses in London.

guide to buying a house in London Ontario & area

Buying A Home in The Summerside Area of London Ontario

With the average house prices in London, Ontario, setting a record, what would happen if you had a strategy before you even started the process of looking at houses or townhomes?

I am not talking about price or style or how many bedrooms when I say strategy. You already have a good idea of what you can afford and what you want.

Emotion sometimes can cloud our reasoning, which in turn might cause us to overpay for a home or rush the selection process.

If the questions determine the quality of our life, we ask ourselves, what about if you knew what questions to ask when buying a home and if the answers you receive are accurate?

 Here is a start!

Summerside neighbourhood one step closer to getting a new TVDSB school

new school for Summerside London Ontario

Current Schools:

École élémentaire Catholique Saint-Jean-de-Brébeuf Catholic School 270 Chelton Rd  (519) 963-1219  

  École Secondaire Gabriel-Dumont  High school 2463 Evans Blvd (519) 673-4552    

Princess Elizabeth Public School 247 Thompson Rd (519) 452-8490

Thames Valley District School Board Website

London District Catholic School Board

Search All MLS houses for sale in London Ontario & Area
AllApartment Condos for Sale in London Ontario on MLS
All the townhouses for sale in London Ontario

Here are a few condominium enclaves in Summerside in London:

  • Prior Years Numbers
  •   In 2019, 141 houses in the Summerside London neighbourhood were sold through MLS from $333,000 up to $635,000, taking a median time to market for 33 days and selling 100.61% of the asking price. In the same period, twenty-six townhouses were sold, from $290,000 to $445,000, it was 26 days they took on average to sell, and they sold for 102.64% of the asking price!
  •      In 2018, 91 houses sold in the Summerside London Ontario neighbourhood through our local MLS system for a median price of $465,122, which was 102.85 % of the asking price and took approximately 27 days to sell on average! The lowest price being $290,000 and the highest, at $780,000. For townhouses in Summerside,  35 sold for a median price of $316,177, which was 103.71% of the asking price, and the days to sell were 13! The lowest was $205,000 to a high of $424,000.
word from our satisfied clients
Downsizing From a Bigger house to a smaller house or a condo?