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Homes For Sale Old South London Ontario Including Wortley Village Real Estate Market For Wortley Village and Old South London

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What Has Sold in Old South London & Wortley Village Area As of May 1,2024

Houses Sold in April 2024 15Apartment Condos Sold in April 2024 0Townhouses/Townhomes Sold in April 2024 0
Houses Sold Year To Date 46Apartment Condos Sold Year To Date  0Townhouses/Townhomes Sold Year To Date  1
Time on Market 20 daysTime on Market Time on Market 4 days
Price Range $350,000 – $1,500,000Price RangePrice Range $575,000
% to Asking Price 100.19%% to Asking Price % to Asking Price 100%
Old South London Area Data from MLS London St. Thomas Association of Realtors (LSTAR)

If curious, you can view the previous years’ numbers by scrolling to the bottom of this page.

Why are these home sellers in Old South London and Wortley Village smiling
Are you planning on buying a home on Old south London or Wortley Village
Ty Lacroix Broker
Ty Lacroix Broker Sutton Group Preferred Realty Inc. Brokerage

The character and charm of this great London neighbourhood attract home buyers, and the people who live in Old South love the ability to walk and shop in the Wortley Village core, with tree-lined streets and very few cookie-cutter homes.

Nearby is Thames Park, which provides recreational activities, including four tennis courts, playground equipment, an outdoor pool,  picnic areas, and access to London’s riverside bike and walking trails. There are  80 plus small businesses and establishments. The new YMCA has proven to be quite popular and another drawing card for Old South London.

The Old South Wortley Village Business Association does an excellent job of hosting and presenting community events.

Schools:

 Thames Valley District School Board Website for all schools in London, updates and programs in London

District Catholic School Board

Old South Wortley Village Business Association

Prior Years Real Estate Market in Old South London Including Wortley Village

sold by Sutton Group Envelope Real Estate Brokerage Inc

2023 Old South London & Wortley Village Real Estate Market Stats

Houses Sold in 2023 150Apartment Condos Sold in 2023 5Townhouses/Townhomes Sold Year To Date 0
Time on Market 21 daysTime on Market 33 daysTime on Market N/A
Price Range $302,500 – $1,600,000Price Range $255,000 – $549,900Price Range N/A
% to Asking Price 100.78%% to Asking Price 99.47%% to Asking Price N/A
Old South London Area Data provided by MLS London St.Thomas Association of Realtors (LSTAR)

In 2022, 168 houses in Old South London sold, with the average number of days to sell being fifteen, which was twice as long as the Spring of 2022. These 168 houses sold for an average of 110.94 of the asking price, with the sold prices ranging from $359,900 to $2,100,000. Nine apartment condos sold, with the average days on the market to sell through MLS being twenty-three; the sold prices averaged 110.94% of the asking price, with the sold prices ranging from $500,000 to $1,200,000! Two townhouses sold, one at 30 Grand for $540,000 and one at 352 Ridout for $800,000.

In 2021, 242 houses in Old South London, including Wortley Village, sold through MLS, averaging twelve days on the market and selling for 111.03% of the asking price, the lowest at $285,000 and the highest at $2,050,000. Thirteen apartment condos sold in Wortley Village in Old South London, averaging 15 days on the market and selling for 105.19% of the asking price. The lowest was $267,900; the highest was $772,811, and the average price per square foot was $408.00. Six townhouse condos in Old South sold, averaging seven days on the market and selling for 101.33% of the asking price, the lowest at $450,000, the highest at $630,021.

  •     In 2020, 186 homes in Old South London sold through MLS, averaging seven days to sell for a median of 102.17%% of the asking price from a low of $246,000 to a high of $1,500,000. Nine condos in Old South London changed hands in the same period; the median days to sell were 19 for $103.51% of the asking price, from a low of $139,000 to a high of $472,000.
  •    In 2019, 229 houses changed hands in the Wortley Village, Old South London neighbourhood, from $230,000 to $1,120,000, taking sixteen days to sell on MLS at a median of 103.13% of the asking price. Eight condominiums changed hands in the same period through MLS, a low of $152,100 and a high of $499,000, averaging eight days on the market and selling for 101.22% of the asking price.      
  • In 2018, in Wortley Village, Old South London, Ontario, real estate sales were robust, with 196 single-family houses sold for an average price of $404,718, 102.28% of the asking price and the median time on the market was 20 days! 13Wortley Village condominiums changed hands, averaging a $309,902 selling price, 97.46% of the asking price; condos in Old South London took about 35 days to sell.
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