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The sale of houses and condos in Lambeth in west London in 2012 was quite active with 130 houses changing hands and the average home was listed for $382,732 and sold for 98% of asking price and the houses that did sell took approximately 52 days to sell. In this same period, 8 condos sold at an average price of 315,161 and these were on ...
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Buyers Prize Safety, Value & Location
Safety, perceived value and a location close to shopping or
transportation are the most important factors Ontarians consider when buying a home, according to a new survey.
Research commissioned by the Ontario Real Estate Association
(OREA) ...
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With all the news about a real
estate bubble, I felt that I should show you what the last 3 years have
been like concerning single family homes and condos in London and S/W
Ontario.
As you can see, London and area has
not experienced the boom or bust in prices as other Canadian ...
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As I work with both condo sellers and
buyers, I am always asked what the market is doing, when is the best
time to buy or sell, how much to offer and how much to list for.
As with any condo, the neighbourhood, style and condition of a home reflects on price and quickly they sell.
Below is a breakdown of ...
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There were only two homes sold in Kilworth from January 1 to March 31, 2012 which is quite slow for this small village and enclave of upscale homes just west of London Ontario. To give you an idea of the variety of homes, one was listed for $419,900 and the other $749,900 and though both sold, the average selling price was 94% of list, ...
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I am always asked when is the best time to list a home in London Ontario or how is real estate doing and what are the average prices. I also hear most excuses why homes do not sell or the rationalization of why some homes sell quicker than others and some, for more money.
Understanding the local market and facing the reality of the local market ...
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Home sales in London Ontario overall in September 2011 were up 19.2% over the previous year, with 589 detached homes and 113 condos exchanging hands.
As of September 30, 2011 , year-to-date sales are down only a very modest 0.8% compared to this time last year.
Listings were also up 7.7% in ...
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Does knowing what house prices have been like over the last 3 years in London and South West Ontario do any good? If you are planning on moving to London Ontario, I think it does. If you are thinking of listing your home in London Ontario I think it does. If you are a real estate investor, I think it does.
London and area real estate has been ...
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Daily I am asked about how real estate is doing in London Ontario. When I say a balanced market or a buyers or sellers market ,I may get a nod of understanding but most of the time I get "ah, OK"!
I read or heard that on average, our brain gets bombarded with over 1000 messages an hour and I don't know about you, but for ...
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Condos in London Ontario made a strong showing in July 2011, with 268 new listings – up 15% over 2010 at this time-and 155 sales – up 24% over 2010.
Sales of detached homes were slightly down from 2010. A total of 587 homes exchanged hands in July, down a marginal 0.3%.
Residential Listings
taken last month ...
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