Lambeth London Ontario Houses & Condos Record Sales 2017

Lambeth London Ontario houses & condos,  including Talbot Village and Southwinds set a record in 2017 with 232 houses selling for close to the asking price and taking about 20 days to sell on average, for condos in Lambeth, 8 were sold, a median time to sell was 25 days and these sold for 98.62% of the asking price.

Here is an analysis of these sales in 2017  for both houses and condos.

Search all the houses & condos for sale in Lambeth, Talbot Village

142 houses in the Lambeth, Talbot Village, Southwinds Village neighbourhood in London Ontario were sold in 2016 from as low as $284,000 to $2,400,000 and these were on the market an average 38 days and sold very close to  asking price!

 4 condos were sold for an average $432,594. These took about 18 days to sell!

  In 2015

113 houses changed hands in Lambeth and  Talbot Village neighbourhood in south London in 2015 for an average price of $447,162 and sold for 97% of the asking price and took on average 44 days to sell!

In the same period, 8 condos sold at an average price of $380,475 which was 2% less than the asking price and were on the market an average 60 days.

  In 2014

2014 was quite active for Lambeth houses and condos with 119 houses exchanging hands for an average price of $412,343 and these sold for 97% of the asking price and sold within 42 days!

9 condos sold in the Talbot Village area at an average $395,333 and these were on the market an average 59 days and sold for 99% of the asking price.

 More London Ontario Neighbourhoods

 

Lambeth houses & Condos London Ontario

Lambeth is a neighbourhood in the south west of London about 10  minutes to downtown.

The 401 and 402 highways are 3 minutes away and within a 20 KM drive are 6 golf courses! There is a newer shopping plaza at the corner of Colonel Talbot Road amd Southdale Road West with groceries, a pharmacy, dining and fast food, banking etc. As well a newer neighbourhood  called Talbot Village.

Schools and churches are bountiful  along with professional services. Lambeth has homes from  entry level to executive homes and condos. Drive through Talbot Village for new houses and condos, Southwinds Village for some sprawling homes, or the Outer Drive area going south on Colonel Talbot Road or the heart of Lambeth, some quaint shops and a multitude of services.

 

Lambeth in London Ontario

Elementary Schools

Lambeth Public School

St. George Catholic School

High Schools
Saunders Secondary School

Regina Mundi Catholic College

St. Thomas Aquinas Catholic Secondary School 

Sports

Lambeth Minor Hockey

Lambeth Youth Soccer

London Area Sportsfields

Churches

Forest City Community Church

New Hope Community Church

St.George Roman Catholic Church

Trinity Anglican Church

Pond Mills Real Estate Glen Cairn Prices Rising

   Pond Mills real estate Glen Cairn  set records for prices in London Ontario for 2017 and as we are into the early part of 2018, we are seeing a real shortage of properties for sale.

145 houses were sold in the Pond Mills, Glen Cairn neighbourhood of London through our Mls system, taking about 8 days to sell and the median price was 101.87% of the asking price. 105 condos sold, which include townhouses and apartment condos averaging 17 days to sell and for about 100% of the asking price.

I have prepared a breakdown of these sales including address, sales price and how long it was on the market. You can get these numbers by going here.

2016

  144 houses in Glen Cairn, Pond Mills neighborhood of London Ontario sold through our MLS system in 2016 for  99.8% of the asking price from as low as $174,000 to $324,000 and these were on the market  less than 21 days! 102 condos were sold, from $82,000 to $235,000 for 98.7% of the asking price and took on average 51 days to sell.

Houses for Sale in Pond Mills, Glen Cairn    Condos for Sale on MLS London Ontario

As you can see, Glen Cairn Pond Mills have attractive home prices and the neighbourhood has alot going for it, take a drive, you may be surprised!

Other London Neigbourhoods

Want to know why people like to live in Pond Mills, Glen Cairn neighbourhood in south east London Ontario?

Nice walks in Pond Mills

Pond Mills and Glen Cairn offers a wide  variety of house styles, most with larger lots than the norm and some of the best values for the dollar in London Ontario. For condos in Pond Mills, there is a highrise apartment, some low rise apartment condos on Deveron and some great townhouse condos at a reasonable price.

Pond Mills Glen Cairn in London offers all the amenities that  London has to offer, plus, easy access to the 401 highway via either Highbury Ave South or Veterans Memorial Parkway.

 

        Pond Mills. a nature park inside London Ontario 

You also have 203 hectares of Westminster Ponds /Pond Mills Environmentally Significant Area (ESA)and  is the largest publicly owned ESA in London.

     The ponds and the 10.5 km Westminster Ponds Trails are  located south of Commissioners Road and east of Wellington Road, adjacent to the Tourist Information Centre, and across from Shoppers Drug Mart at Adelaide and Southdale and  eastward to Pond Mills Road

Trails to walk in Pond Mills   

  Why not take a drive out, go for a walk, even go fishing or canoeing if you want!

  Pond Mills Real Estate Map

Uplands Homes London Ontario Sale Prices

nds homes London Ontario set a record in 2017 for sales, with 97 houses being sold through our MLS system for 101.46% of the asking price and taking about 9 days to sell. 29 condo townhouses and town homes changed owners as well, receiving a median 101.51% of the asking price and the days it took them to sell was 11 days!

  I have prepared a breakdown of these homes in Uplands that sold and you can download these by going here.

Uplands London Ontario  is located in the north end and  bounded by Richmond Street to the west, Sunningdale Road to the south, Adelaide Street North to the east and London municipal boundary to the north.

Google Map of Uplands

Uplands London Ontario

  Uplands is neighbourhood of London with a great cross section of executive style homes, one floor bungalows and a great selection of one floor condo homes, both attached and detached.

Living in Uplands is convenient to major shopping, churches, schools, dining, golf courses and other recreation venues and attractions.

house sales in Uplands in London Ontario

 

  102 houses sold in the Uplands neighbourhood of London Ontario in 2016  for  99.2% of the asking price and took about 27 days to sell. 26 condos in  Uplands were sold through MLS in 2016 or 98.6% of the asking price and the median days on the market was 33.

Look at these houses and condos for sale in Uplands in London Ontario.

Other London Neigbourhoods

Oakridge London Ontario Neighbourhood Sales 2017 Sets a Record

336 houses in the Oakridge neighbourhood London Ontario were sold through MLS in 2017 for a median selling price of 102.8% of the asking price and these took about 7 days to sell.

 130 condos in Oakridge sold as well, from apartment style to one and two floor townhouses & townhomes. These were on the market for a median of 13 days and sold  for 101.81%  of the asking price!
 I have prepared a breakdown of these sales , such as prices, days on the market and few other tidbits you might find helpful , you can get these reports here.

All the houses & condos in Oakridge London Ontario For Sale on MLS

295 houses in Oakridge were sold in 2016  through our local MLS starting at $270,000 all the way up to $740,000 and Oakridge was no different than the rest of London Ontario, a shortage of quality homes for sale saw these 295 houses sell very close for the asking price and in some cases for more and took about 19 days to sell!

 105 condos in Oakridge were sold through MLS in 2016, from as low as $122,000 and up to $669,000  which was about 99.6% of the asking price and on the market 25 days!

What do these numbers indicate? There are buyers willing to buy and seller’s who price their homes at the market price will get 99-101% of their asking price. Pretty simple, yet, I hear of buyers who think they can  get 10-15% off the asking price and a few misquided sellers who think their home is worth more than the other homes that have sold in their neighbourhood!

Oakridge London Ontario

More and more people are returning to their roots, buying these homes in Oakridge where they grew up, having large, deep lots and renovating them to meet their aging lifestyles. I have had many clients buy these 60’s and 70’s homes and upgrade them with modern kitchens, larger bedrooms and bathrooms.

Oakridge Acres, Oakridge Meadows & Oakridge Park are neighbourhoods in north west London (with a few small patches of 10 year old or less homes) with large lots, mature trees and very few cookie cutter streets.

Oakridge neighbourhood London Ontario City of London Report Oakridge London Ontario Neighbourhood by the City of London

Some Condo Properties in Oakridge in London Ontario

Oakridge London Ontario Real Estate Map

Other London Neigbourhoods

Sunningdale London Ontario Houses & Condos

 

Search houses for sale Sunningdale London Ontario on MLS

In 2017, 73 houses in the Sunningdale neighbourhood of London Ontario sold through our MLS system for a median 98.9% of the asking price and these were on the market about 32 days.

54 condos, be they apartment or town homes were sold in 2017, averaging close to asking price and taking about 29 days to sell.

I have prepared an analysis of those sales and other numbers that I am sure will help you when you are preparing to make a real estate move. You can get these here.

            one floor condo in Sunningdale in North London          A beautiful Sunningdale home in North London

    The Sunningdale neighbourhood is located in North London bordered by Fanshawe Park Road West, Richmond Street, Sunningdale Road West and Hyde Park Road and includes Medway Park and Hyland Estates.

   A very short drive to the Masonville shopping area and dining and the big box stores in Hyde Park. Easy access to the University of Western Ontario (UWO or Western), it’s hospital and nearby  research centre.

    5 minutes to downtown London and quick access to great beaches along Lake Huron such as Ipperwash, Pinery Provincial Park, Grand Bend, Bayfield and Goderich.

  The houses and condos in Sunningdale are tastefully laid out with many enclaves and one of a kind homes.

Sunningdale London Ontario Map

 

Other London Neigbourhoods

Hyde Park London Ontario Real Estate Sets Record

 Hyde Park London Ontario Real Estate Houses & Condo Prices

Hyde Park London Ontario real estate sales in 2017 set a record for home sales with 300 houses selling through MLS for 103.07% of the asking price and on average, taking 7 days to sell! 112 condos in Hyde Park were sold, average 100.04% of the asking price and the median days these took to sell was only 15 days!

I have prepared a breakdown of all those sales for 2017 in Hyde Park which you can receive instantly by going here.

Hyde Park is a neighbourhood located in North West London, with  Fanshawe Park Road West to the north Hyde Park Road & Sarnia Road centres the neighbourhood and east of Wonderland Road north, all the way to the south west corner of Oxford Road W . ( Whew! Here is the map, less talk!)

 

2016

    285 houses in the Hyde Park neighbourhood in London Ontario sold through MLS in 2016 , starting as low as $316,000 and up to $605,000 and these all sold close to asking price in about 31 days!

In 2016, 88 condos in Hyde Park were sold, from $218,000 to as high as $620,000 and these took about 41 days to change owners and for 98.4% of the asking price.

All the houses & condos for sale in Hyde Park London Ontario on MLS

 

Hyde Park Neighbourhood by City of London Ontario Hyde Park Neighbourhood as per The City of London

 

Hyde Park London Ontario Map

Other London Neighbourhoods

Record Real Estate Sales London Ontario & Area 2017

If you are looking for a houses or condos for sale around London & South West Ontario here are a few neighbourhoods you may want to consider.

Byron Delaware  Dorchester
Hunt Club Hyde Park Ilderton
Kilworth Komoka Lambeth
Masonville Oakridge Pond Mills
Riverbend Stoneybrook Summerside
Sunningdale University Western Ontario Uplands
Warbler Woods Westmount Wortley Village Old South London

 

A historic year for real estate in 2017

  11,203 Home Sales sets Record in London Ontario & Area for the first time  

The London and St. Thomas Association of REALTORS® (LSTAR) announced that 2017 marked a historic year for residential real estate, with home sales surpassing 11,000 for the first time since LSTAR began tracking data in 1978. In 2017, a total of 11,203 homes were sold, up 8.0% from 2016.

London and St. Thomas reached many ‘firsts,’ from six consecutive months of record sales to robust activity from buyers from outside the city.

In 2017, the average sales price across London and St. Thomas was $330,037 up 18.0% from 2016. By geographic area, London South was $340,793, up 21.7% from 2016. In London North, average home sales price was $407,801, up 18.1% compared to the previous year, while in London East, it was $258,734, an increase of 16.9%.  In St. Thomas, it was $261,481, up 15.2% over 2016.

St. Thomas saw a total of 901 homes sold in 2017, up 6.8% from 2016. In 2017, there were a total of 14,301 home listings, down 1.2% from 2016. The trend of high demand with low supply continued in 2017, with inventory (called Active Listings) down 35.6% from the previous year.

The following table is based on data taken from the CREA (Canadian Real Estate Association) national MLS® Report for November 2017 (the latest CREA statistics available). It provides a snapshot of how average home prices in London and St. Thomas compare to other major Ontario and Canadian centres.

City Average Sale
Vancouver $1,081,876
Toronto $779,693
Fraser Valley $741,172
Victoria $684,843
Hamilton $545,690
Calgary $450,700
Kitchener-Waterloo $445,855
Niagara $389,016
Ottawa $385,058
Edmonton $372,911
London St. Thomas $332,607
Windsor-Essex $265,565
CANADA $513,433       

November 2017 Numbers

October 2017 Numbers

 For a breakdown of sale prices to asking prices and more, contact me for more detailed information:
 We have the facts about real estate in London Ontario
 I can give you :
  • Days on the market vs List Price Median for the last 10 years
  • Historic count of active listings
  • Historic sales for the last 10 years
  • Historic sales price trends
  • Historic sales and price range
  • Original price vs sold price
  • Sale price / listprice ratios

Why is this information important? Whether you were buying or selling, these numbers will give you peace of mind of the neighbourhood trends, plus, a confidence level for price, expectation levels for negotiating and about 8 other advantages I can help you with.

Our knowledge of the market, our ability to get hard facts and not assume anything or give an opinion that could be biased is the cornerstone of our business and the reason why our volume of business and referrals are growing exponentially.

Oh, a hard work ethic makes a huge difference as well!

Westmount Neighbourhood London Ontario Real Estate

The Westmount neighbourhood in London Ontario has a combination of newer and older houses and condos  and actually 3 very distinct areas, being east of Wonderland Road to Andover, west part of Wonderland Road to a little past Barclay and south of Commissioners Road W to Springbank Drive .

Westmount London Ontario Property Values

Westmount Mall has had a dramatic change from a retail shopping mall to a combination of medical/offices on the second floor and services & retail on the main floor & a Cineplex theatre.

Further south of Southdale and along Wonderland Road South, are the big box stores, services, restaurants and recreational activities , a library and along Southdale West, the new YMCA is scheduled to open soon.

Westmount has an abundance of schools and churches as well for all denominations.

As you can see, the Westmount neighbourhood is a convenient area to live and with the extention of Wonderland Road South to the 402 make traveling west or east of London along the 401 much more convenient.

 Westmount Boundaries by Google

City of London Ontario  City of London Ontario Neighbourhood Guide

In 2017, 166 houses in Westmount London Ontario were sold for close to asking price and the median time it took these to sell was 10 days, 84 condos were also sold through our MLS system for close to asking price and were on the market for about 15 days!

As you can see, with houses & condos in Westmount selling within 15 days or less and for the asking price or more, buyers must be more in tune with the market and organized and for sellers, choosing the right Realtor will be a huge benefit in this market.

I have prepared a breakdown of the houses and condos that were sold in 2017 and you will be able to see the properties that sold quickly and for more money than those that were overpriced that took much longer to sell. You can get these reports instantly by requesting them here.

Search all the houses & condos for sale in Westmount London Ontario on MLS

 166 houses sold through MLS in the Westmount neighbourhood of London Ontario in 2016 ,hese houses took about 23 days to sell and about 99.2% of the asking price! 93 condos in Westmount changed hands for 99% of their asking price and were on the real estate market for 33 days.

2016  & 2017 were record years for real estate sales in London Ontario and area and Westmount was no exception, other than home buyers are experiencing a shortage of good homes for sale.

In 2015160 houses sold in Westmount in south west London Ontario through MLS for an average 98% of the asking price and these took about 33 days to sell. 107 condos in Westmount were sold for an  average 97.6 % of the asking price and these took about 42 days to sell.

 

map of Westmount London Ontario

 More London Ontario Neighbourhoods

Byron Houses & Condos in London Ontario Are Selling

 Byron houses & condos were highly sough after in 2017 with 232 single family houses selling for a median 101.43% of the asking price and these took abou 8 days to sell!
  Condos in Byron, from apartment condos to detached one floor townhomes were extremely sought after with 73 selling through our MLS system for 100.59% of the asking price and taking about 15 days to sell!
 I have prepared an analysis of this activity, with sales prices, days on the market and the asking price which you can receive by going here. 
  Byron  in South West London is bordered by Wickerson Rd to the west, Southdale Road to the south, Commissioners Road to the north and Colonel Talbot Road to the east.                                        

Byron Map

Get All the houses and Condos For Sale in Byron London Ontario

Byron has been consistently been a sought after London neighbourhood to live in with Springbank Park  (300 acres along a stretch of the Thames River and has 19 miles  of trails.) and the Thames River, Boler Mountain (a ski and mountain bike area known to the locals as “the bump), churches, schools, a library, a fire hall, a legion, a Masonic hall , bistros and dining, professional offices, medical, drugstores, LCBO, jewelers, drycleaners and more.

Nearby are  8 public and private golf courses and walking & biking trails galore, beautiful Komoka Provincial Park with its many trails along with Warbler Woods Trail. 

Walking in Springbank Park

The Optimist Club of Byron is an example of community volunteers giving back to the community with activities through out the year.

 

Byron London Ontario Real Estate

2016 House & Condo Sales in Byron in London Ontario

h 231 houses were sold for 99.6%  of asking price and these took about 14 days to sell!

79 condos in Byron changed hands through MLS in 2016, averaging 33 days on the market and selling for about 99.2% of the asking price.

There is a good selection of condo properties in Byron as well, starting from $175,000 for a townhouse up to $600,000 plus for a detached one floor townhome and a few high rise apartment condos with the new Tricar building in 2018 across from Springbank Park.

Below are a few of the condo corporations in Byron in London Ontario

 

  There are 5 elementary schools in Byron:

Secondary school age students in Byron either attend  St. Thomas Aquinas Catholic Secondary School   or  Saunders Secondary School in the Westmount neighbourhood of London or, some currently attend Oakridge Secondary School in Oakridge.                          

Other London Neigbourhoods