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

Executive House For Lease London Ontario

15 Century Place London Ontario
15 Century Place , in Oakridge neighbourhood in London Ontario

•  3 bath, 4 bdrm 2 story “Colonial” – $2,100.00. Executive Home 

– Tired of looking at homes for rent that don’t live up to the hype? Is beauty and style in the eyes of the beholder?

As the owner of a busy professional real estate brokerage office, I get to see a lot of homes. I highly can recommend this home as a must see, not only for the layout but the neighbourhood and the safety of the area,

Solid beautiful 3 + 1 bedroom home in Oakridge on a quiet cul de sac, this 2 storey home is for lease only , not for sale.

Presently being freshly painted and updates that include furnace, humidifier, central vac,light fixtures,landscaping, kitchen granite counter top and doors refaced, hardwood being installed on the second floor, light fixtures, 7 windows being replaced as well!

Large master bedroom with a nice ensuite bathroom with a soaker tub!

A separate dining room, living room, a family room with a gas fireplace and an eat in kitchen and laundry on main floor. Large rec room in lower along with a 4th bedroom.

 

Over sized double car garage with inside entry.

Beautiful fenced back yard with sun deck.

Great schools such as Clara Brenton, St.Paul, Oakridge Secondary & St. Thomas Aquinas all nearby, shopping, churches and parks all near by.

Here is your chance while in London to live in a great safe neighbourhood that you can call your home.

Property information

Houses in Oakridge London Ontario are Selling

201 houses in Oakridge have sold from January 1, 2016 to August 22, 2016  through our local MLS for an average price of $353,208 which was 99.8% of the asking price and these took about 19 days to sell. Unfortunately for 21 house owners in Oakridge, their houses did not sell or were re-listed again.

At present there are 36 houses for sale in Oakridge Acres, Oakridge Meadows & Oakridge Park.

In the same period, 78 condos changed hands, for 99.7% of the asking $246,295 price and on the market 27 days! 6 condos did not sell or were re-listed .

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!

buying a house in Oakridge London Ontario

In 2015

255  houses in Oakridge in London Ontario sold through our MLS system for an average $326,740 which was 99% of the asking price and these were on the market less tan 30 days

110 condos in Oakridge sold in the same period for an average $228.046 which was 98.1% of the asking prices and these condos took 38 days to sell on average.

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 and Oakridge Meadows is an older neighbourhood in 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.

As with any market, some Oakridge homes sold in 2-5 days while some are still languishing on the market. Again, numbers do not lie; a successful real estate sale leaves clues as does homes that are not selling.

Oakridge London Ontario Real Estate Map

Other London Neigbourhoods