homes for sale london ontario: Hazelden Area Homes in London in Demand - 01/05/12 02:44 AM
47 homes changed hands in 2011 in  the Hazelden neighbourhood in West London with the average asking price of $425,201 and actually geting $403,940 which was 95% of the asking price and these sold homes were on the market an average 36 days!I
In this same period, 12 condos sold with an average asking price of $293,578, these sold for 97% of asking and were on the market an average 42 days.
As you can see by these numbers, Hazelden is a sought after neighbourhood in London Ontario, homes sell quickly and above the London and area average.
For further information … (0 comments)

homes for sale london ontario: Why Homes in Winter Sell Best - 12/22/11 09:39 AM
When I read "Homes listed in Winter Sell Best" I was a bit skeptical and thought that even though this was a study done by a well know reliable source, I would run some of my own numbers for Canada and especially my trading area. You know what, not far off.
So below, in it's entirety and no editing, is the report.
Homes Listed in Winter Sell Best! Recently we decided to dig into the reports and marketing data to see if it supported our feeling that winter is the best time to buy, and the worst time to sell. However, … (4 comments)

homes for sale london ontario: The 4 Most Common Price Stragies when Selling Real Estate - 12/12/11 05:48 AM
 When buying or selling real estate here are 4 price strategies that are the most common that I have come across in my real estate career.
  Clearly Overpriced: Every seller wants to maximize the amount they receive for their home. They may have an inflated value of what their home is worth because of: getting opinions from un-informed advisors and friends, having an over financed home, or they have renovated their home to a standard not consistent with their neighbours. My experience has been that unless this home has been on the market for three to four months, the seller … (9 comments)

homes for sale london ontario: How Exactly has Real Estate Done In London Ontario The Last 3 Years? - 12/09/11 03:17 AM
The other day on the news there was a report about real estate and the predictions for 2012 and the rising prices as well how in some cities in Canada the real estate market is booming while others remain  stable or are declining.
For those of you who know me you know I like to make decisions based on facts and as history repeats itself, I hope the following graphs will help you understand and see that the real estate market for houses and condos in London Ontario is stable and there is no reason why 2012 will be any different.
… (0 comments)

homes for sale london ontario: How & Why Home Sales have Done The Last 3 Years in London Ontario - 12/07/11 05:07 AM
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 can be a double edged sword for many London home owners. Selling your home is not a lottery, or a gosh by golly whim, or just putting up a sign on your lawn or pricing … (2 comments)

homes for sale london ontario: Lambeth in London Ontario Real Estate - 11/01/11 04:35 AM
 118 homes sold in Lambeth and Westwinds neighbourhoods in South West London from January 1, 2011 to October 31, 2011.
  The average asking price was $376,997 and the homes that did sell, sold for 98% of asking and these were on the market an average 71 days.
  Lambeth is rapidly growing along with homes being built along the corridor of Colonel Talbot Road and Southdale with more retail and new subdivisions being started. With easy access to highways 401 and 402, more families are finding out about all the other amenities that Lambeth has to offer.
  There are … (0 comments)

homes for sale london ontario: London Homes in Stoney Creek Are Still in Demand - 10/25/11 03:42 AM
Stoney Creek real estate activity is still strong and from  January 1, 2011 up to October 25, 2011, 97 houses sold at an average price of $272,644 which was 98% of the asking price and these houses took 40 days to sell!
 39 condos sold, $174,480 was the average selling price and were on the market an average 46 days.
One thing to keep in mind about Stoney Creek is that some of Stoney Creek homes have been around for 20+ years and these averages are not indicative of the newer neighbourhood such as Milestone Road etc.
  Stoney Creek as … (0 comments)

homes for sale london ontario: London Ontario Real Estate Market Rebounding! - 10/05/11 05:22 AM
   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 September, and year-to-date listings are up 9% over last year.
  The average sale price for a detached home year-to-date now stands at $244,307, 5.3% up from January 2011, while the average price for a condo was $182,758, down 3.4% up from January 2011.
   … (6 comments)

homes for sale london ontario: Homes in Sunningdale London Ontario Leads London in Price - 09/01/11 09:11 AM
 
   Homes in Sunningdale, a trendy neighbourhood in North West London with easy and quick access to UWO & Masonville have been selling quite well up to Sept 1, 2011.
40 houses sold from January 1 of this year to present for an average price of $543,646 and on average, these homes took 50 days to sell & sold for 97% of asking price.
21 condos sold at an average selling price of $326,898 which was 98% of the $305,800 asking price and only on the market for 42 days!
  Sunningdale remains a sought after neighbourhood because of its location, schools and shopping.
… (1 comments)

homes for sale london ontario: When is The Best Time to List a Home in London Ontario? - 08/29/11 08:21 AM
One of the most frequently asked question is "When is the best time to list?". Many factors come into play when deciding on when and without sounding snide, the best time is when you are emotionally and physically ready.
Like picking the stock market or who should be the Number 1 draft pick, you can gather all the facts and stats you want, only time will tell.
If I want shade, when is the best time to plant a tree, today or 5 years from now?
Homes that are priced near the market, are easily seen and marketed well and in … (0 comments)

homes for sale london ontario: What House Prices in London Ontario Have Been the Last 3 Years - 08/26/11 08:03 AM
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 quite stable the last 3 years as the chart below shows and we do not get the large price swings that Vancouver, Calgary, Toronto or Montreal is seeing.
Again, London is proving to … (0 comments)

homes for sale london ontario: One Picture Can Tell You What The Real Estate Market is Like in London Ontario - 08/26/11 07:41 AM
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 me, that is 900 too many ! So, below is what the residential real estate market has done over the last 12 months from Aug 1, 2010 to July 30, 2011.

If there are more … (5 comments)

homes for sale london ontario: Homes in Byron in London Ontario Are Selling Quite Well So Far This Year - 08/25/11 08:13 AM
 Houses in Byron have sold quite well as of August 25, 2011 with 141 homes selling and  on average these homes in this great sought after neighbourhood were on the market for only 39 days!
  As with most averages, some numbers can be deceiving , however, as I am aware of 4 of these homes which only took 3-5 days to sell! Homes that are priced well, in great shape are always sought after and I am a believer that facts leave clues.
  The average selling price of a home in Byron was $330,044 and the average sold price was $324,068which was 98% of … (0 comments)

homes for sale london ontario: Stoney Creek Real Estate in London Ontario Doing Well - 08/22/11 09:30 AM
   Stoney Creek is still growing and from January 1, 2011 up to August 22, 2011,78 houses sold at an average price of $276,106 which was 98% of the asking price and these houses took 43 days to sell!
 32 condos sold, $170,019 was the average selling price and were on the market an average 47 days.
One thing to keep in mind about Stoney Creek is that some of Stoney Creek homes have been around for 20+ years and these averages are not indictave of the newer neighbourhood such as Milestone Road etc.
  Stoney Creek as with the rest … (3 comments)

homes for sale london ontario: I Make The Dough, You Get The Glory (And a Referral Fee) - 08/18/11 04:18 AM
This blog was posted by Malcolm Johnston about a referral I had given him last year. The first time around the listing expired with one low offer. Malcolm persevered, the client liked his work ethics and honesty and she re-listed with Malcolm.
Malcolm got results, his follow up with me was superb, and I can highly recommend him for being the go to person in the Trenton area.
Last Year I was contacted by fellow Active Rain member Ty Lacroix from Envelope Real Estate in London, Ontario. Ty had a client who happened to own a beautiful 93 acre parcel of … (3 comments)

homes for sale london ontario: Beautiful Home For Sale in Summerside in London Ontario - 08/16/11 07:06 AM
6 year old stunning home in Summerside, this Willowdale model has upgrades galores such as hardwood, kitchen and pantry, extra windows and alcoves are abound in this well kept home.
Open concept living, dining area with a gas fireplace to keep things cosy.Beautiful kitchen with pantry and breakfast bar.
Master bedroom has ensuite with jetted tub & walk in closet. 2nd floor laundry, 6 appliances included, beautifully landscaped, fenced back yard and stamped concrete patio.
Finished basement with roughed in 4 bathroom, Central Vac roughed in. Double car garage with inside entry and garage door entry. Gas BBQ hook up, … (0 comments)

homes for sale london ontario: House with Pool For Sale in London Ontario - 08/16/11 06:29 AM
First time on market for this beautiful 2 story 4 bedroom home in Northridge.
On a quiet crescent, close to great schools, shopping, public transportation, London airport and recreation.
 A 32` x 16` in ground pool, new pump & motor 2011, professionally opened & maintained by Luxury Pools, a fenced back yard with patio. Single car garage, automatic door opener and inside entrance. A very nice family room with wood burning fire place and patio door to back yard.
A handy working kitchen with pantry and eat in area. Basement is partially finished and is high and dry. For a virtual … (4 comments)

homes for sale london ontario: Do You Want To Sell Your House In Quinte?? Then Get Serious About It!!! - 07/09/11 04:36 AM

This blog was written by Malcolm in the Quinte area and I thought I would share this with those in the London area.
Substitute Quinte for London and there you go.
Ty
Sellers, if you want to sell your home yourself without the help of an agent, then go for it. I have nothing against people who try to do so, and I don't mind showing your homes.
Thanks to the internet I have a rather large pool of buyers who enlist my services when they are looking for a home in this area. Lots of military personel transfer into the … (2 comments)

homes for sale london ontario: Is Buying a Home in London Ontario & Saving Money a Paradox? - 07/09/11 04:25 AM
Buying a home and saving money at the same time? Is that a paradox or not? Not when you work with me.
You see, I have this belief that most buyers, besides wanting excellent service, full protection and brutal honesty, want to save as much money as possible.
Yes, negotiating the best price is one way, but with the average home in London and area selling for between 98-99% of the asking price, how much room is there?
I have studied the market, different systems, fees and costs associated with buying a home and have come up with a system where … (0 comments)

homes for sale london ontario: Top 10 Properties in London Ontario - 07/08/11 03:55 AM
Are you spending countless hours searching the MLS, real estate magazines, weekend classified ads and real estate websites looking for the ideal home for a great price and in a great neighbourhood?WHY?
If you enjoy doing that, great. Are you aware you may be missing out on some great homes that sell in a day, or a home that was priced agressively, good income properties or a home in that special neighbourhood of London?
Do you think you will get a head jump on others by searching daily or weekly? Avoid paying commissions? Avoid a pesky or bothersome real estate person (don't blame … (0 comments)