houses for sale in 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)

houses for sale in london ontario: Summerside Neighbourhood in London Real Estate Activity - 09/06/11 09:44 AM

  There were 71 homes that sold in Summerside so far this year from January 1 up to September 2, 2011.
    55 houses sold at an average price of $256,019 and 16 condos at an average $205,853. On average it took 49 days for a home to sell and they sold for 98.5% of asking price which shows the London Real Estate market is stable, especially this newer community .
This neighbourhood in south London is growing with  new retail planned, new parks and access roads.
Summerside is proving to be a well priced neighbourhood in London Ontario and the growth is well … (0 comments)

houses for sale in london ontario: Regent Street Old North London House Just Listed - 08/30/11 06:06 AM
4 Bedroom House in Old North London Just Listed Old North Gem
• 2 bath, 4 bdrm ranch - MLS® $355,000
Old North, London  -  Fantastic Old North Gem on a quiet street. Corner lot ranch. Walk to King`s College or UWO. Close to downtown, shopping and hospitals. This lovely ranch has room for the growing family. 3 Bedrooms on the main floor- fabulous attic bonus room has tons of potential featuring a built in desk. Lower level boasts a huge rec room, 2 bedrooms and a large laundry room. Great property for investors with good income potential.New roof, soffit, fascia … (1 comments)

houses for sale in london ontario: Homes in Uplands in London Ontario Are Selling! - 08/29/11 08:38 AM
   Uplands in North London is proving to be a desirable location in London Ontario because of easy access to the downtown, UWO and London Airport. As well, newer houses and condos are an attraction.
   The average selling price of a house in Uplands between January 1, 2011 and August 29, 2011 was $401,361 and 51 sold in this period for an average of  98% of the asking price and these were on the market for only 33 days.
18 condos sold in this period for $291,911 which was 100% of the asking price  and these only took 32 days to sell.
   As you … (0 comments)

houses for sale in 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)

houses for sale in 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)

houses for sale in london ontario: Hyde Park in London Ontario Housing Numbers - 08/25/11 08:23 AM
Once again, homes in the Whitehills, Hyde Park neighbourhood in North West London are selling quite quickly.
  As of August 25, 2011, 243 houses sold and 71 condos sold, houses for 98% of their asking price and condos 97%!  Houses in Whitehills took an average 42 days to sell followed by condos at 43 days.
  Houses in this popular London neighbourhood sold at an average of $252,788 and condos at $159,334 which shows that this neighbourhood remains very price competitive.
  Homes in the newer section of Hyde Park are ranging from $285,000 to $375,000 so as you can see, with the great schools and … (0 comments)

houses for sale in 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)

houses for sale in london ontario: Canadian Home Sales Stable in July, Especially London Ontario - 08/19/11 08:18 AM
 According to statistics1 released today by The Canadian Real Estate Association (CREA), national resale housing activity was stable on a month-to-month basis in July following an uptick in June.
Highlights:• Sales activity was stable from June to July, but posted a big year-over-year gain due to weakened demand in July 2010.• Year-to-date sales continue to run in line with the ten-year average.• The number of newly listed homes inched up by less than one per cent from June to July.• The national housing market remains firmly entrenched in balanced territory.• The national average price posted the largest year-over-year gain since April … (2 comments)

houses for sale in london ontario: How Much Do You Charge To List A Home in London Ontario? - 07/09/11 02:46 AM
How much are you going to charge me to list my home? What is your commission rate? I get asked this question daily and rightfully so. With over 90% of home buyers researching real estate on the Internet, home sellers are saying, wait a minute, why am I being charged 5-6%?
   Other industries have changed their business models, such as the travel industry, insurance, retailing, coffee shops, grocery stores and even how we interact with  hospitals, federal,provincial and local governments.
  Gee, even within our family circles!
      With private for sale by owner (FSBO) companies, discount real estate brokerages and Uncle Harry … (1 comments)

houses for sale in 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)

houses for sale in london ontario: Pond Mills Real Estate Still One of The Best Values in London Ontario - 07/06/11 08:22 AM
Pond Mills in South East London Ontario remains one of the best values in home prices with 32 houses selling from January 1, 2011 to June 6, 2011 for an average price of $208,300 and it has taken about 32 days for a home to sell.
   For condos in Pond Mills, $126,321 was the average asking price, 25 have sold since January and these were on the market an average 50 days!
  Pond Mills has a lot going for it and not just lower house prices. Very easy access to the 401 highway, great schools, shopping and public transportation.
  Real estate is affordable … (0 comments)

houses for sale in london ontario: Wortley Village & Old South Real Estate in London Ontario Still Selling - 07/03/11 08:25 AM
104 houses exchanged hands in Old South London & Wortley Village from January 1, 2011 to July 3, 2011.
   The average selling price was $269,004 and on average it took 39 days for a home to sell and these homes sold for 98% of the asking price!
Old South London remains a desirable neighbourhood with its own distinct mix of art, dining, culture and house styles.
I am predicting a very good year for this neighbourhood as more and more home buyers are shying away from cookie cutter homes, small lots and little privacy.
To keep abreast of this fast … (2 comments)

houses for sale in london ontario: Open House This Sunday in Byron in London Ontario - 05/18/11 03:22 AM
… (0 comments)

houses for sale in london ontario: Price Reduction on a Great House in Byron in South West London Ontario - 05/09/11 03:35 AM
A great priced raised ranch nestled in a safe and quiet neighbourhood in Byron. This house has loads of recent updates such as roof 2007, furnace and air 2006, metal chimney 2007, fence and shed 2009, front windows 2009, lower 3 piece bathroom, laundry room and entrance way 2011, main 4 piece bathroom 2010.
The large eat in kitchen has lots of cupboards and a great view of the fenced backyard. The living room and dining room is an open concept with lots of light.
Patio door to deck and back yard from Dining room.
Master bedroom is a good size and the … (0 comments)

houses for sale in london ontario: April Real Estate Numbers for London Ontario - 05/05/11 08:34 AM
619 detached homes and 131 condos exchanged hands in London and St.Thomas area in South West Ontario in April 2011, for a total of 750 transactions.



 
The average price for a home of any kind in LSTAR's ( London St.Thomas Association of Realtors) jurisdiction was up 5.5% to stand at $242,111 from March 2011 to April 2011, while, year to date, the average price for a home is $232,329, up 3.9 % since January 2011.

The average price for a home in London's sister city, St. Thomas year to date stands at $188,694.
This … (6 comments)

houses for sale in london ontario: Wortley Village in Old South London - 05/04/11 09:39 AM
59 houses exchanged hands in Old South London & Wortley Village from January 1, 2011 to March 4, 2011.
   The average selling price was $254,565 and on average it took 46 days for a home to sell and these homes sold for 97% of the asking price!
Old South London remains a desirable neighbourhood with its own distinct mix of art, dining, culture and house styles.
I am predicting a very hectic spring make for this neighbourhood as more and more home buyers are shying away from cookie cutter homes, small lots and little privacy.
To keep abreast of this fast … (0 comments)

houses for sale in london ontario: House Prices in Pond Mills in London Attractive - 05/03/11 07:16 AM
Pond Mills in South East London Ontario remains one of the best values in home prices with 22 houses selling from January 1, 2011 to May 3, 2011 for an average price of $207,725 and it has taken about 33 days for a home to sell.
   For condos in Pond Mills, $126,755 was the average asking price, 15 have sold since the New Year and these were on the market an average 43 days!
  Pond Mills has a lot going for it and not just lower house prices. Very easy access to the 401 highway, great schools, shopping and public transportation.
  Real … (0 comments)

houses for sale in london ontario: Homes in Sunningdale Near UWO Selling Well - 05/02/11 07:18 AM
   Homes in Sunningdale, a trendy neighbourhood in North West London with easy and quick access to UWO & Masonville have been seling quite well up to May 2, 2011.
20 houses sold From January 1 of this year to present for an average price of $582,815 and on average, these homes took 63 days to sell & sold for 96% of asking price.
   10 condos sold at an average selling price of $299,230 which was 98% of the $305,800 asking price and only on the market for 43 days!
  Sunningdale remains a sought after neighbourhood because of its location, schools and shopping.
… (0 comments)

houses for sale in london ontario: Great Deal For A House in Hyde Park in London Ontario - 04/29/11 04:17 AM
Are you thinking about moving to beautiful Hyde Park in North West London Ontario with great shopping, new sunbdivisions, awesome schools and easy access to all of London?
  Are you looking for a good deal? How about a home at $317,000, high end finished top to bottom, 4 baths, 4 bedrooms, double garage and a designer kitchen?
How about a 184' deep lot?
Yes, there are homes for sale in Hyde Park in the $280-290 range but these are unfinished basements, small lots and are not landscaped.
Run the numbers, you cannot replace this 2 year old home for $317,000! … (0 comments)