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Masonville & Stonybrook Real Estate Market Stong in 2010

By
Real Estate Broker/Owner with Envelope Real Estate Brokerage Inc

2010 Masonville area homes and condos as well as in the Stoneybrook Neighbourhood

      In 2010 sales have been quite active in the Stonybrook area with 136 houses selling for 97% of the asking price of $397,275 and only 35 days on the market! In 2009, there were 152 homes sold at an aveage selling price of $361,612 and those homes took 42 days to sell..

There were 110 condos in the Masonville area around North Centre Road, Doon Drive that sold at an average price of $242,746 in 2010 which was 98% of the asking price. These condos were on the market for less than 35 days. As for 2009, 108 condos sold at an average selling price of $220, 017.

This area remains one of the hottest markets in London and especially  with UWO, a teaching hospital and the research park makes this area of London desirable.

Condos from $119,000 to $369,000 and with houses from $279,000 and up make Masonville & Stoneybrook  a good market because of amenities and location.

If you require more information on specific styles or price range in London, I am just a click away

Posted by

Ty Lacroix Broker of Record & Owner

          

'NOT ALL REALTORS* ARE THE SAME', One call or email to me and you will know why!

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519-435-1600   www.enveloperealestate.com

MaryBeth Mills Muldowney
TradeWinds Realty Group LLC - Braintree, MA
Massachusetts Broker Owner

So glad to hear the market in Masonville and Stonybrook is doing well.  From the statistics provided it appears that this area has a high level of interest.  You are blessed to have an area where employment is high and growing along with housing demands.  Wishing you the best in 2011!

Dec 30, 2010 05:39 AM
Ty Lacroix
Envelope Real Estate Brokerage Inc - London, ON

Thank you MaryBeth and all the best for you as well.

Ty

Dec 30, 2010 06:35 AM