153 houses have sold so far in the this great family Oakridge neighbourhood of London Ontario from January 1, 2011 up to July 2, 2011.
The average selling price was $291,329 and on average these houses were on the market for 42 days & sold for 98% of the asking price!
50 condos changed hands in the same period, taking 45 days to sell at an average price of $206,413.
With both houses and condos selling for 98-99% of asking price proves that the London Real Estate Market is stable and real estate prices remain one of the lowest in Ontario.
Oakridge is still sought after because of its location to some of the best schools in London, wide streets, mature trees and larger lots.
Whether buying or selling real estate in London, being prepared with facts, not opinions will ensure you can have the best of both worlds.