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 the asking price.
48 condos in Byron sold so far with an average sold price of $231,123 which was 98% of the asking price of $236,106. These condos were on the market an average of 40 days.
As you can see, Byron real estate for the first 8 months in 2011 was active and I feel very strongly that the remainder of the year will be as well.
For an in depth analysis of the London Real estate market in London Ontario and what to expect, facts and honest answers, feel free to contact me with your questions or concerns.