The Oakridge neighbourhood in west London continues to be a sought after neighbour with 69 houses and 23 condos exchanging hands from January 1 to March 31, 2012.
The average house was listed for $308,962 and condos for $181,626 and those that sold received 98% of the asking price. It took 52 days for houses and 60 days for condos to sell, which is the mean average for London Ontario.
As with any market, some sold in 2-5 days while some are still languishing on the market. Numbers do not lie when backed up by facts. Realistic home buyers and home sellers understand this maxim and have moved on!