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Lambeth Real Estate Market Strong in London

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

Homes in Lambeth,  2010 Comparisons

 2010 proved to be an active real estate market in Lambeth, a neighbourhood in south west London, with 117 houses selling versus 92 in 2009.

  The average selling price for a home in Lambeth this year was $366,609 which was 98% of the asking price and in 2009 the average asking price for a home in Lambeth was $341, 340.

 Condos in Lambeth for 2010 sold at an average price of $411,120 and there were 5 of them and in 2009, 3 sold at an average price of $299, 544.

    Present listings vary from as low as $194,000 up to $866,000 which really explains the diversity of Lambeth and basically two neighbourhoods, one in 'downtown Lambeth' and the other what I call the Outer Drive neighbourhood.

Selling real estate in today's market takes more than putting a sign on your lawn, taking pictures and posting them on a website or two.

To sell a home, it needs to be SOLD, and not just sitting around. I just don't list homes, I sell them!

If you would like a breakdown & history of a particular neighbourhood or street in Lambeth or London I can put that information together for you to show you that facts and preparedness do wonders when thinking about buying or selling real estate.

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!

Your London and S/W Ontario source for results!

519-435-1600   www.enveloperealestate.com

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