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.
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