There were 34 homes that sold in Summerside so far this year from January 1 up to May 2, 2011.
27 houses sold at an average price of $249,881 and 7 condos at an average $204,143. On average it took 45 days for a home to sell and the sold for 98% of asking price which shows the London Real Estate market is stable and no where near a bubble as some economists predict.
There is still still a lot of new construction in Summerside along with a church, new retail and recreational fields.
Summerside is proving to be a well priced neighbourhood in London Ontario and the growth is well planned and steady.
Summerside is access to the 401 highway, Airport Road, St. Thomas, Ingersoll and Woodstock.
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