Old South Real Estate Market Stats: London, Ontario

If you're thinking of buying or selling a home in London, Ontario's Old South neighbourhood, you'll want to take a look at these real estate market stats! We've compiled data on average home prices, days on market, and more. Whether you're a buyer or seller, this information will give you a good idea of what to expect in the Old South neighbourhood. Stay tuned for our next blog post, which will focus on real estate market stats for London's downtown core!

London, Ontario's Old South neighbourhood is a great place to call home. With its tree-lined streets and Victorian-style homes, it's no wonder that this neighbourhood is so popular with home buyers and sellers alike. If you're thinking of buying or selling a property in London, the following real estate market stats will give you a good idea of what to expect in terms of prices and days on market.

Average Home Prices:

The average home price in London, Ontario's Old South neighbourhood is $729,543. This figure has remained relatively stable over the past few years, with only a slight increase of about $46,838 from 2021 to 2022. However, prices can vary greatly depending on the size and style of the home, so be sure to work with a real estate agent who can help you find properties that fit your budget.

Days on Market:

The average days on market for homes in London's Old South neighbourhood is 19. This means that, on average, it takes about three weeks for a home to sell in this neighbourhood. However, this figure can vary depending on the time of year and the current state of the real estate market. For example, homes tend to sell more quickly in the spring and summer months than they do in the fall and winter.

If you're thinking of buying or selling a home in London's Old South neighbourhood, these real estate market stats will give you a good idea of what to expect. Be sure to work with a qualified real estate agent to help you navigate the London, Ontario real estate market!

Thanks for reading! Stay tuned for our next blog post, which will focus on real estate market stats for London's downtown core.

Are you thinking of buying or selling a home in London, Ontario? Contact the Old South London Real Estate Team today! We would be happy to help you navigate the London, Ontario real estate market.

Median Price of Homes for Sale in Old South

Average Price of a Home for Sale in Old South

Number of Homes Sold in Old South

Average Days on Market in Old South

Months Supply of Homes for Sale in Old South