London Homes
Several housing buildings in London are single-detached homes, while small apartment buildings, townhomes, condominiums, and single-detached homes are also available in the housing stock market. Around 30 percent of housing properties in this city were constructed in the pre-1960s & in the 1980s.
London primarily has 2-bedroom and 3-bedroom homes. Around 60 percent of the city’s population own their homes while the rest are renters.
How many listings are available for sale?
London has 1647 listings. The real estate market of London focuses on three listings, new listings, sold listings, and active listings. All of these listings vary with the style of homes in the city. The three most common homes in London are detached homes, townhomes, and condominiums. Detached homes have 778 new listings, 33 sold listings, and 471 active listings.
Next are townhomes. Townhomes have 179 new listings, 5 sold listings, and 140 active listings. Condominium homes are next in line in terms of popularity in London city. These are 111 new listings, 2 sold listings, and 141 active listings.
What is the average price?
The average house sale price in the city falls within the range of $443,238. As of today, the city has 13 median days on the real estate market to sell a house as indicated by recent MLS Statistics.
The average house sale price is different for different home types in the city. Detached homes have an average sale price of $434k, that of townhomes is $313K and that of condominiums is $120K.
What is available in the price range?
Many home styles are available for sale within the average price range. First of all, homes are with 1647 listings. A 3 bedroom and 3 bathroom home is for sale at 7 EDMUNDS CRESCENT, LONDON, CANADA. This home will cost you $549,900. Another 4 bedroom and 2 bathroom home are for sale at 769 KING STREET E, LONDON, CANADA. This beautiful home will cost you only $649,900.
London has townhomes with 479 listings. A 3 bedroom and 4 bathroom townhome is for sale at 1595 CAPRI CRES, LONDON, CANADA. You can own this house only for $839,900. Another 3 bedroom and 3 bathroom townhome are for sale at 1110 MEADOWLARK RIDGE UNIT#48, LONDON, CANADA.
Next in line are condominiums with 366 listings. A two-bedroom and two-bathroom condominium are for sale at 460 CALLAWAY ROAD UNIT#806, LONDON, CANADA. You can own this beautifully constructed condominium home only for $599,900. Another 2 bedroom and 1 bathroom condominium home are for sale at 440 CENTRAL AVENUE UNIT#206, LONDON CANADA. This home will cost you only $295,000.
Some more details on the city and its real estate
Real estate data of London city have shown that its residents prefer condominium homes. The average sold price in the city is $443K. This price represents a monthly change of 14.1 percent, a quarterly change of 31.8 percent, and a yearly change of 78.4 percent. Around 40 homes have been sold out in the last 28 days.
