London Townhomes
In London, many of the residential buildings are townhomes and single detached homes while small apartment buildings are also available in housing stock. Around 30 percent of the housing properties in London were constructed in 1960s & in 1970s, but the many rests of the buildings were built pre-1960 & in 1980s.
London city mainly has two bedroom and three bedroom homes. Around 60 percent of London’s population are the owners of their homes while the remaining 30 percent are rented.
How many listings are available for sale?
London townhomes have 520 listings. Real estate experts of London mainly focus on three types of listings. These are active listings, new listings and sold out listings. Number of listings are different for different home styles in the city. Townhomes have 6 new listings, 5 sold listings and 3 active listings.
Number of listings are also different for different bedrooms of townhomes. As of January 2023, one and two bedroom townhomes are less common so their number of listings are not available. While 3 bedroom townhomes have 4 new listings, 5 sold listings and 2 active listings. Similarly, 4 bedroom townhomes have one new listing while they have no active and sold listing.
What is the average price?
As of January 2023, London has an average price of $1,033,853. As of today, the city has 19 median days to sell a residential property in housing market stock. Just like the number of listings, average price is also different for different housing styles. Detached homes have an average price of $1.1M while this price was $1.2M about three months ago. Similarly, townhomes have an average price of $575k while condominiums homes have an average price of $625k. Conclusively, townhomes are the most affordable homes in London city.
Just like listings, average prices are also different for different bedrooms. Townhomes with one and 2 are comparatively less common. Townhomes with 3 bedrooms have an average cost of $757K while this price was $705K about three months ago. The four bedroom townhomes have an average price of $750k while this price was $727k about three months ago.
What is available in the price range?
Within their average price range many townhomes are available for sale in London. A three bedroom and 4 bathroom townhome is for sale at 1595 Capri Cares London. This is for $839,900. Similarly, another 3 bedroom and 3 bathroom townhome is for sale at 3900 Savoy Street Unit # 169, London, Canada. You can own this amazing townhome for only $725,000.
Similarly, you can buy another townhome at 975 Notre Dame Drive, London, Canada. This is for $399,900. In the same way, a 4 bedroom and 4 bathroom townhome is for sale at 42 Berkshire Court, London, Canada. You can own this townhome for only $599,900.
Some more details on London and its real estate
According to London’s real estate data, townhomes are the most affordable homes. These were a few examples. Almost 17 homes have been sold out in the last 56 days.
