Property prices for sale in London (Ontario)

The prices in real estate in London, in the Ontario region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.

$758,833.33
Average price last 6 months
$2,220.17
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in London has had a strong decrease during the last 6 months. In December, the average price per sq.feet was $11,033. In the following month the price per sq.feet decreased considerably to $453. The price for the following two months in (February, March) had a considerable decrease of 8 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 15 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $3,103 to $454.5 during April, and May.

Average price

Based upon to the price in London (cities), this has gone up in the last 6 months. The price in December is $686,291, rising in January till $767,643. During the following two months (February, March) the price has had an average incrementation from $726,967 to $776,200. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $751,583.5 and $773,333 between April and May.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $769,154 they are 53 % more affordable than the average price for London. The properties with the highest average price have 4 bedrooms, Their price is 12 % more costly than the average. After that we have properties with 3 bedrooms priced at $622,456.

With regard to the average price per sq.feet , those properties with 2 bedrooms are the most costly ones at a cost of $471 / sq.feet, with an average $442 / sq.feet price in London. The properties with the highest average prices have 1 bedroom. They are 19 % more expensive than the average followed by properties with 4 bedrooms with a price at $494 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $769,154 it is 35 % cheaper than the average price in London. "House" is seen as the second most affordable property type. The dearest property type is "Land" followed by "Condo". At a price of $845,667 it is 455 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $402 / sq.feet followed by "Condo" priced at $6,928 / sq.feet. "Duplex" is the most costly type of property with a $51,153 / sq.feet cost followed by "Land" with an average price of $31,301 / sq.feet.

Charts data
Average price May
Average price per sq.feet May
Number of properties used in London
Number of properties used in region Ontario
$769,154
$442
3,438
180,970
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
525 First Street, London, On, N5v 1z5 Commercial For Sale L.
 1
525 First Street, London, On, N5v 1z5 Commercial For Sale L.
$2,495,000
London, Ontario - For Sale - House
Prime commercial investment opportunity: 20,233 sq. Ft freestanding plaza in east london. 10... Tire & more), 15 mins drive to hwy 401 & 13 mins to london airport. Do not go direct. (id:27). Still...
3 94 Pine Valley Gate, London, On, N6j 4p7 Condo For Sale.
 1
3 94 Pine Valley Gate, London, On, N6j 4p7 Condo For Sale.
$574,900
London, Ontario - For Sale - Condo - 5,253 sq.feet - 21 bedrooms - 3 bathrooms
Wonderful small complex in westmount! This one floor great-sized condo (1399 sq ft) has a front private courtyard with attached 2 car garage. Step inside this...
412 Regal Drive, London, On, N5y 1j7 House For Sale Listing.
 1
412 Regal Drive, London, On, N5y 1j7 House For Sale Listing.
$599,900
London, Ontario - For Sale - House - 915 sq.feet - 3 bedrooms - 2 bathrooms
Welcome home to 412 regal drive. Very nice corner lot side split in a quiet mature neighbourhood. This home includes 3 bedroom and 2 full bathrooms. Outside is...
15 Killarney Road, London, On, N5x 2a5 House For Sale Listi.
 1
15 Killarney Road, London, On, N5x 2a5 House For Sale Listi.
$749,900
London, Ontario - For Sale - House - 7,438 sq.feet - 31 bedrooms - 2 bathrooms
One of the most attractive homes in the family friendly community of northridge is now live on mls.15 killarney road is ready to meet its new owner! This 4...
63 Winship Close, London, On, N6c 5m8 House For Sale Listin.
 1
63 Winship Close, London, On, N6c 5m8 House For Sale Listin.
$769,900
London, Ontario - For Sale - House - 1,292 sq.feet - 4 bedrooms - 4 bathrooms
Of south london. Everything a large or growing family could ask for plus convenient walking distance...