Property prices for sale in London (Ontario)

The prices in real estate in London, in the Ontario region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.

$718,233.67
Average price last 6 months
$438.83
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in London has increased during the last 6 months. In July, the average price per sq.feet was $409. In August this price pretty much remained the same at a value of $421 per sq.feet. In the following two months the price per sq.feet has increased 106 %, going from $415 to $440.5 per sq.feet. The price per sq.feet has increased 108 % 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 $427.75 to $461 during November, and December.

Average price

Based upon to the price in London (cities), this has gone up in the last 6 months. The average price for July is $652,701. During August the price had a slight fall till $583,582. During the following two months (September, October) the price has had an average incrementation from $618,141.5 to $706,305. Based on an analysis of the first four prices and the last two months the average price has risen strongly 125 % during the last two months.

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 $909,453 they are 57 % more affordable than the average price for London. The properties with the highest average price have 4 bedrooms, Their price is 21 % more costly than the average. After that we have properties with 3 bedrooms priced at $603,214.

With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $407 / sq.feet, with an average $473 / sq.feet price in London. The properties with the highest average prices have 4 bedrooms. They are 7 % more expensive than the average followed by properties with 1 bedroom with a price at $499 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $909,453 it is 44 % cheaper than the average price in London. "Duplex" is seen as the second most affordable property type. The dearest property type is "Condo" followed by "House". At a price of $724,950 it is 340 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $376 / sq.feet followed by "House" priced at $442 / sq.feet. "Condo" is the most costly type of property with a $389,049 / sq.feet cost followed by "Duplex" with an average price of $52,674 / sq.feet.

Charts data
Average price December
Average price per sq.feet December
Number of properties used in London
Number of properties used in region Ontario
$909,453
$473
3,166
262,968
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value