All Blog Entries by London Ontario Real Estate

Found 70 blog entries published by London Ontario Real Estate.

44 Birchmount WalkNestled on a quiet mature cul-de-sac in prestigious Winder Woods sits this truly special executive home with a breathtaking backyard oasis, featuring a heated saltwater pool with Swim Jets, a hot tub, pool house with wet bar & 2-piece washroom, koi pond, and campfire pit. Whether relaxing like you’re on vacation or entertaining friends & family, this backyard retreat doesn’t disappoint!

 

 

44 Birchmount Walk, LondonFall in love with your new chef’s kitchen boasting two islands (one with bar sink), two pantries, granite countertops, high-end appliances, and separate coffee/bar area ideal for entertaining. The remainder of the main floor consists of a dining room, formal living room, family room, office, powder room, and mud room connected to the oversized heated 2-car

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Home sales remain steady in December, capping off a strong year for real estate across in London.

London and St. Thomas Association of REALTORS® (LSTAR) announced 439 homes* were sold in December, up 2.1% over December 2017 and right on par with the 10-year average. The number of home resales for the year was 9,799, down 13.3% compared to 2017, which set a record year for residential real estate.

"One of the trends that stood out in December was the sales-to-new listings ratio, which was 108.1% across the region," said Jeff Nethercott, 2018 LSTAR President. "It's a statistic the Canadian Real Estate Association (CREA) says represents conditions in the marketplace that favour sellers (a ratio between 40% and 60% is generally consistent with a

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Strong home sales continue in November.

London and St. Thomas Association of REALTORS® (LSTAR) announced 746 homes* were sold in November, up 6.7% over November 2017. The number of home resales was the second highest total ever for November since LSTAR began tracking data in 1978. November 2016 holds the record with 749 home resales, only three more than November 2018.

"In November, we saw more positive signs with new listings in the marketplace, which contributed to the robust sales activity," said Jeff Nethercott, 2018 LSTAR President. "November had 898 new listings, an increase of 17.5% over the same month last year. The area of London East continues to be making healthy gains in both new listings and average sales price. It had 192 new listings,

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A record month for home sales in October.

London and St. Thomas Association of REALTORS® (LSTAR) announced a record 906 homes* were sold in October, up 11.9% over the same month last year. The number of home resales in October mark the best monthly total for October, since LSTAR began tracking data in 1978.

"It was a very strong October, with home resales high above the 10-year-average," said Jeff Nethercott, 2018 LSTAR President. "One of the trends we saw in October was a healthy increase in the number of new listings to the marketplace. October had 1,171 new listings, up 38.1% compared to October 2017. Average sales price continues to make steady gains as well all across the region."

Making the biggest gain was London East, where the average

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Home Sales Remain Strong in September.

London and St. Thomas Association of REALTORS® (LSTAR) announced 776 homes* were sold in September, down 6.1% over the same month last year. The number of home resales are above the 10-year average, despite low inventory in the marketplace.  "All year we’ve been managing the challenges of low supply and it continues to impact home resales," said Jeff Nethercott, 2018 LSTAR President. "What we did experience was a large increase in the average price for resale activity. In September, the average sales price was $386,520, up 21.0% compared to a year ago, and up 57.9%, compared to just five years ago."

All major London centres saw jumps in their average sales price in September. Making the biggest gain was London

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Solid home sales in august cap a strong summer season.

London and St Thomas Association of REALTORS® (LSTAR) announced 923 homes* were sold in August, up 2.2% over the same time last year. August 2018 marked the second best August for home resales since the Association began tracking sales data in 1978. August 2016 holds the record, with 999 home resales.

"It was a very strong summer for home resales, with August achieving very solid numbers," said Jeff Nethercott, 2018 LSTAR President. "Resale activity has performed high above the 10-year average, despite low inventory, which the marketplace has experienced all year. The average sales price continues to rise: it was $378,511, up 18.0% from August 2017. When you go back five years, that’s up 54.2%

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July home sales reflect robust summer season.

London and St Thomas Association of REALTORS® (LSTAR) announced 1,000 homes* were sold in July, down 1.8% over the same time last year. July 2018 marked the third best July for home resales since the Association began tracking sales data in 1978.

"The numbers tell us we’re experiencing a very healthy summer for home resales," said Jeff Nethercott, 2018 LSTAR President. "This is the third consecutive month of at least 1,000 homes being sold and the resale activity remains above the 10-year average. Inventory remains at a 10-year low, while we continue to see an increase in average sales price."

By geographic area, London East continues to make the largest gains, with the average July sales price at

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Home sales strong in june, despite inventory challenges.

London and St Thomas Association of REALTORS® (LSTAR) announced 1,080 homes* were sold in June, down 14.6% over the same time last year, which saw a record-setting month for June with 1,264 homes sold since the Association began tracking sales data in 1978.

"The home sales in June continue the strong momentum we saw in May, setting the stage for a very robust season for resale homes this summer," said Jeff Nethercott, 2018 LSTAR President. "Sales activity remains above the 10-year average, as the marketplace continues to manage the lowest inventory levels since 2009. Average home prices are making slight gains all across the region."

By geographic area, London East made the biggest gains,

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Home sales strong in May, with best monthly numbers in 2018.

The London and St Thomas Association of REALTORS® (LSTAR) announced 1,171 homes* were sold in May, down 24.4% over the same time last year, which saw a record-setting month for May with 1,549 homes sold. The May 2017 home sales stands as the highest ever sales month in LSTAR’s history, since the Association began tracking sales data in 1978.

"We're very encouraged by the sales in May, which represent the third best May results LSTAR has had," said Jeff Nethercott, 2018 LSTAR President. "The homes sold are actually above the 10-year average, despite the ongoing challenge of low inventory in the marketplace. Similar to what’s happened each month this year, home prices continue to gradually

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196 Crimson Cr, London OntarioBeautifully maintained 3+1 bedroom 3.5 bathroom home with fully finished basement located on a quiet crescent, backing onto greenspace.

Instantly, you’ll notice the gorgeous curb appeal with its landscaping, covered front porch, oversized 1.5 car garage with double-wide stamped concrete driveway.

 

196 Crimson Cr, LondonInside, the spacious kitchen & eating area provide plenty of counterspace with the built-in breakfast bar island, offering easy access to the side/back deck via the eating area sliding doors.

Relax in the magazine-like Living Room boasting cathedral ceilings & gas insert fireplace.

 

196 Crimson CrUpstairs, your new home features 3 spacious bedrooms & 2 full bathrooms – the Master Bedroom is large, with cathedral ceilings, 4-piece ensuite bathroom, and

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