Home Sales Hit Another Record in June!

The London and St Thomas Association of REALTORS® (LSTAR) announced home sales achieved the best results ever for the month of June, since LSTAR began tracking sales data in 1978*. A total of 1,245 homes were sold in June, an increase of 9.9% over the same period last year.

"We're halfway through the year, and we had the sixth consecutive month of record sales," said Jim Smith, LSTAR President. "Other regions have started to see a drop in sales, according to the latest figures from the Canadian Real Estate Association (CREA). Although activity has started to slow down in other municipalities, REALTORS® across London and St. Thomas continue to receive interest from outside the region. Our marketplace continues

Home Sales Soar to a New Record in May!

The London and St Thomas Association of REALTORS® (LSTAR) announced a total of 1,539 homes were sold in May, an increase of 33.4% over the same period last year. This represents the best results ever for May, and the highest monthly home sales total ever recorded, since LSTAR began tracking data in 1978*.

"We're experiencing a very strong marketplace, with the fifth consecutive month of record sales," said Jim Smith, LSTAR President. "REALTORS® are still seeing multiple offer scenarios and interest from outside the region. When you factor in the region's low unemployment rate and continued job growth, the economy is firing on all cylinders. This year, year-to-date home sales are already 27% ahead of 2016."

Backing onto the Thames River!

Classic Georgian style home, with center hall plan, on a quiet crescent near the core of the city, with a million-dollar view!

Imagine waking up in your spacious Master Bedroom (formerly 2 bedrooms) and walking right out onto the balcony for a breathtaking view of the river forks – what a way to start your day! Or finish the day with a glass of wine while watching the sunset – who needs a cottage with a view like this?!

This beautiful home features a large formal Living Room with stone wood burning fireplace, and walkout to the screened in covered porch. The updated kitchen with eating/sitting area addition (2005) also exits to the same covered porch, as well as to the side yard BBQ area. Formal

Immaculately maintained Reid’s Heritage Homes ‘Bedford II’ model, offering a lot of space for the growing family (2,173 sq ft above grade), featuring a second floor Family Room with gas insert fireplace, 10.5’ ceilings, and tons of natural light coming through the oversized Palladian windows.

The main floor also provides a lot of natural light, with a 2nd set of oversized Palladian windows & vaulted ceiling in the Living Room, as well as all the windows surrounding the kitchen eating area.

Step out from the eating area onto the 1 year old deck to enjoy your landscaped back yard, fully surrounded by privacy fence.

Upstairs boasts 3 spacious bedrooms, 2 full bathrooms, and a laundry room… with large master bedroom featuring a walk-in closet

Best April Ever!

The London and St Thomas Association of REALTORS® (LSTAR) announced another record month for residential sales in April, with a total of 1,220 homes sold, an increase of 14.2% over the same period last year. This represents the best results ever for April, since LSTAR began tracking sales data in 1978.

"Since the beginning of the year, every month has achieved record sales. After the first four months, we're about 25 percent ahead in home sales compared to 2016," said LSTAR President. "It just shows how desirable the region is, when you consider affordability, accessibility and lifestyle. London and St. Thomas have so many features that make them attractive destinations to live, work, raise families and retire. We've got

Fully licenced purpose-built Triplex between downtown and Victoria Hospital. Currently under-rented with tremendous upside potential.

Nearly $50,000 has gone into renovations over the past 3 years, including new furnace, owned water heater, electrical, plumbing, flooring, drywall, insulation, bathroom & kitchen upgrades, & more!

Upper 2-bedroom unit is currently owner occupied, and will stay on as a tenant @ $800/mo + hydro until a new home is found.

Lower Level 1-bedroom unit could be converted to a 2-bedroom using the adjoining storage/other room (furnace & water heater were recently moved to accommodate this); current tenant paying $621 all inclusive. All units separately metered.

Good clean tenants who don’t miss rent + low

Charm & elegance awaits you in this updated Century Home!

Tons of natural woodwork, stained glass, hardwood floors, and pocket french doors.

Updated kitchen, windows, electrical, and plumbing. Gorgeous wrap around porch, and rear covered deck to admire the large fenced & treed back yard.

3 spacious bedrooms, 2nd floor laundry (could be 4th bedroom), and 3rd floor bonus room (approx. 600 sq ft finished attic space).

Lower level partially finished with walk-out. Great central location and tree lined street.

Best March Ever!

The London and St Thomas Association of REALTORS® (LSTAR) announced another record month for residential sales in March, with a total of 1,242 homes sold, an increase of 44% over the same period last year. This represents the best results ever for March since LSTAR began tracking sales data in 1978.

"We continue to experience a very robust marketplace, with some very strong year-to-date sales as well," said Jim Smith, LSTAR 2017 President. "After the first quarter of 2017, year-to-date sales are up by 30.4%, compared to 2016. We've been telling consumers who are thinking about putting their home on the market that current conditions are very encouraging. You have to go back to 2004, the only other instance when sales surpassed 1,000

Looking for a cute little house on a huge private lot? Looking for something with a ‘teen retreat’ or with in-law suite potential? Don’t miss this all-brick bungalow at the end of a dead-end street on a triple lot, with separate entrance to the basement which includes a second kitchen & bathroom!

The main floor consists of 2 bedrooms, a Living Room, a Dining Room, a kitchen, and full bathroom. Downstairs, you’ll find a large kitchen (currently no appliances), a bathroom, and Family Room / Bedroom combo (formerly separate, and could easily be again with a divider or wall).

Just imagine the Family & Friend ‘Get Togethers’ you could have this summer in this massive private back yard! Come have a look today & see for yourself.

Best February Ever!

The London and St Thomas Association of REALTORS® (LSTAR) announced residential sales achieved its best February results ever, since LSTAR began tracking sales data in 1978. A total of 763 homes were sold in February, an increase of 17% over the same period last year.

"We experienced another strong month, with year-to-date sales also up by 19.5%" said Jim Smith, LSTAR 2017 President. "Again, we're observing this trend of low supply and high demand, with February having a 9.8% decrease in the number of available listings, compared to this time last year. For those considering of putting their home on the market, the current conditions are very encouraging."

In February, a total of 597 detached homes were sold, an increase of