Courtesy of Blair Patton

AVERAGE HOME PRICE REMAINS STEADY

410 SOLD LISTINGS 38.9% SALES TO NEW LISTING RATIO 1,055 NEW LISTINGS 2,421 ACTIVE LISTINGS (residential inventory)

$561,600 all residential DOWN 13.3% year-to-year

Benchmark Price

5.9 MONTHS OF INVENTORY

London, ON – In February, 410 homes changed hands via the Multiple Listing Service® (MLS®) of the London and St. Thomas Association of REALTORS® (LSTAR). Although down 18.7% compared to the same month a year ago, the home sales jumped up from January, which saw 341 homes sold. “We’re encouraged by the uptick in sales,” said Robin Tiller, LSTAR’s 2026 Chair. “There is a lot of pent-up demand, and we’ll be closely watching the Bank of Canada’s next interest rate announcement scheduled for March 18.” Average sales price in February was $622,414, down 3.5% from February 2025 and on par with the $624,550 average price recorded in January. Statistics reflect market activity in February 2026 | Source: London St. Thomas Association of REALTORS ® | Market values stated are of the benchmark of London St. Thomas. Individual home market values vary and are affected by factors such as location, size, interior and exterior condition. Please call to get an up-to-date evaluation of your home.

#7 in sales at Sutton for 2025

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The greatest compliment my clients can give me is the referral of family and friends! BLAIR PATTON Sales Representative Direct: 519.630.9883 | Office: 519.438.2222 blairpatton@rogers.com | www.BlairPatton.com

2025

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