Home Trends from The Dwyer Team

THE DWYER TEAM

HOUSING SALES PICK UP IN SEPTEMBER

ACTIVE LISTINGS 3,335

NEW LISTINGS 1,615

SOLD LISTINGS 561

BENCHMARK PRICE All Residential $611,509

London, ON (Oct. 2026) – I n September, 561 homes changed hands via the Multiple Listing Service® (MLS®) of the London and St. Thomas Association of REALTORS® (LSTAR), up 5.3% compared to September 2025 and up from the previous month, which recorded 526 sales. “The average sales price saw a jump to $611,509, from $590,550 recorded in August,” said Robin Tiller, LSTAR’s 2026 Chair. “Notably, London South and London North experienced the biggest gains in average sales price, month over month. In London South, the September average sales price was $608,872, up from the August average sales price of $567,783. In London North, the September average sales price was $704,858, up from the previous month, which was $668,345.” The September sales-to-new listings ratio was 34.7%, down from August, which came in at 37.5%. According to the Canadian Real Estate Association (CREA), a ratio between 45% and 65% indicates conditions of a balanced market. Source: London St. Thomas Association of REALTORS® | Market values stated are of the benchmark of London St. Thomas and surrounding region. Individual home market values will 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.

CLICK FOR FULL REPORT

Or Call With Your Real Estate Market Questions

Office: 226-667-6400

Made with FlippingBook - professional solution for displaying marketing and sales documents online