Home Trends from The Dwyer Team

THE DWYER TEAM

Average Home Price Remains Steady

ACTIVE LISTINGS 2,421

NEW LISTINGS 1,055

SOLD LISTINGS 410

BENCHMARK PRICE All Residential $561,600

London, ON, March 2026 – 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. 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.

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