Central LondonHousing market

Central London

Central London Housing Market Report

Balanced Market

All types - for the month of March

Buyer's market Seller's market

4

Months of inventory (MOI)*

MOI in real estate tells you how long it would take to sell all the current homes on the market at the current sales pace if no new homes were listed. Typically, a MOI of 0-4 months indicates a seller’s market, where homes are selling quickly and there are more buyers than available homes.

40

Days on market (DOM)*

DOM refers to Average Days on Market, which represents how long on average listings remain on the market before selling. DOM excludes listings that are pulled from the market without selling. A low DOM means it sold quickly, while a high DOM could mean it's overpriced or less in demand.

Total Active Listings*

93 active

New

39(-17.02% YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2024: 65, in 2023: 45, in 2022: 22

Total Sold Listings*

23 sold

Median Sold Price

$410,000

Avg Days on Market

40 days

Median Bidding

-$14,900

Compared to number of sold, same period, in 2024: 21, in 2023: 18, in 2022: 34

*Data is for the month of March

Median Sold Price vs Average Days and Average Total Days on Market - Central London - All types

Sold vs Active vs New vs Relisted - Central London - All types

Sold Price Distribution - Central London - All types

Sold price distribution per the last 3 months's sold listings.

Property Type Distribution - Central London - All types

Property type distribution based on data from the last 3 months.

Median Price - Central London - All types

Just listed - Central London

trreb/IMG-X12101923_1.jpg

6 hours on market

653 William St, London

Detached3+131500-2000 sq ft

Listed by RE/MAX CENTRE CITY REALTY INC.

Home with brick exterior material, street for 587 Rosedale St, London Ontario N6B 2C7

Re-listed 10 hours ago

$•••,•••

587 Rosedale St, London

Detached2+13700-1100 sq ft

Listed by ROYAL LEPAGE TRILAND REALTY

Home with brick exterior material, street for 803.5 Maitland St, London East Ontario N5Y 2W6

13 hours on market

803.5 Maitland St, London East

Detached3+121500-2000 sq ft

Listed by KELLER WILLIAMS LIFESTYLES

Home with vinyl exterior material, street for 558 Princess Ave, London Ontario N6B 2B9

Re-listed 1 day ago

$•••,•••

558 Princess Ave, London

Detached632000-2500 sq ft

Listed by SUTTON GROUP - SELECT REALTY

Home with brick exterior material, street for 583 ROSEDALE St, London Ontario N6B 2C7

2 days on market

583 ROSEDALE St, London

Detached421500-2000 sq ft

Listed by COLDWELL BANKER POWER REALTY

Unknown for 2283 Darwin Cres, London Ontario N6P 0J6

2 days on market

2283 Darwin Cres, London

Detached442500-3000 sq ft

Listed by CENTURY 21 FIRST CANADIAN CORP. DEAN SOUFAN INC.

Unknown for 2295 Darwin Cres, London Ontario N6P 0J6

2 days on market

2295 Darwin Cres, London

Detached442000-2500 sq ft

Listed by CENTURY 21 FIRST CANADIAN CORP. DEAN SOUFAN INC.

Home with brick exterior material, building for 2287 Darwin Cres, London Ontario N6P 0J6

2 days on market

2287 Darwin Cres, London

Detached442000-2500 sq ft

Listed by CENTURY 21 FIRST CANADIAN CORP. SHAHIN TABESHFARD INC.

Unknown for 2299 Darwin Cres, London Ontario N6P 0J6

2 days on market

2299 Darwin Cres, London

Detached431500-2000 sq ft

Listed by CENTURY 21 FIRST CANADIAN CORP. SHAHIN TABESHFARD INC.

Balcony in the apartment, building for 389 Dundas St #604, London Ontario N6B 3L5

Re-listed 2 days ago

389 Dundas St #604, London

Condo11800-899 sq ft

Listed by COLDWELL BANKER POWER REALTY

Just sold - Central London

Patio, city buildings view from balcony for 500 Talbot St #905, London Ontario N6A 2S3

Sold 3 days ago

Sold for $336,000

500 Talbot St #905, London

Condo221200-1399 sq ft

Listed by EXP REALTY

Unknown for 460 Wellington St #307, London Ontario N6A 3P8

Sold 3 days ago

Sold for $320,000

$20K below asking

460 Wellington St #307, London

Condo221400-1599 sq ft

Listed by ROYAL LEPAGE TRILAND REALTY

Unknown for 713 Adelaide St, London Ontario N5Y 2L4

Sold 3 days ago

Sold for $422,000

$27K below asking

713 Adelaide St, London

Detached4+11700-1100 sq ft

Listed by IPRO REALTY LTD

Home with brick exterior material, street for 572 Rosedale St, London Ontario N6B 2C6

Sold 9 days ago

Sold for $524,900

$5K below asking

572 Rosedale St, London

Detached2+12700-1100 sq ft

Listed by COLDWELL BANKER POWER REALTY

Unknown for 152 Albert St #7, London Ontario N6A 1M1

Sold 9 days ago

Sold for $449,900

$25K below asking

152 Albert St #7, London

Condo241200-1399 sq ft

Listed by SUTTON GROUP - HODGSON REALTY INC.

Home with brick exterior material, street for 300 South St, London Ontario N6B 1B7

Sold 9 days ago

Sold for $498,000

300 South St, London

Detached321100-1500 sq ft

Listed by SUTTON GROUP - SELECT REALTY

Home with brick exterior material, street for 516 William St, London Ontario N6B 3E6

Sold 11 days ago

Sold for $440,000

$40K above asking

516 William St, London

Townhouse532000-2500 sq ft

Listed by KELLER WILLIAMS LIFESTYLES

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, city buildings view from balcony for 363 Colborne St #1806, London Ontario N6B 3N3

Sold 14 days ago

Sold for $370,000

$10K below asking

363 Colborne St #1806, London

Condo221000-1199 sq ft

Listed by BLUE FOREST REALTY INC.

A pic from exterior of the house or condo, the front or back of building for 389 Dundas St #305, London Ontario N6B 3L5

Sold 15 days ago

Sold for $262,899

$22K below asking

389 Dundas St #305, London

Condo11800-899 sq ft

Listed by STREETCITY REALTY INC.

Unknown for 330 Ridout St #2301, London Ontario N6A 0A7

Sold 17 days ago

Sold for $450,000

330 Ridout St #2301, London

Condo111000-1199 sq ft

Listed by RE/MAX REAL ESTATE CENTRE INC.

Population and Demographics

Overview

Total population 16774

Average household income $95,260

Age (%)

20 to 34

38%

50 to 64

18%

35 to 49

17%

65 and plus

16%

0 to 19

10%

Household composition (%)

Single person

57%

Single family

33%

Multi person

10%

Multi family

0%

Mother tongue (%)

English

87%

Others

4%

Spanish

3%

Arabic

2%

French

2%

Portuguese

1%

House tenancy (%)

Renters

77%

Owners

23%

Top 4 Schools in Central London

London Central Secondary School509 Waterloo St, N6B 2P8, London, ON

9.2/10

Public•9-12

Catholic Central High School450 Dundas St, N6B 3K3, London, ON

5.7/10

Public•9-12

H B Beal Secondary School525 Dundas St, N6B 1W5, London, ON

4.8/10

Public•9-12

Aberdeen Public School580 Grey St, N6B 1H8, London, ON

3.2/10

Public•JK-8

Transportation

Car Friendly

3/5

Arteries nearby, but traffic congestion and parking problems are possible

Pedestrian Friendly

4/5

Some day-to-day needs are within walking distance

Transit Friendly

3/5

Transit is available for most trips

Shopping, Food and Nightlife

Cafes

3/5

Some cafés within walking distance

Groceries

4/5

At least one grocery store within a few minutes' walk

Nightlife

2/5

Few or no bars within walking distance

Shopping

3/5

Variety of shops within walking distance

Restaurants

3/5

Variety of restaurants within walking distance