Central LondonHousing market

Central London

Central London Housing Market Report

Strong Buyer's Market

All types - for the month of April

Buyer's market Seller's market

8

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 5+ months indicates a buyer’s market, where homes are selling slowly and there are more homes than available buyers.

43

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*

110 active

New

62(+10.71% YoY)

Relisted

1(-83.33% YoY)

Compared to number of active, same period, in 2024: 84, in 2023: 46, in 2022: 32

Total Sold Listings*

14 sold

Median Sold Price

$444,950

Avg Days on Market

43 days

Median Bidding

-$7,450

Compared to number of sold, same period, in 2024: 26, in 2023: 22, in 2022: 25

*Data is for the month of April

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

Home with brick exterior material, street for 1241 Hamilton Rd #40, London East Ontario N5W 6B3

18 hours on market

1241 Hamilton Rd #40, London East

Condo2+121000-1199 sq ft

Listed by ROYAL LEPAGE TRILAND REALTY

Home with brick exterior material, street for 184 Simcoe St, London East Ontario N6B 1H9

Re-listed 1 day ago

$•••,•••

184 Simcoe St, London East

Townhouse5+142000-2500 sq ft

Listed by CENTURY 21 MILLENNIUM INC.

Unknown for 323 Colborne St #1501, London East Ontario N6B 3N8

1 day on market

323 Colborne St #1501, London East

Condo221000-1199 sq ft

Listed by SUTTON GROUP - SELECT REALTY

Unknown for 389 Dundas St #2401, London East Ontario N6B 3L5

Re-listed 1 day ago

389 Dundas St #2401, London East

Condo11600-699 sq ft

Listed by KELLER WILLIAMS LIFESTYLES

Home with brick exterior material, street for 4268 Liberty Crossing, London South Ontario N6P 1J9

1 day on market

4268 Liberty Crossing, London South

Detached4+242000-2500 sq ft

Listed by CENTURY 21 FIRST CANADIAN CORP

Unknown for 505 Talbot St #1708, London East Ontario N6A 2S6

2 days on market

505 Talbot St #1708, London East

Condo221200-1399 sq ft

Listed by TOPTREE REALTY INC.

Home with vinyl exterior material, street for 558 Waterloo St, London East Ontario N6B 2P9

Re-listed 2 days ago

$•••,•••

558 Waterloo St, London East

Detached421500-2000 sq ft

Listed by SUTTON GROUP PREFERRED REALTY INC.

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, city buildings view from balcony for 435 Colborne St #208, London East Ontario N6B 2T2

2 days on market

435 Colborne St #208, London East

Condo221000-1199 sq ft

Listed by CENTURY 21 FIRST CANADIAN CORP

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 #402, London East Ontario N6B 3N3

2 days on market

363 Colborne St #402, London East

Condo11800-899 sq ft

Listed by CENTURY 21 FIRST CANADIAN CORP

Unknown for LOT 68 FALLINGBROOK Cres, London South Ontario N6P 1H5

Re-listed 5 days ago

LOT 68 FALLINGBROOK Cres, London South

Detached241500-2000 sq ft

Listed by PRIME REAL ESTATE BROKERAGE

Just sold - Central London

Home with brick exterior material, street for 624 William St #5, London East Ontario N6B 3G2

Sold for $493,000

$7K below asking

624 William St #5, London East

Condo3+131800-1999 sq ft

Listed by INITIA REAL ESTATE (ONTARIO) LTD

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, unknown for 250 Pall Mall St #707, London East Ontario N6A 6K3

Sold 3 days ago

Sold for $446,500

250 Pall Mall St #707, London East

Condo221400-1599 sq ft

Listed by REAL BROKER ONTARIO LTD

Unknown for 155 KENT St #1402, London East Ontario N6A 5N7

Sold 6 days ago

Sold for $297,500

$12K below asking

155 KENT St #1402, London East

Condo22900-999 sq ft

Listed by ROYAL LEPAGE TRILAND REALTY

Unknown for 155 KENT St #906, London East Ontario N6A 5N7

Sold 8 days ago

Sold for $279,750

$20K below asking

155 KENT St #906, London East

Condo22900-999 sq ft

Listed by ROYAL LEPAGE TRILAND REALTY

Unknown for 323 colborne St #401, London East Ontario N6B 3N8

Sold 14 days ago

Sold for $345,000

323 colborne St #401, London East

Condo221000-1199 sq ft

Listed by CENTURY 21 FIRST CANADIAN CORP

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

Sold 23 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 23 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 23 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 29 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 East Ontario N6A 1M1

Sold 29 days ago

Sold for $449,900

$25K below asking

152 Albert St #7, London East

Condo241200-1399 sq ft

Listed by SUTTON GROUP - HODGSON REALTY 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