LambethHousing market

Lambeth

Lambeth Housing Market Report

Strong Buyer's Market

All types - for the month of March

Buyer's market Seller's market

18

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.

173

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*

53 active

New

25(-13.79% YoY)

Relisted

2(0% YoY)

Compared to number of active, same period, in 2024: 40, in 2023: 17, in 2022: 12

Total Sold Listings*

3 sold

Median Sold Price

$1,200,000

Avg Days on Market

173 days

Median Bidding

-$89,000

Compared to number of sold, same period, in 2024: 9, in 2023: 6, in 2022: 8

*Data is for the month of March

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

Sold vs Active vs New vs Relisted - Lambeth - All types

Sold Price Distribution - Lambeth - All types

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

Property Type Distribution - Lambeth - All types

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

Median Price - Lambeth - All types

Just listed - Lambeth

Home with brick exterior material, street for 4099 Sugarmaple Cross, London Ontario N6P 0H6

2 days on market

4099 Sugarmaple Cross, London

Detached2+133460 sq ft

Listed by Pay It Forward Realty

Home with brick exterior material, street for 6713 HAYWARD Dr, London Ontario N6P 0H7

2 days on market

6713 HAYWARD Dr, London

Townhouse331500-2000 sq ft

Listed by ROYAL LEPAGE TRILAND REALTY

Home with brick exterior material, street for 7037 Diane Cres, London South Ontario N6P 1G2

6 days on market

7037 Diane Cres, London South

Detached332000-2500 sq ft

Listed by CENTURY 21 FIRST CANADIAN CORP

Home with brick exterior material, street for 2347 Bakervilla St, London South Ontario N6P 0H4

8 days on market

2347 Bakervilla St, London South

Detached4+152500-3000 sq ft

Listed by RE/MAX EXCELLENCE REAL ESTATE

Home with brick exterior material, street for 3900 SAVOY St #161, London Ontario N6P 0H9

13 days on market

3900 SAVOY St #161, London

Condo-31200-1399 sq ft

Listed by CENTURY 21 FIRST CANADIAN CORP

Home with brick exterior material, street for 14 SCOTTSDALE St, London Ontario N6P 1E5

Sold cond. - Escape clause

14 SCOTTSDALE St, London

Detached3+152500-3000 sq ft

Listed by CENTURY 21 FIRST CANADIAN CORP

Unknown for 4079 Sugarmaple Crossing N/A, London Ontario N6P 0H6

21 days on market

4079 Sugarmaple Crossing N/A, London

Detached443000-3500 sq ft

Listed by NU-VISTA PREMIERE REALTY INC.

Home with brick exterior material, street for 3948 Campbell St, London Ontario N6P 0H7

22 days on market

3948 Campbell St, London

Detached43- sq ft

Listed by THRIVE REALTY GROUP INC.

Home with brick exterior material, building for 4067 Fallingbrook Rd, London Ontario N6P 0H7

23 days on market

4067 Fallingbrook Rd, London

Detached44- sq ft

Listed by THRIVE REALTY GROUP INC.

Unknown for 4075 Fallingbrook Rd, London Ontario N6P 0H7

23 days on market

4075 Fallingbrook Rd, London

Detached44- sq ft

Listed by THRIVE REALTY GROUP INC.

Just sold - Lambeth

Home with brick exterior material, street for 1983 Westwick Walk, London Ontario N6P 0A3

Sold 8 days ago

Sold for $960,000

$29K below asking

1983 Westwick Walk, London

Detached3+131500-2000 sq ft

Listed by THE REALTY FIRM INC.

Home with brick exterior material, street for 3873 CAMPBELL St, London Ontario N6G 0X6

Sold 17 days ago

Sold for $823,000

$27K below asking

3873 CAMPBELL St, London

Detached431500-2000 sq ft

Listed by ROYAL LEPAGE TRILAND PREMIER BROKERAGE

Frontside or backside of a home, the street view for 4690 COLONEL TALBOT Rd #3, London Ontario N6P 1S6

Sold 28 days ago

Sold for $730,000

$90K below asking

4690 COLONEL TALBOT Rd #3, London

Condo2+132250-2499 sq ft

Listed by THE REALTY FIRM INC., BROKERAGE

Frontside or backside of a home, cottage for 2393 Bakervilla St, London Ontario N6P 0H4

Sold 29 days ago

Sold for $1,200,000

$89K below asking

2393 Bakervilla St, London

Detached4+142500-3000 sq ft

Listed by CENTURY 21 FIRST CANADIAN CORP

Unknown for 8 Aspen Pl, London Ontario N6P 1C6

Sold 47 days ago

Sold for $1,950,000

$49K below asking

8 Aspen Pl, London

Detached4+165000 + sq ft

Listed by STREETCITY REALTY INC.

Floor plan for 4125 Fallingbrook Rd, London Ontario N6P 1H5

Sold 79 days ago

Sold for $1,478,000

4125 Fallingbrook Rd, London

Detached443000-3500 sq ft

Listed by NU-VISTA PREMIERE REALTY INC.

A pic from exterior of the house or condo, the street view for 6708 Hayward Dr, London Ontario N6P 0H7

Sold 83 days ago

Sold for $720,000

$20K above asking

6708 Hayward Dr, London

Townhouse221100-1500 sq ft

Listed by CENTURY 21 FIRST CANADIAN CORP

Home with brick exterior material, street for 57 Sunray Ave, London Ontario N6P 1C3

Sold 85 days ago

Sold for $650,000

$30K below asking

57 Sunray Ave, London

Detached321100-1500 sq ft

Listed by ROYAL LEPAGE TRILAND REALTY

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 6690 Beattie St, London Ontario N6P 1T6

Sold 97 days ago

Sold for $719,000

6690 Beattie St, London

Detached32- sq ft

Listed by ROYAL LEPAGE TRILAND REALTY

Home with brick exterior material, street for 56 David St, London Ontario N6P 1B3

Sold 107 days ago

Sold for $645,000

56 David St, London

Detached2+12- sq ft

Listed by RE/MAX ADVANTAGE REALTY LTD.

Population and Demographics

Overview

Total population 4274

Average household income $152,400

Age (%)

0 to 19

25%

35 to 49

20%

65 and plus

20%

50 to 64

19%

20 to 34

16%

Household composition (%)

Single family

77%

Single person

21%

Multi person

1%

Multi family

0%

Mother tongue (%)

English

86%

Others

5%

Arabic

3%

Punjabi (Panjabi)

2%

Spanish

1%

House tenancy (%)

Owners

83%

Renters

17%

Top 1 School in Lambeth

Lambeth Public School6820 Duffield St, N6P 1A4, London, ON

8/10

Public•JK-8

Transportation

Car Friendly

5/5

Excellent access to freeways and major arteries, with a vast amount of parking nearby

Pedestrian Friendly

2/5

Other transportation modes are needed to reach day-to-day needs

Transit Friendly

1/5

Few transit options

Shopping, Food and Nightlife

Cafes

2/5

Few or no cafés within walking distance

Groceries

2/5

At least one grocery store within a 30-minute walk

Nightlife

0/5

Few or no bars within walking distance

Shopping

2/5

Some shops within walking distance

Restaurants

2/5

Few or no restaurants within walking distance