River BendHousing market

River Bend

River Bend Housing Market Report

Strong Buyer's Market

All types - for the month of March

Buyer's market Seller's market

9

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.

65

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*

55 active

New

18(-10.00% YoY)

Relisted

1(- YoY)

Compared to number of active, same period, in 2024: 39, in 2023: 24, in 2022: 9

Total Sold Listings*

6 sold

Median Sold Price

$799,500

Avg Days on Market

65 days

Median Bidding

-$7,450

Compared to number of sold, same period, in 2024: 9, in 2023: 9, in 2022: 15

*Data is for the month of March

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

Sold vs Active vs New vs Relisted - River Bend - All types

Sold Price Distribution - River Bend - All types

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

Property Type Distribution - River Bend - All types

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

Median Price - River Bend - All types

Just listed - River Bend

Home with brick exterior material, street for 1741 Upper West Ave, London South Ontario N6K 0J2

Re-listed 1 hour ago

$•••,•••

1741 Upper West Ave, London South

Detached453500-5000 sq ft

Listed by CENTURY 21 FIRST CANADIAN CORP

Home with brick exterior material, street for 1918 Fountain Grass Dr, London South Ontario N6K 4P9

Re-listed 2 hours ago

$•••,•••

1918 Fountain Grass Dr, London South

Detached432000-2500 sq ft

Listed by CENTURY 21 FIRST CANADIAN CORP

Home with brick exterior material, building for 1560 Upper West Ave #214, London South Ontario N6K 4P9

4 hours on market

1560 Upper West Ave #214, London South

Condo11800-899 sq ft

Listed by CENTURY 21 FIRST CANADIAN CORP

Just sold - River Bend

Home with brick exterior material, building for 1560 Upper West Ave #309, London South Ontario N6K 4P9

Sold 2 days ago

Sold for $751,500

$8K above asking

1560 Upper West Ave #309, London South

Condo221400-1599 sq ft

Listed by CENTURY 21 FIRST CANADIAN CORP

Unknown for 1965 UPPERPOINT Gate #125, London Ontario N6K 0L2

Sold 12 days ago

Sold for $630,000

$10K below asking

1965 UPPERPOINT Gate #125, London

Condo331600-1799 sq ft

Listed by NU-VISTA PREMIERE REALTY INC.

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, unknown for 2320 Jack Nash Dr, London Ontario N6K 5R3

Sold 15 days ago

Sold for $950,000

$49K below asking

2320 Jack Nash Dr, London

Detached2+231500-2000 sq ft

Listed by SUTTON GROUP CHAPMAN REALTY INC.

Population and Demographics

Overview

Total population 4312

Average household income $176,213

Age (%)

65 and plus

27%

0 to 19

24%

35 to 49

19%

50 to 64

17%

20 to 34

12%

Household composition (%)

Single family

80%

Single person

19%

Multi person

1%

Multi family

0%

Mother tongue (%)

English

87%

Others

4%

Spanish

2%

Portuguese

2%

Arabic

2%

French

1%

House tenancy (%)

Owners

75%

Renters

25%

Top 1 School in River Bend

St. Nicholas Senior Separate School1956 Shore Rd, N6K 0B4, London, ON

6.8/10

Public•JK-8

Transportation

Car Friendly

4/5

Good access to freeways and major arteries, with a large amount of parking nearby

Pedestrian Friendly

1/5

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

0/5

No grocery stores within walking distance

Nightlife

0/5

Few or no bars within walking distance

Shopping

1/5

Few or no shops within walking distance

Restaurants

1/5

Few or no restaurants within walking distance