South London
South London

South 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.

20

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*

37

New

24(+33.33% YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2024: 17, in 2023: 21, in 2022: 10

Total Sold Listings*

9

Median Sold Price

$485,000

Avg Days on Market

20 days

Median Bidding

-$4,900

Compared to number of sold, same period, in 2024: 14, in 2023: 10, in 2022: 23

*Data is for the month of March

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

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

Sold Price Distribution - South London - All types

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

Property Type Distribution - South London - All types

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

Median Price - South London - All types

Just sold - South London

View all

Population and Demographics

Overview

Total population 14566
Average household income $107,372

Age (%)

20 to 34
26%
50 to 64
21%
35 to 49
20%
65 and plus
18%
0 to 19
16%

Household composition (%)

Single person
50%
Single family
44%
Multi person
6%
Multi family
0%

Mother tongue (%)

English
91%
Others
3%
Spanish
2%
French
1%
Arabic
1%

House tenancy (%)

Renters
60%
Owners
40%

Top 5 Schools in South London

Wortley Road Public School301 Wortley Rd, N6C 3R6, London, ON
6.5/10
Public•JK-8
St Martin Separate School140 Duchess Ave, N6C 1N9, London, ON
4.7/10
Public•JK-8
Tecumseh Public School401 Tecumseh Ave E, N6C 1T4, London, ON
3.9/10
Public•JK-8
Holy Rosary Separate School268 Herkimer St, N6C 4S4, London, ON
3.6/10
Public•JK-8
Victoria Public School130 Wharncliffe Rd S, N6J 2K5, London, ON
3.5/10
Public•JK-8

Transportation

Car Friendly

3/5

Arteries nearby, but traffic congestion and parking problems are possible

Pedestrian Friendly

3/5

Some day-to-day needs are within walking distance

Transit Friendly

3/5

Transit is available for some trips

Shopping, Food and Nightlife

Cafes

2/5

Some cafés within walking distance

Groceries

4/5

At least one grocery store within a 15-minute walk

Nightlife

2/5

Few or no bars within walking distance

Shopping

3/5

Variety of shops within walking distance

Restaurants

3/5

Some restaurants within walking distance