TalbotHousing market

Talbot

Talbot Housing Market Report

Strong Buyer's Market

All types - for the month of March

Buyer's market Seller's market

14

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.

31

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*

85 active

New

29(+31.82% YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2024: 99, in 2023: 50, in 2022: 7

Total Sold Listings*

6 sold

Median Sold Price

$959,821

Avg Days on Market

31 days

Median Bidding

-$29,900

Compared to number of sold, same period, in 2024: 13, in 2023: 8, in 2022: 11

*Data is for the month of March

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

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

Sold Price Distribution - Talbot - All types

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

Property Type Distribution - Talbot - All types

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

Median Price - Talbot - All types

Just listed - Talbot

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6807 Royal Magnolia Ave, London

Townhouse332000-2500 sq ft

Listed by HOMELIFE/MIRACLE REALTY LTD

Home with brick exterior material, street for 3479 Grand Oak Crossing N/A, London Ontario N6P 0G7

Re-listed 4 hours ago

$•••,•••

3479 Grand Oak Crossing N/A, London

Detached3+231500-2000 sq ft

Listed by COLDWELL BANKER POWER REALTY

Home with brick exterior material, street for 3297 Regiment Rd, London Ontario N6P 0G5

Re-listed 20 hours ago

3297 Regiment Rd, London

Detached3+231500-2000 sq ft

Listed by BLUE FOREST REALTY INC.

Home with brick exterior material, street for 3837 Campbell St, London Ontario N6P 0J7

1 day on market

3837 Campbell St, London

Detached4+152500-3000 sq ft

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

Home with brick exterior material, street for 6271 Royal Magnolia Ave, London Ontario N6P 0J6

2 days on market

6271 Royal Magnolia Ave, London

Detached331500-2000 sq ft

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

Unknown for 6263 Royal Magnolia Ave, London Ontario N6P 0J6

2 days on market

6263 Royal Magnolia Ave, London

Detached432000-2500 sq ft

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

Unknown for 6267 Royal Magnolia Ave, London South Ontario N6P 0J6

2 days on market

6267 Royal Magnolia Ave, London South

Detached432000-2500 sq ft

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

Home with brick exterior material, street for 6275 Royal Magnolia Ave, London Ontario N6P 0J6

2 days on market

6275 Royal Magnolia Ave, London

Detached331100-1500 sq ft

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

Home with brick exterior material, street for 6448 CROWN GRANT Rd, London South Ontario N6P 0G4

6 days on market

6448 CROWN GRANT Rd, London South

Detached4+243000-3500 sq ft

Listed by KING REALTY INC.

Home with brick exterior material, street for 7071 Clayton Walk, London Ontario N6P 0A1

7 days on market

7071 Clayton Walk, London

Detached2+231500-2000 sq ft

Listed by SUTTON GROUP - SELECT REALTY

Just sold - Talbot

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, unknown for 3240 Gristmill Lane, London Ontario N6P 0C3

Sold 5 days ago

Sold for $1,040,000

$60K below asking

3240 Gristmill Lane, London

Detached3+142000-2500 sq ft

Listed by CENTURY 21 FIRST CANADIAN CORP

Home with brick exterior material, street for 6439 Storey Chse, London Ontario N6P 0A8

Sold 9 days ago

Sold for $1,125,000

$25K below asking

6439 Storey Chse, London

Detached2+231500-2000 sq ft

Listed by CENTURY 21 FIRST CANADIAN CORP

Home with brick exterior material, street for 3228 Tillmann Rd, London Ontario N6P 0C3

Sold 13 days ago

Sold for $1,030,000

$50K below asking

3228 Tillmann Rd, London

Detached432500-3000 sq ft

Listed by ROYAL LEPAGE TRILAND ROBERT DILORETO REALTY

Blurry image for 3099 Tillmann Rd, London Ontario N6P 0B8

Sold 15 days ago

Sold for $855,000

$44K below asking

3099 Tillmann Rd, London

Detached4+152000-2500 sq ft

Listed by RE/MAX GOLD REALTY INC.

Home with brick exterior material, street for 4070 BIG LEAF Tr, London Ontario N6P 1H5

Sold 23 days ago

Sold for $975,000

$15K below asking

4070 BIG LEAF Tr, London

Detached442000-2500 sq ft

Listed by CENTURY 21 FIRST CANADIAN CORP

Unknown for 3466 Brushland Cres, London Ontario N6P 0H2

Sold 28 days ago

Sold for $1,250,000

$50K below asking

3466 Brushland Cres, London

Detached4+252500-3000 sq ft

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

Home with brick exterior material, street for 6795 Royal Magnolia Ave, London Ontario N6P 1H5

Sold 29 days ago

Sold for $645,000

$15K below asking

6795 Royal Magnolia Ave, London

Townhouse331500-2000 sq ft

Listed by CENTURY 21 FIRST CANADIAN CORP

Home with brick exterior material, street for 3964 Big Leaf Tr, London Ontario N6P 1H5

Sold 36 days ago

Sold for $1,089,641

$90K above asking

3964 Big Leaf Tr, London

Detached442500-3000 sq ft

Listed by CENTURY 21 FIRST CANADIAN CORP

Home with brick exterior material, street for 6965 RALEIGH Blvd #3, London Ontario N6P 1W5

Sold 37 days ago

Sold for $715,000

$45K below asking

6965 RALEIGH Blvd #3, London

Condo2+231600-1799 sq ft

Listed by COLDWELL BANKER POWER REALTY

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 6685 Crown Grant Rd, London Ontario N6P 0G3

Sold 42 days ago

Sold for $1,175,000

$154K below asking

6685 Crown Grant Rd, London

Detached44- sq ft

Listed by RE/MAX ICON REALTY

Population and Demographics

Overview

Total population 4380

Average household income $166,024

Age (%)

0 to 19

28%

35 to 49

22%

50 to 64

18%

20 to 34

17%

65 and plus

15%

Household composition (%)

Single family

77%

Single person

20%

Multi person

2%

Multi family

1%

Mother tongue (%)

English

79%

Arabic

5%

Punjabi (Panjabi)

3%

Portuguese

2%

Polish

1%

Others

1%

Spanish

1%

French

1%

Italian

1%

House tenancy (%)

Owners

75%

Renters

25%

Top 1 School in Talbot

École Élémentaire la Pommeraie3500 Settlement Trail, N6P 0B6, London, ON

5.7/10

Public•JK-6

Transportation

Car Friendly

4/5

Good access to freeways and major arteries, with a large 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

1/5

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