If you’re a long-time homeowner in London, Ontario, you know the comfort of a familiar house, friendly neighbours, and a lifetime of memories. For many, the thought of selling only comes up when you’re “ready”—but based on my two decades working with seniors, I’m here to tell you that waiting for that moment is often the most sad and costly mistake you can make.
The hard truth is that the best time to move is when you have choice, control, and equity, not when time and complex challenges force your hand.
The London Downsizing Dilemma
You are comfortable now, and that’s wonderful. But what happens if you need sudden, expensive renovations to maintain your independence? Or, if a health change makes it impossible to manage the stairs or the yard? We’ve all seen good neighbours wait until it’s too late, forcing a rushed sale during a stressful time, often losing control over both the timing and the money.
You deserve to transition to your next chapter with joy and peace of mind, not panic.
The unique London, Ontario market, especially in cherished neighbourhoods like Lambeth or Byron or Old South, gives you a powerful advantage right now. Your house is a valuable asset that can be unlocked to secure your future. Instead of waiting for the moment, you must move. Let’s look at the best time to move. When you are independent, financially strong, and excited about a smaller, safer, and less-maintenance lifestyle.
Secure Your Future, On Your Own Terms
As a real estate broker in London, Ontario, my goal is to help you move from your current home into a townhome, condo, or apartment that lets you be truly independent. Whether that means enjoying what you like to do or simply having a comfortable, single-level space to manage.
Selling is not about giving up your independence; it’s about making a deliberate choice to preserve it.
If you are asking when to sell your family home in London, Ontario, the answer is now, while you have the energy to declutter before selling your London house.
Don’t wait until the decision is made for you. Let’s explore your options today to ensure your next move is dictated by your goals, not by crisis.
Before buying a home in London, Ontario, there are five critical numbers you need to know—and absolutely the definitive sixth! The market has decisively shifted, moving from a frantic seller’s environment to a more balanced, buyer-friendly landscape. Your successful offer relies on using the current market data to negotiate with the authority and posture.
1. Active Listings vs. Market Inventory: The 6.0 Month Advantage
First, look at the area’s active (for sale) listings. But more importantly, recognize the overall market shift. Recent LSTAR data shows we are sitting at 6.0 months of inventory. This means the supply is high, and the competition among buyers is low. Is the home you’re considering priced within reason compared to others? If a seller is chasing an old peak price, they will be unsuccessful in this high-inventory market. Use the abundance of listings as leverage.
2. The Sale-to-List Price Ratio: The 97.0% Negotiation Zone
Compare the average selling price to the listing price. Historically, London homes have sold near or above the asking price. Now, the average sale price of $622,805 reflects a much softer market, where homes are selling for approximately 97.0% of the asking price. This statistic is your mandate: it confirms that a 3% negotiation is the norm. The best way to upset a home seller is still to start with an unreasonable, deep-discount offer, but you can confidently target a fair reduction based on solid data.
3. The Condition and Comparison Ratio
Now, visit several of the other listings in the area. How does your choice compare to the others on the market? Is the home you’re considering in a similar condition? Is it bigger, smaller, better style, better landscaping, etc.? These factors, especially in a market with high inventory, will help you determine how much you should pay compared to what others paid for similar homes. Poor condition now warrants a much deeper price cut than it would have a year ago.
4. The Average Days on Market (DOM): The 29-Day Threshold
Now, look at the average days on the market (DOM). London’s median DOM is currently around 29 days. Priced right, just-listed homes still sell relatively quickly. However, a property sitting for 45 to 60 days or longer indicates a critical flaw—usually overpricing—allowing for a much wider negotiating range. If a home has been on the market for over a month, the seller will likely be much more open to a low, conditional offer.
5. The Assessed Value vs. Market Price Percentage
What is the percentage difference between the municipal assessed value and the current market price? This highly technical number provides the ultimate safety net, preventing you from emotional overpayment. (I have an excellent formula for this and have found it right on the money over the years!) Knowing the correct numbers for buying a home in London, Ontario, will make your life much easier and your offer successful.
Now, you are ready to make an offer. The strategy here is imperative: try to keep emotion or fear of missing out (FOMO) out of the equation.
I said there were six numbers; here is #6, the one that makes the difference between an average deal and a great deal: 519-435-1600!
I couldn’t resist! Call me today to utilize this latest market data and my expertise to secure your new London home.
For the past year, this 25-Question Checklist has been the secret weapon for smart home buyers in London, Ontario. But I’m upgrading it because, after years of working in this market—and countless conversations with sellers who share what they wish they’d known before they bought—I know one thing for certain: Uncertainty is the most expensive thing you can bring to a real estate transaction.
The stress, the doubts, the fear of making a costly mistake… I hear about them every single day.
I’m Ty Lacroix, and I’ve compiled the absolute, non-negotiable list of 25 insider questions every prospective London homeowner needs answered. This isn’t just a list; it’s a comprehensive roadmap based on experience, designed to eliminate stress, prevent five of the most expensive mistakes, and save you thousands of dollars.
Here’s a preview of the essential answers you’ll find in this guide:
Your Ultimate 25-Point London Home Buying Blueprint
The Financial & Loan Secrets You Need:
What five critical numbers should you know before ever making an offer?
What four essential questions should you ask your mortgage lender before you sign any of their documents?
What is the quick-fire way to determine how much house you can truly afford?
Want to know why you should never buy a car right before you buy a house?
What are a few inside secrets of how to get a “Yes” when you borrow?
How do credit reports and scoring affect how much house you can buy, and what’s the optimal score?
What should you know about interest rates, points, and the “mysterious” APR that lenders use?
What seven money-saving secrets can you use when buying that your bank won’t tell you?
The Expert Strategy & Negotiation Edge:
I’m the one buying a home. Who are all the other people involved, and how do I control the process?
What are the eight crucial steps to follow when buying a home, and which two steps are non-negotiable?
How to avoid 5 of the most expensive mistakes homebuyers make (and how much they truly cost)?
What four comfortable, quick tips could save you thousands if you follow them exactly?
How do sellers price their homes, and more importantly, how much should I offer?
Want to know how to avoid being beaten out by other buyers who may be competing for your dream home?
The Home Search & Inspection Checklist:
Get the home YOU want! Just what is it that you want, and how do you stick to it?
What are the top six things you may want to take a closer look at when looking at homes—beyond the kitchen counter?
What five questions should you ask your Realtor at every single home you visit?
What are the six signs that could mean expensive (hidden) problems are lurking in the foundation or roof?
What are the six things most home builders hope you NEVER hear about their new construction?
How can I remember each home when I’ve seen so many, and what is the best note-taking system?
How would you feel if you knew more about the neighbourhood and demographics than the person selling the home?
The Stress-Free Closing & Moving Plan:
What three things worry you most about buying a home, and what is the solution to each?
What are four great ways to beat the stress of buying a home during the most critical phases?
What is the best no-fail guide to finding a mover that won’t take you to the cleaners (and hold your belongings hostage)?
Planning your move: What are the immediate to-dos now that you’ve bought your dream home?
Here’s a Sales Pitch!
When you buy your home in London, Ontario, you deserve to look back and know you got the best deal, avoided all the headaches, and bought with absolute clarity. That’s the confidence this 25-point blueprint gives you.
By seeking answers to these crucial questions, you’re not just buying a house—you’re making a smart, informed investment and proving that I might know what I am talking about!
Start with Question 1 and take control of your London home-buying journey today.
What would your buying experience be if you had answers to those 25 questions?
When you are named as an Executor or Power of Attorney (POA) for an estate in London, Ontario, you are taking on a tremendous responsibility. One that comes at an emotionally challenging time. Among the many tasks on your list, managing and selling real estate is often the most complex and financially significant.
It’s not just another transaction; it’s a careful process requiring specialized knowledge, sensitivity, and speed. We understand the pressure you are under to ensure the estate is handled efficiently, transparently, and in compliance with all legal and fiduciary duties. You need a partner who sees beyond the listing to the heavy responsibility you carry.
The Unique Burden of an Estate Sale
Selling a property as an executor presents unique challenges that differ vastly from a typical home sale. You must navigate strict probate timelines, manage potential disagreements among beneficiaries. Handle properties that may require extensive clean-out or repairs, and ultimately, guarantee you achieve fair market value for the estate.
In the London and surrounding area market, property values can fluctuate rapidly, making an accurate, well-justified appraisal absolutely critical. A mistake in valuation or execution can lead to costly delays or legal issues. Or a loss of value for the estate you are sworn to protect.
This isn’t a task for a generalist agent; it demands a real estate professional who specializes in the nuances of estate law and fiduciary responsibility right here in London, Ontario.
Why Local London Expertise is Non-Negotiable
The London, ON real estate landscape is constantly shifting and hyperlocal. What constitutes fair market value and marketability in Old North differs from those in Summerside or Byron.
Executors need an agent with deep roots in the community who can accurately assess a property’s potential, recommend cost-effective preparation strategies (like facilitating estate clean-out services or managing minor repairs), and market the home effectively to the right local buyers.
Our extensive experience serving executors throughout London means we are intimately familiar with the legal requirements and the required documentation. The often-tight timelines that accompany these sales. We ensure a smooth, transparent, and defensible process from initial valuation to final closing. This allows you to focus on your other critical duties.
Gaining Control and Clarity with a Specialist
As an executor, your primary goal is to maximize the estate’s value while minimizing stress and delays. We act as your single point of contact, coordinating every detail—from certified property appraisals and staging recommendations to managing offers and facilitating all necessary legal paperwork alongside the estate lawyer.
We provide clear, objective advice to help you make sound, fiduciary-driven decisions that will stand up to scrutiny. By trusting this process to an expert who understands your specific role and the unique London market, you not only ensure the best possible financial outcome for the estate but also safeguard your own position as the fiduciary.
Take the Next Step for the Estate
Your duty as Executor or POA is vital.
Don’t let the complexity of a real estate sale add unnecessary stress to an already difficult time. Partner with Ty Lacroix, Broker, who offers proven, specialized expertise in London, Ontario estate property sales.
We are here to handle the details, ensure transparency, and guide you every step of the way, making this challenging chapter manageable.
To learn more about our dedicated Executor and POA services and to schedule a confidential consultation, please visit Real Estate for Executors London Ontario today. Start the estate sale process with confidence and clarity
The journey of selling your home in London, Ontario, often feels like a long process, but the truth is, the success of your entire sale hinges on just a handful of critical days. In a competitive market, you don’t get a second chance to make a first impression. That’s why every seller needs to master the 10 most important days—from initial preparation to the final offer.
By focusing your effort, time, and resources on these key moments, you can significantly reduce your time on the market and secure the highest possible price for your property.
Days 1-5: The Strategic Preparation
These are the days when money is made. Buyers in London are looking for move-in-ready homes, and meticulous preparation pays off.
Day 1: The Valuation & Strategy Meeting. This is when you hire your Realtor. This is more than just getting a price estimate; it’s about creating a hyper-local strategy. Your Realtor should come prepared with:
A comparative market analysis (CMA) of recently sold properties in your neighbourhood.
A clear, data-driven pricing recommendation.
A detailed timeline of all necessary pre-listing activities (cleaning, staging, photography).
Day 2: Declutter, Depersonalize, and Repair.Buyers need to envision themselves in the space, not you. Spend this day ruthlessly removing personal items (photos, trophies, collections) and minimizing furniture. Execute small, high-impact repairs, such as fixing leaky faucets, patching drywall holes, and replacing burnt-out light bulbs.
Day 3: Deep Cleaning and Staging. A professional deep clean is non-negotiable. Focus on kitchens (appliances, cabinets) and bathrooms. After cleaning, apply simple staging principles: fresh towels, organized pantries, and a clean, neutral aesthetic. Staging helps showcase the room’s potential and makes photos pop.
Day 4: Professional Photography & Video High-quality listing photos are your most powerful marketing tool. This is not the time for amateur phone pictures. Professional photos and a 3D virtual tour or video walkthrough are essential for capturing buyers who start their search online.
Day 5: Write the Compelling Listing Description. Work with your Realtor to craft a description that tells a story, highlights key features (e.g., proximity to parks, specific school zones, upgrades), and focuses on the emotional benefits of living in the home.
Days 6-9: The Critical Launch Period
The first week your home is on the market dictates the momentum of your sale. This is where demand is highest.
Day 6: The Official Launch (Go-Live Day). Your home is added to the London & St. Thomas Association of Realtors (LSTAR) MLS system. Every marketing element—photos, video, description—is flawless. All your Realtor’s pre-marketing efforts (social media previews, “coming soon” signs) pay off today.
Day 7 & 8: Showings and Open Houses. These days are designed for maximum visibility. The goal is to generate as many showings as possible. Keep the home immaculate, ensure all lights are on, and consider leaving for the day. An optional weekend open house can capture potential buyers who are not actively working with a Realtor.
Day 9: The Brutal Truth. There is no indication of any offers. Or, only one or a low-ball.
Day 10: The Negotiation and Acceptance
This is the day you convert interest into equity.
Day 10: Strategic Negotiation A strategic negotiation comes into play! This is not just about the highest price; it’s also about the best terms:
Closing Date: Does it align with your next move?
Conditions: Are the offers firm (no financing or inspection conditions)?
Deposit: Is the deposit substantial?
Your Realtor’s negotiation skills and financial integrity are paramount here to ensure you get the maximum value while protecting you from conditional issues.
The Takeaway
The bulk of your effort needs to be front-loaded. By executing a flawless strategy during these ten critical days, you maximize buyer excitement, generate competitive pressure, and significantly increase the likelihood of a fast, highly profitable sale.
Those 10 days most London sellers ignore (and why it costs them thousands)
Ready to see how a precise 10-day plan can transform your home sale?
There’s something about this home that photos and MLS listings can’t capture. It’s more than features and finishes — it’s a feeling. This stunning house is for sale in Oakridge London Ontario
This Cape Cod-style residence at 433 West Mie Road in London Ontario stands out not just for its character and elegant updates, but for the sense of comfort and calm it gives the moment you walk through the door.
Thoughtfully renovated and beautifully maintained, this home offers 2,370 sq. ft. of main living space, with a layout that works for a growing family, multi-generational needs, or discerning buyers looking to downsize in style without compromising on quality.
Main Floor Magic:
Primary suite on the main floor with a walk-in closet, spa-like ensuite (heated floors, walk-in shower, bidet)
Oak hardwood flooring, one gas and one wood fireplace (never used by current owners!).
Gourmet kitchen with premium appliances (Dacor, Bosch, Zephyr), heated floors, and a serene view of your private, fenced 204’ backyard
Upstairs Charm:
Two generous bedrooms with dormer windows
Full 4-piece bath – perfect for guests or family
Versatility Below:
Workshop, ample storage, and walkout access to a 2.5-car garage (plus rear garage door to backyard)
The covered deck and professionally landscaped gardens create an outdoor sanctuary. Whether you’re entertaining, relaxing, or envisioning an in-ground pool, this backyard delivers peace and potential.
This is not a cookie-cutter home. It was designed with long-term comfort in mind — including wider hallways and doorways for accessibility. Every room is bright, well-proportioned, and full of thoughtful touches.
If you’ve been watching the market and waiting for that house — the one that feels like home the moment you arrive — this is it.
This sprawling one-floor house (4,545 square feet in total) is at 1 Highland Woods Court, near the Highland Golf and Curling Club.
The Floor Plans For This Sprawling One-Floor House
Two of the three bedrooms on the main floor have a separate en-suite bathroom!
The main floor’s separate laundry room is large and bright so that you can close the door and no one will ever see your laundry.
Wheelchair-accessible hallways and doorways with carpet-free Red Oak hardwood floors on the main.
The bright, spacious breakfast nook feels like being in another world, with two large windows and access to your private deck.
Ceramic floor in the kitchen, granite counter tops, custom-designed cabinets, a garbeurator, a Jenn-Aire stove top and LED lighting.
Many work-from-home options and layouts are easily adapted to accommodate a multi-generational home. Explore the lower floor plan to discover the possibilities, available space, and options.
A 30 x 17 deck and a 100-foot brick privacy fence with lighting. Professionally landscaped and maintained with an in-ground sprinkler system.
The roof was entirely replaced in 2014 with plywood, 40-year shingles, and vents.
An oversized double-car garage with an interior entry. A beautiful concrete drive installed in 2019 can accommodate up to five vehicles.
The seller may consider financing options, such as a small vendor take-back arrangement.
There are pros and cons of selling or buying a home before the end of 2025. Our local real estate market in London Ontario is balanced-to-tilting buyer right now. Inventory has climbed to multi-year highs, sales are steady but slower than summer, and pricing is holding or increasing slightly.
For Sellers: Pros & Cons
Pros
Serious buyers are still active. Even with more choice, motivated buyers are writing offers on well-priced, well-presented homes.
Stable pricing trends. Average prices have been steady year over year, especially for detached homes. London, Ontario, home prices are still well below those of other major cities in Ontario.
Cons
More competition. Elevated months of inventory mean your home must win on price, condition, and marketing—no coasting, dreaming or testing the market.
Longer days on market. With listings outpacing sales, patience and strategy matter.
Seller game plan: Price with the market (not ahead of it), correct flaws before listing, and insist on a launch that creates demand in week one. Staging + sharp visuals + targeted digital reach = showings, then offers.
For Buyers: Pros & Cons
Pros
Choice and leverage. Higher inventory and a buyer-leaning SNLR (see example at the bottom of this page) improve selection and negotiating power.
Fewer bidding wars. Balanced/soft conditions reduce pressure to rush.
Cons
Rate sensitivity. Mortgage affordability still hinges on the Bank of Canada backdrop; movements in the policy rate ripple through borrowing costs.
Decision fatigue. More choice can stall action—having a clear brief and pre-approval prevents “shopping forever.”
Buyer game plan: Lock your rate, get fully underwritten, and focus on value drivers (location, condition, layout, light). When the right home appears, act with confidence.
Should You Act Before December 31?
Potential advantages
Less seasonal competition. Late-fall and holiday windows often mean fewer active buyers and a more focused pool of serious sellers. Combined with today’s higher inventory, that can create an opportunity.
Clarity on financing. Securing a rate hold now reduces uncertainty if macro headlines wobble.
Potential disadvantages
If you need to sell-to-buy, you’ll juggle timing in a market where homes can take longer to firm up. Bridge strategies and conditional sequencing matter.
Bottom line: Whether you’re selling or buying, the winners this quarter will be the ones with a plan—not just a listing or a search. If you want a steady hand, a clear strategy, and results without the drama, let’s talk.
What I recommend If your home shows well now (clean, bright, staged), winter can be your sweet spot: motivated buyers = leverage. If you need time for touch-ups, we’ll plan a prep-now, list-early-March path and still launch ahead of the crowd. Either way, we choose the right pricing lane—ahead of the market, at the market, or behind the market—based on real data, not wishful thinking.
Everything you want exists on the other side of fear. If a move improves your life, let’s build a plan and move with confidence.
Ready for a no-pressure, 15-minute Strategy Call? I’ll tell you what to fix, what to skip, and when to list your house or condo to net more in London, Ontario.
👉 Book Your Strategy Call Now! Or message me and I’ll run a custom Sell-For-More Strategy™ for your address. If you are relocating to London, now is a great time to plan!
Not All Realtors Are The Same.
What Does SNLR Mean?
SNLR stands for Sales-to-New-Listings Ratio. It’s a simple gauge of market balance:
Formula: (Number of home sales ÷ Number of new listings) × 100%
How to read it (rule of thumb):
< 40% → Buyer-leaning market (new supply is outpacing sales)
40%–60% → Balanced market
> 60% → Seller-leaning market (sales are absorbing new supply quickly)
Example: If London, Ontario sees 600 sales and 1,800 new listings in a month: SNLR = 600 ÷ 1,800 = 0.33 = 33% → buyer-tilted.
Why it matters:
It shows real-time pressure: are London, Ontario, buyers or sellers setting the tone right now?
It helps guide pricing, offer strategy, and expectations (days on market, likelihood of multiple offers).
Caveats:
It’s a snapshot, not the whole story—pair it with months of inventory, days on market, and price trends.
Seasonal swings (e.g., late fall/holiday periods) can temporarily pull the ratio down.
Sub-markets differ: condos vs. detached, entry-level vs. luxury will each have their own SNLR.
Selling your home is one of life’s biggest financial and emotional decisions. In London, Ontario’s fast-moving market, the difference between a smooth, profitable sale and a stressful one often comes down to preparation, strategy, and the Realtor you choose. At The Envelope Real Estate Group, we call this process The Seller’s Journey—a proven roadmap that guides you from “thinking about selling” to “sold and moving on.”
Step 1: Discovery & Consultation It starts with an honest conversation. We discuss your goals, timing, and expectations while providing a clear understanding of today’s market and your home’s value.
Step 2: Pricing Strategy Overpricing leads to stagnation. Underpricing leaves money on the table. We strategically position your property to attract motivated buyers and secure strong offers.
Step 3: Preparation & Presentation Small improvements can mean big returns. From staging advice to professional photography, we help your home shine—without pushing unnecessary upgrades.
Step 4: Marketing & Exposure Your home gets more than a listing—it gets a launch. With professional photos, targeted campaigns, and buyer networks, we maximize exposure where it counts.
Step 5: Negotiation Power This is where decades of experience matter most. We negotiate hard, but fair, ensuring you walk away with the best possible terms and price.
Step 6: Closing with Confidence We coordinate with lawyers, lenders, and inspectors so every detail is handled. You’ll always know what’s happening and what’s next.
Step 7: After the Sale Our relationship doesn’t end at closing. Whether you need movers, contractors, or market updates years down the road, you can count on us.
Thinking of selling your home in London, Ontario? Let’s talk about your goals and build a plan that works for you.
If you’ve been saying, “This is the year we simplify,” you’re not alone. 2025 is the perfect moment for smart downsizers to trade maintenance for freedom, stairs for convenience, and uncertainty for a clear, calm plan. And few cities deliver the blend of value, healthcare access, parks, and big-city amenities like London, Ontario.
Here’s the truth: downsizing isn’t just a smaller house. It’s a better life design—and the best results come from timing, pricing, and preparation that work together (not guesswork or pressure). That’s exactly what I help homeowners do: sell smart, buy right, and move on your schedule with fewer variables and less stress.
Why London works for downsizers
Choice: one-floor bungalows, townhomes with main-floor primaries, and well-managed condos across London and the surrounding area.
Care & connection: hospitals, specialists, and community hubs that make “lock-and-leave” living feel effortless.
Value: more home (or more cash in the bank) compared with the GTA—without giving up culture, dining, or green space.
How my 3-step Downsizing Program keeps things calm
Discovery & Strategy – We clarify goals, timing, and the numbers. You’ll see a market snapshot and choose the right pricing strategy (in line with, ahead of, or behind the market).
Right-Size Plan – We prep for impact (not waste), then shortlist the best condo/bungalow options that match your must-haves.
Sell & Secure – Launch with precision, negotiate with confidence, and coordinate closing so your life—not your stuff—drives the timeline.
A free London Downsizing Playbook (PDF)—timelines, checklists, and sell-first vs. buy-first scenarios.
The market snapshot request—real numbers in plain language so you can plan with confidence.
A 20-minute consult—no sales pitch, just clarity and next steps that protect your equity and your sleep.
If 2025 is your year to right-size, let’s make it the year you do it calmly and confidently. I’m Ty Lacroix, a London broker who has helped hundreds of families move forward without the drama. Visit the page, grab the playbook, and let’s map your best path home.
Turn a London Ontario buyer’s market into an advantage, for both buyers and sellers!
Inventory Levels (homes for sale) in London, Ontario, for September reached their highest point in years, indicating a shift to a buyer’s market..
In September, 1,701 new listings were recorded via the MLS® System of the London and St. Thomas Association of REALTORS® (LSTAR), up 13.7% compared to the same month a year ago. With listings outpacing sales, the sales-to-new listings ratio also eased to 31.4%, compared to 45.7% in August.
A buyer’s market is characterized by a sales-to-new-listings ratio of less than 45%. September 2025 saw six months of inventory, which is up from August, which recorded five months of inventory.”
Good For Serious Buyers
A buyer’s market in London, Ontario, means there are more listings, fewer competing offers, and sometimes a motivated seller means choice, leverage, and better pricing. Conditions return—financing, inspection, and, in some cases, the sale of your current home—so you can move with confidence. Without frantic bidding wars, you can tour carefully, compare neighbourhoods, and choose the home that truly fits. The Smartest Moves For Buyers.
Great For Wise Sellers
A buyer’s market in London, Ontario, doesn’t hand buyers the keys—it rewards disciplined sellers. The truth is, smart pricing, standout presentation, and tight terms shift leverage back to you. Fewer bidding wars, if any? Fine. Low-ball offers will happen; not to worry, nine out of ten times, lowball offers come from buyers who are not familiar with the market. You can list and sell with clarity, speed, and negotiation. The best part? You control the process—and protect your net. How to handle low-ball offers.
The table below displays the average prices for September 2025 and MLS® HPI Benchmark Prices in LSTAR’s main regions.
Area
September 2025 MLS® HPI Benchmark Price
September 2025 Average Price
Central Elgin
$609,300
$723,723
London East
$433,400
$503,296
London North
$642,200
$685,943
London South
$561,100
$634,874
Middlesex Centre
$782,300
$937,538
St. Thomas
$527,400
$558,707
Strathroy-Caradoc
$777,000
$600,984
LSTAR
$562,300
$622,805
The HPI benchmark price reflects the value of a “typical home” as assigned by buyers in a certain area based on various housing attributes, while the average sales price is calculated by adding all the sale prices for homes sold and dividing that total by the number of homes sold. The HPI benchmark price is helpful in gauging trends over time, as averages may fluctuate due to changes in the mix of sales activity from one month to the next.
Home Prices Across Canada
The following table displays September’s benchmark prices for all housing types within LSTAR’s jurisdiction, showing how they compare with those recorded in the previous month and three months ago.
MLS® Home Price Index Benchmark Prices
Benchmark Type
September 2025
Change Over August 2025
Change Over June 2025
LSTAR Composite
$562,300
↓1.8%
↓3.2%
LSTAR Single-Family
$611,400
↓2.2%
↓3.7%
LSTAR One Storey
$548,900
↓3.3%
↓5.1%
LSTAR Two Storey
$662,600
↓1.3%
↓2.7%
LSTAR Townhouse
$467,300
0.0%
↓2.1%
LSTAR Apartment
$357,000
↓2.3%
↓2.0%
The chart below displays the most recent HPI benchmark prices nationwide, courtesy of CREA.