Lambeth, London, Ontario Real Estate (Updated August 3, 2026)
Lambeth homes that sold averaged $878,027 in July 2026 — $249,786 above the London-wide average of $628,241 — with sellers receiving 98.8% of list price, according to LSTAR and CREA. At 10.6 months of inventory, supply is elevated, driven by one of southwest London's most active new construction pipelines — luxury custom homes, executive single-family builds, and townhouses coming to market across multiple subdivisions simultaneously. Homes here are taking 34 days to sell, and a 24.5% sales-to-new-listings ratio signals buyers have choices.
Data is from LSTAR (London St. Thomas Association of Realtors) and CREA (Canadian Real Estate Association)
| London | Lambeth |
Sales to New Listing Ratio % | 40.6% | 24.5% |
Months of Inventory | 4.7 | 10.6 |
Average Sales Price | $628,241 | $878,027 |
Sales to List Price % | 97.6% | 98.8% |
How Many Days To Sell | 24 | 34 |
The Lambeth Overview.
What's happening lately is a full construction cycle: luxury custom homes pushing past $1.5 million, executive single-family builds in the $900,000 to $1.2 million range, and townhouse developments filling in the gaps for buyers who want new construction at a lower entry point. All of it is landing on the market at the same time.
What Lambeth has that new construction cannot replicate is maturity — established lots, mature trees, neighbours who have been there for decades, and a community identity that no subdivision marketing brochure can manufacture.
