Lambeth, London, Ontario Real Estate (Updated September 7, 2026)
Lambeth homes that sold averaged $8881,447 in August 2026 — $261,165 above the London-wide average of $620,282 — with sellers receiving 98.8% of list price, according to LSTAR and CREA. At almost 11 months of inventory, supply is elevated, driven by one of southwest London's most active new-construction markets, with luxury custom homes, executive single-family builds, and townhouses coming to market across multiple subdivisions simultaneously. Homes here are taking 37 days to sell, and a 24.8% 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 % | 39.4% | 24.8% |
Months of Inventory | 5.1 | 10.9 |
Average Sales Price | $620,282 | $881,447 |
Sales to List Price % | 97.4% | 98.8% |
How Many Days To Sell | 27 | 37 |
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. In the established neighbourhoods, you have larger lots, mature trees, neighbours who have been there for decades, and a community identity.
