Buying and selling conditions don't apply evenly across London. Some neighbourhoods are moving quickly right now; others aren't — and the gap between them can be significant. The number that matters isn't a city-wide average — it's what's happening on the specific streets and in the specific price range you're watching, and that changes month to month
Homes in the $700,000 to $1.2 million range, priced to current market conditions in these ten established London neighbourhoods, are still achieving within 1 to 2% of asking price.
Homes priced on 2022 assumptions are accumulating days on market and selling for less than they would have with correct positioning from day one.
Ty Lacroix, Broker at The Envelope Real Estate Group in London, Ontario, provides a private Market Position Overview — a neighbourhood-specific analysis of equity position and buyer behaviour — for homeowners and buyers considering a move within the next one to two years.
