Main Content

London Real Estate Market Update

2020 – LSTAR’S SECOND BEST YEAR FOR HOME SALES

Here is your 2020 London Real Estate Overview

Despite COVID-19 pandemic proved to still be a successful year in real
estate. In total 9, 976 homes traded hands in 2020 with 596 of them in
December to wrap up the year. Which makes this the best December on
record.

Trends that emerged this year were higher demand for rural areas and
neighborhoods, owning a house with more rooms for a home office and
learning spaces, as well as more outdoor and yard space.

Some of which can be out of reach for families in bigger cities therefore relocating to
smaller suburban areas such as London and St Thomas.
Sale Prices Across Canada

The following chart is based on data taken from the CREA National

average

bar graph 2

bar graph

How Can We Help?

Call Direct: 519.933.6198

If you are thinking of selling your home soon we would be happy to give you a FREE online home evaluation!
Click Here: FREE HOME EVALUATIONS

Want to learn more about The Odland & Blair Real Estate Group with Royal LePage Triland Realty?
Click Here: ABOUT US

Looking for more information on the London market? You can visit the London & St Thomas Association of Realtors site.
Click Here: MARKET UPDATES

Skip to content