Best August in home sales since 2007

A Total of 864 homes sold in August 2015, up 9.2% overall from August 2014. 

2015 is, so far, is a good year for home sales, we are up 9.4% in the number of units sold from 2014.  The average price per house style is listed below.  

House Style

Units Sold

Average Price

2 storey

207

$332,207

Bungalow

128

$229,689

Ranch

106

$311,791

Townhouse

85

$153,811

High rise apt. condo

38

$175,762

London’s affordability is demonstrated with a review of the average home price across the country involving some of our largest cities.  

Vancouver average home price    $874,561.

Toronto average home price         $606,786.

Hamilton average home price       $439,257.

London average home price          $264,980.

 

The Canadian average home price is $427,220. 

We still have a balanced market with excellent selection.  

This information is captured from the online LSTAR August of 2015 review.  

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Team O'Halloran

Team O'Halloran

Sales Representative
CENTURY 21 First Canadian Corp., Brokerage*
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