Home sales across the London and St. Thomas real estate market, were down 4.7% compared to July of 2014! However sales are up, at this time 9.5%, over last years total. Homes which sold the most were 2 storeys with an average price of $368.525.00. Bungalows were the second most sold properties with an average price of $204,882.00. Ranch style properties had less sales but a higher price point at $348.051.00. Townhouses and High rise apartment condo's sold for an average price $150,105.00 and $169,922.00 respectively.
As a bench mark the average home price in London, Ontario at the end of 2011 was $232,717.00. At the end of July 2015 the average home price is $264,834.00