Residential market analysis and a look at the highest- and lowest-priced listings in London last week
No one can predict the future. We don’t know if there will a second wave of infections, or if come June the economy is unleashed and a flood of listings hit the market. Suffice to say, while inventory is low, its certainly not a bad time to list your property for sale. Realtors are mandated to keep you and their clients safe during this pandemic ― it may be time to take advantage of a tight market.
Details for the highest- and lowest-priced active residential real estate listings in London last week are provided below. Listings are broken down into three regions: London East, London North and London South (which includes data from the city’s West region).
Market analysis and listing compilation provided by Marcus Plowright, Sales Representative, A Team London. Marcus can be reached at 519-872-8326 or marcus@ateamlondon.ca.
Highest-priced listing
MLS number: 255889
List price: $1,799,000
Days on market: 31
Size: 5 bedrooms, 4 bathrooms
Listing agent: Sallie A McFarlane, Sales Representative, Re/Max Advantage Realty Ltd.
Lowest-priced listing
MLS number: 260846
List price: $224,900
Days on market: 4
Size: 2 bedroom, 1 bathroom
Listing agent: Jarda Novotny, Sales Representative, Jakupi Realty Inc.
Highest-priced listing
MLS number: 228453
List price: $1,895,000
Days on market: 222
Size: 7 bedrooms, 6 bathrooms, 10,638 square feet (above grade)
Listing agent: Sue-Anne Richardson, Sales Representative, Sutton Group – Select Realty, srichardson@sutton.com
Lowest-priced listing
MLS number: 258600
List price: $247,900
Days on market: 11
Size: 2 bedroom, 1 bathroom, 1,000 square feet
Listing agent: Joan Butler, Sales Representative, Sutton Group Preferred Realty Inc.
Highest-priced listing
MLS number: 230144
List price: $2,395,900
Days on market: 210
Size: 5 bedrooms, 5 bathrooms
Listing agent: Owen Price, Sales Representative, Keller Williams Lifestyles Realty
Lowest-priced listing
MLS number: 240472
List price: $154,900
Days on market: 131
Size: 1 bedroom, 1 bathroom, 988 square feet
Listing agent: Karen Greason, Broker, Re/Max Centre City Realty, kgreason@rogers.com
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