Real Estate Recap: September 14 to 20, 2020

Residential market analysis and a sampling of high- and low-priced listings in London last week

IT’S BEEN EIGHT months to the day since the first case of Covid-19 was confirmed in Canada. A short few months and yet enough time for this to become the new norm.

Pandemic times have heightened the desire for the perfect home. Our place of residence has become our home, our office, our playground, our media centre, our restaurant and our cottage.

Although we may all wish Covid away, our new reality is here to stay for the foreseeable future. Now more than ever, it’s worthwhile making the short-term, intense investment in time and energy to find your next home.

Make no mistake, finding a home is a challenge in these trying times of spiking demand and limited listings, but every day you wait, the costs increase.

More importantly, you’re looking for the most important element in your pandemic life ― a place to feel grounded, a place to work, a place to play, a place to be safe, a place to call “home”.

Market analysis provided by Marcus Plowright, Sales Representative, A Team London. Marcus can be reached at 519-872-8326 or marcus@ateamlondon.ca.

London East

Low

Address: 104-1176 Hamilton Road
MLS number: 40023394 
List price: $114,900
Days on market: 1 
Size: 1 bedroom, 1 bathroom, 505 square feet
Listing agent: Gord Vandevooren, Sales Representative, and Lisa Muench, Sales Representative, Century 21 First Canadian Corp

High

Address: 826 Colborne Street
MLS number: 280334
List price: $1,679,000
Days on market: 43  
Size: 4 bedrooms, 6 bathrooms
Listing agent: Bill Vandeloo, Sales Associate, StreetCity Realty Inc.

London North

Low

Address: 812-600 Grenell Drive
MLS number: 274123
List price: $203,900
Days on market: 70  
Size: 1 bedroom, 1 bathroom, 658 square feet
Listing agent: Christopher Brendan Mooney, Broker of Record, FSBO Real Estate Inc. Brokerage

High

Address: 10-756 Riverside Drive
MLS number: 275834
List price: $2,750,000
Days on market: 60
Size: 4 bedrooms, 5 bathrooms
Listing agent: Brittany Wurfel, Sales Representative, Royal LePage Triland Realty

London South

Low

Address: 302-45 Pond Mills Road
MLS number: 40020069
List price: $199,900
Days on market: 11
Size: 1 bedroom, 1 bathroom, 735 square feet
Listing agent: Michelle Symons, Sales Representative, Keller Williams Lifestyles

High

Address: 1918 Kilgorman Way
MLS number: 274844
List price: $2,550,000
Days on market: 59
Size: 5 bedrooms, 4 bathrooms
Listing agent: Dean Soufan, Broker of Record, Century 21 First Canadian Corp. Dean Soufan Inc.

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Disclaimer: London Inc. does not guarantee the accuracy of the statistical data on this page. The data does not represent the listings of any one agent or agency but represents the activity of the real estate community in the area. Any real estate agent’s ad appearing is separate from the statistical data provided, which is in no way a part of their advertisement.