Real Estate Recap: December 7 to 13, 2020
Residential market analysis and a sampling of high- and low-priced listings in London last week
Photo: 2712 Torrey Pines Way is listed for sale at $1,699,000
CHRISTMAS IS BUT nine days away. The real estate market is the gift that keeps on giving for sellers and Scrooge’s haunting ghost-in-chains for buyers.
Two simple tales from December for consideration: A Byron listing at $540,000 drew 60-plus showings two weeks before Christmas and sold under multiple offers for $155,000 over the asking price. A Windermere-area estate home listed at $1,275,000 sold in three days, under multiple offers, for $175,000 over the asking price. Our client bid $125,000 over the asking price and lost the house by $50,000.
2020 has brought us all many challenges – one of them is simply being able to successfully purchase a home, at any price!
Happy Holidays… be well!
Market analysis provided by Marcus Plowright, Sales Representative, A Team London. Marcus can be reached at 519-872-8326 or [email protected].
London East
Low
Address: 24-3920 Dundas Street East
MLS number: 40040316
List price: $99,000
Days on market: 43
Size: 1 bedroom, 1 bathroom, 980 square feet
Listing agent: Brian Barfoot, Broker of Record, Peak Premier Realty & Auctions Inc. Brokerage
High
Address: 826 Colborne Street
MLS number: 40047933
List price: $1,599,000
Days on market: 15
Size: 4 bedrooms, 6 bathrooms, 4,300 square feet
Listing agent: Bill Vandeloo, Sales Representative, StreetCity Realty Inc.
London North
Low
Address: 236 Monmore Road
MLS number: 40051262
List price: $299,900
Days on market: 4
Size: 3 bedroom, 2 bathroom, 1,264 square feet
Listing agent: Wendy Lee, Sales Representative, Royal LePage Triland Realty
High
Address: 2712 Torrey Pines Way
MLS number: 40041356
List price: $1,699,000
Days on market: 41
Size: 5 bedrooms, 3 bathrooms, 2,443 square feet
Listing agent: Natalie French, Sales Representative, Sutton Group – Select Realty
London South
Low
Address: 19-198 Springbank Drive
MLS number: 40046347
List price: $105,000
Days on market: 26
Size: 2 bedroom, 1 bathroom, 880 square feet
Listing agent: Karen Greason, Broker, Re/Max Centre City Realty Inc.
High
Address: 1939 Kilgorman Way
MLS number: 40043054
List price: $2,250,000
Days on market: 19
Size: 5 bedrooms, 4 bathrooms, 5,107 square feet
Listing agent: Dean Soufan, Broker of Record, Century 21 First Canadian Dean Soufan Inc.
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.