Real Estate Recap: September 15, 2021

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

Photo: 73 Forward Avenue is listed for sale at $349,900

HOME IS OUR house, apartment or condo. It extends to our building and street, our neighbourhood, our shopping area and our workplace. Beyond that it is our schools, parks, bike paths and infrastructure.

London is made up of people from vastly different cultures and backgrounds, and marvellous institutions of higher learning, healthcare, commerce and government. All these are the ingredients of our city, the place we’re from ― the place we call home.

That being said, our identity, our brand and our reputation seems under assault. The last 18 months have tested us. Covid panic, lockdowns, economic challenges, anti-maskers, anti-vaccinators and hospital protests. We’ve seen a horrific tragedy befall a beautiful Muslim family on our own streets from a terrorist attack. We’ve seen violent assaults and the increased use of weapons on our streets.

Homelessness and the challenges of the marginalized have become more prevalent. Political protest and disrespect of elected officials in our city has become national news. Our highly rated Western University, home in the last few weeks to two year’s worth of new students arriving to experience higher education for the first time, has been rocked with a horrific beating death and violence towards women.

Our reputation is under assault, and sadly for good reason. There is so much to be celebrated here, but we must not relent until we cleanse our quiet, fair, moderate and accepting city of our recent turmoil.

Our response to these issues must be compassionate as well as bold. We must set a new bar for caring.  We must do everything, and then some more. We must set the narrative going forward and provide the national media with reason to sing our praises.

Stand up, get involved and be part of the solution. Our great city and its citizens can rise to this challenge. The victims deserve it.

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

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London East

Low

Address: 105-1170 Hamilton Road
MLS number: 40159105
List price: $169,900
Days on market: 18
Size: 1 bedroom, 1 bathroom, 505 square feet
Listing agent: Scott Vannoord, Salesperson, Sutton Group –Select Realty Inc.

High

Address: 151 Travelled Road
MLS number: 40120910
List price: $2,800,000
Days on market: 106 
Size: 11 bedrooms, 5 bathrooms, 6,120 square feet
Listing agent: Geoff Mitchell, Sales Representative, ReMax Centre City Realty Inc., Brokerage

London North

Low

Address: 73 Forward Avenue
MLS number: 40162585
List price: $349,900
Days on market: 6
Size: 2 bedroom, 1 bathroom, 860 square feet
Listing agent: Carol Turnbull, Sales Representative, ReMax Centre City Realty, Brokerage

High

Address: 1382 Corley Drive
MLS number: 40129877
List price: $2,698,800
Days on market: 4
Size: 5 bedrooms, 5 bathrooms, 3,320 square feet
Listing agent: Kim Mullan, Broker, Sutton Group, Select Realty Inc., Brokerage

London South & West

Low

Address: 306-1586 Ernest Avenue
MLS number: 40162014
List price: $245,000
Days on market: 7
Size: 1 bedroom, 1 bathroom, 500 square feet
Listing agent: Alex Farhat, Sales Representative, Peak Professionals Realty Inc, Brokerage

High

Address: 1938 Kilgorman Way
MLS number: 40146198
List price: $4,800,000
Days on market: 50
Size: 6 bedrooms, 5 bathrooms, 4,285 square feet
Listing agent: Simon A Farrugia, Sales Representative, Sutton Group Preferred Realty Inc. Brokerage

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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.