Statistical News Releases

In April 2022, 877 homes traded hands in the London-St. Thomas area and 1,609 new property listings were posted on the MLS® System of the London and St. Thomas Association of REALTORS® (LSTAR). The local housing supply bounced up to 1.2 months of inventory in April from only 0.6 months in March.

1,049 homes were sold in March 2022 in the London-St. Thomas area via LSTAR’s MLS® System. During the same time frame, 1,544 listings came on the local market, which makes last month the March with the highest number of listings in the history of the London and St. Thomas Association of REALTORS®. 

813 homes traded hands in February 2022 in the jurisdiction of the London and St Thomas Association of REALTORS®, only 8 units less than in the second month of 2021, which was LSTAR’s best February for home sales ever.

529 home sales were recorded by the London and St Thomas Association of REALTORS® (LSTAR) via its MLS® system in the first month of 2022, thus marking the Association’s second best January for home sales ever. During the same month, the local real estate market saw 669 new listings, out of which 286 were still active at month end. 

With 530 homes exchanging hands last month, LSTAR REALTORS® wrapped up 2021 by recording their second best December for residential transactions since the Association started tracking data, back in 1978. This brings the total number of homes sold last year in LSTAR’s jurisdiction to 10,964. 

816 homes traded hands last month in LSTAR's jurisdiction, bringing LSTAR's year-to-date total of residential transactions to 10,445. 

The London and St. Thomas Association of REALTORS® (LSTAR) announced another strong month for home sales in October, with 865 homes exchanging hands. Although down 7.1% compared to the same time a year ago, sales represent the second-highest number of homes sold in the month of October since 1978.

In September 2021, the London and St. Thomas Association of REALTORS® (LSTAR) experienced another solid month, with 864 residential transactions recorded via its MLS® system. 

925 homes traded hands last month via LSTAR's MLS® system, marking the second best August for home sales since LSTAR started tracking data, back in 1978. However, the pace of sales was slower than in August 2020, with the median number of days spent by a home on the market sitting at 9, compared to only 8 days last year.

The London and St Thomas Association of REALTORS® (LSTAR) reported 993 homes sold last month in its jurisdiction. LSTAR's overall average sales price was $614,913 in July 2021, 26.6% over the same period last year.