09/28/2026
What does an average price of $590,550 mean for a real negotiation?
Across the London and St. Thomas area, the average home price in August 2026 was 9.3% lower than a year earlier. Buyers also had more homes to choose from, while fewer homes sold.
In our negotiations, that means the conversation often starts with the alternatives. Buyers are comparing properties carefully and asking how the price reflects the home’s condition, location, and recent sales. Sellers need a clear answer, and a strategy that leaves room to negotiate without losing sight of their goals.
The regional average is useful context, but it does not set the value of every home. At Janozeski Real Estate Inc., we look at the property, the competing listings, and the terms that matter to each side. For sellers, that means thoughtful pricing and presentation. For buyers, it means knowing when there is room to negotiate and when a strong offer is warranted.
Whether you’re buying or selling, I’d be glad to help you make sense of your position in today’s market.
Michael Janozeski
Broker of Record | Janozeski Real Estate Inc.
📞 519-520-7808