06/08/2026
📊 Market Update: May 2026 Recap
The London & St. Thomas real estate market gained momentum in May, with 776 homes sold, up 8.8% compared to May 2025. Sales activity increased while inventory remained elevated, giving buyers more options than we've seen in recent years.
🏡 May by the Numbers:
➤ Average Sales Price: $662,292
➤ Total Sales: 776
➤ Active Listings: 3,353
➤ Median Days on Market: 24
📍 London Home Price Averages:
➤ North London: $733,310
➤ South London: $677,226
➤ East London: $476,844
➤ London Average: $638,131
📍 Surrounding Area Averages:
➤ St. Thomas: $568,008
➤ Strathroy-Caradoc: $600,930
➤ Middlesex Centre: $1,115,644
🇨🇦 National benchmark pricing now sits at $667,700, while the London & St. Thomas benchmark price reached $570,000. Great value in London region!
With inventory levels remaining healthy and market activity improving, both buyers and sellers are finding opportunities in today's market. Whether you're purchasing your first home, moving up, downsizing, or investing, staying informed about local trends can help you make better real estate decisions.
📞 519-857-6000
💻 www.limelightrealty.ca