10/07/2026
The real estate numbers are in for September 2026 in the London St. Thomas area. What do these numbers mean for you?
For a listing agent, number of sales month over month is up, as is average price. Some homes are selling. On the flip side, the number of active listings continues to rise, as does median days on market. Meaning, you have a lot of competition, so you need to be sharp in both pricing and condition for your seller to maximize their sale. Or be REALLY sharp in pricing.
For a buyer agent, your clients have the luxury of time, and inventory. Which for some buyers can turn a home search, into a "wait and see" market. Instead of moving forward, it's "keep an eye on it, let me know if anyone else is interested". You need to be prepared to keep your clients motivation at heart, and keep them focused on whether they want to see homes, or make their move to their next home.
What conversations are you having with sellers and buyers currently?
Looking forward to continuing this conversation in the office at Thursday morning mastermind, at 9:30.