Colene Wells Real Estate

Colene Wells Real Estate The Realty Firm Inc. Brokerage

06/03/2026

May 2026 Market: great listings, great prices, great choices!

Curious what homes in your neighbourhood are selling for? Send me a DM for a complimentary, no-obligation market update tailored to your area. Knowing your home’s value starts with knowing the local numbers.

The latest numbers are in, and the London area market continues to move toward balance.🏡 776 homes sold🏡 1,815 new listi...
06/03/2026

The latest numbers are in, and the London area market continues to move toward balance.

🏡 776 homes sold
🏡 1,815 new listings
🏡 $662,292 average sale price
🏡 24 days on market
🏡 4.3 months of inventory

What does this mean?

✅ Buyers have more choice than they’ve had in years
✅ Sellers are still selling successfully, but preparation and pricing matter
✅ The market is becoming more balanced
✅ Negotiations are becoming more common

A balanced market is generally considered between 4 and 6 months of inventory. At 4.3 months, we’re entering a market where neither buyers nor sellers have a significant advantage.

The biggest takeaway?

Homes are still selling. Buyers are still buying. But strategy matters more than ever.

Thinking of buying or selling in London, St. Thomas, Middlesex Centre, Thames Centre, or the surrounding area? Let’s talk about what these numbers mean for your specific situation.

What a win for my buyers!! One of my favourite transactions is buyers who go from renters to home owners, it’s such a b...
05/30/2026

What a win for my buyers!! One of my favourite transactions is buyers who go from renters to home owners, it’s such a big move. Thinking we’d start small but with patience & due diligence securing a home that could last forever, loaded with potential and all the good vibes. I am so thankful to have worked with this beautiful family and can’t wait to see what they do with this home. ❤️🥂

05/27/2026

Thinking about buying a condo in London, Ontario? One of the biggest questions buyers ask is: What do condo fees actually cover? 👇

Condo fees can include things like:
• Building insurance
• Snow removal & landscaping
• Water
• Exterior maintenance
• Amenities
• Reserve fund contributions for future repairs

But here’s the important part: not all condo fees cover the same things. Some utilities may be included, while others are extra. A lower condo fee doesn’t always mean a better deal.

Before buying a condo in London Ontario, it’s important to understand exactly what you’re paying for — and what future costs could look like.

If you’re considering condo living and want help understanding the numbers, feel free to reach out anytime.

05/12/2026

One of the top questions, should I stay or should I go? Selling your home in in 2026

This condo had previously sat on the market but with the right strategy, professional staging and targeted marketing, we...
05/06/2026

This condo had previously sat on the market but with the right strategy, professional staging and targeted marketing, we were able to get it sold quickly.

Marketing matters. Presentation matters. Exposure matters. I’m so happy for my sellers as they move on to their next chapter.

Always so grateful for the trust 💛

04/29/2026

London On
Professionally renovated top to bottom
2 beds
1 bath
Skyline views
Sunset dreams

04/22/2026

Taxes and home sales:
Primary homes = no tax
Secondary homes (cottages, rentals, flips) = tax
Specific questions = ask me!

Some transactions come together easily—this wasn’t one of them.There were moments where it looked like it wasn’t going t...
04/17/2026

Some transactions come together easily—this wasn’t one of them.
There were moments where it looked like it wasn’t going to happen.
But with the right approach, patience, problem-solving, working through the details and not forcing anything is what brought it back together.
The trust my clients place in me to guide them through complex moments like this is both humbling and deeply appreciated. New chapter!!!!! 🥂🙌🙌❤️❤️❤️

NEW LISTING!!304-549 Ridout St N. London On$319,900Imagine waking up to tree-lined views, grabbing your coffee, and walk...
04/15/2026

NEW LISTING!!
304-549 Ridout St N. London On
$319,900

Imagine waking up to tree-lined views, grabbing your coffee, and walking straight into Harris Park. No driving. No crowds. Just space, light, and calm.
This 2-bed, 2-bath condo offers over 1,200 sq ft, underground parking, and a layout that actually makes sense. Perfect for first-time buyers tired of renting, downsizers wanting simplicity without sacrifice, or investors targeting one of London’s strongest rental locations.
Opportunities like this don’t sit long. Especially not in this location.

Address

395 Wellington Road 11B
London, ON
N6G5Z6

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