10/07/2026
๐ก September 2026 Market Update | Oak & Key Real Estate Brokerage
September brought an increase in sales and average sale prices across the London & St. Thomas Association of REALTORSยฎ market area, while overall conditions continued to favour buyers.
๐ 561 homes sold - up 5.3% from September 2025 and up from 526 in August
๐ 1,615 new listings
๐ฐ $611,509 average sale price - up from $590,550 in August
๐
34 average days on market
๐ 5.9 months of inventory
London South and London North saw the largest month-over-month gains in average sale price, reaching $608,872 and $704,858, respectively.
What does this mean for buyers? ๐
More inventory can mean more choice, time to compare properties, and room to negotiate price and terms. Having a clear budget and understanding local values helps you recognize the right opportunity when it comes along.
What does this mean for sellers? ๐ก
Homes are selling, but buyers have options. Competitive pricing, thoughtful presentation, and targeted marketing are essential to help your home stand out. An increase in the regional average sale price doesnโt necessarily mean every homeโs value has increased - your neighbourhood and comparable properties matter.
At Oak & Key, we help you turn market information into a strategy that fits your goals. From evaluating your buying options to positioning your home for sale, our team provides local insight, clear guidance, and negotiation strategies to help you move forward with confidence.
๐ฒ Thinking about buying or selling this fall? Letโs talk about the best approach for your next move.
Oak & Key - Opening doors to your next chapter. ๐
โ๏ธ 519.878.9249
๐ง [email protected]
๐ BuyAndSellWithMel.ca