What Buyers and Sellers Need to Know Right Now
If you’ve been wondering whether now is a good time to buy or sell in London, Ontario or St. Thomas real estate, the latest market numbers tell an interesting story.At The Geordashians Real Estate Team — Myla George & Angee George, we believe market updates should actually make sense (and not sound like economics class), so here’s what’s happening locally and what it means for you.London & St. Thomas Real Estate Market Snapshot – May 2026
📈 Average Sale Price: $662,292(Up 1.0% year over year)🏡 New Listings: 1,815
(Down 9.1% year over year)🔑 Homes Sold: 776
(Up 8.8% year over year)📊 Months of Inventory: 4.3
What Does This Mean?
We’re continuing to see something buyers and sellers haven’t experienced in years — more balanced conditions.Inventory remains healthier than peak seller-market years, giving buyers more options and slightly more negotiating power, while motivated sellers who price strategically are still seeing strong activity.Translation?Good homes are still moving.Overpriced homes are sitting.
Presentation and marketing matter more than ever.
London, Ontario Average Housing Prices by Area
North London Average Price: $733,310
North London continues to hold strong with premium pricing driven by newer communities, excellent schools, shopping, and continued buyer demand.East London Average Price: $476,844
East London remains one of the strongest value opportunities for buyers looking for affordability, larger lots, and convenient access to Highway 401.South London Average Price: $677,226
South London continues showing resilience and growth with attractive neighbourhoods, family appeal, and accessibility.Is It a Good Time to Buy in London, Ontario?
Short answer: yes — if the numbers work for you.Buyers today are benefiting from:✔️ More selection
✔️ Less competition than peak years
✔️ Negotiation opportunities
✔️ Better decision-making time
Is It a Good Time to Sell in London, Ontario?
Also yes — but strategy matters.The homes winning right now are the ones that:- Show beautifully
- Are professionally marketed
- Are priced correctly
- Create excitement online and in person
Why More London Homeowners Are Choosing The Geordashians
At The Geordashians — Myla George & Angee George, our goal has never been to be the loudest agents in London.We focus on becoming one of the most trusted and recognized real estate teams in London, Ontario by delivering creative marketing, strategic pricing, elevated presentation, and an experience that actually feels exciting.Whether you’re buying your first home, upsizing, downsizing, or curious what your home could sell for in today’s market — we’re here to help.📍 Serving London, Ontario | St. Thomas | Lambeth | East London | North London | South London and surrounding communities📩 Reach out today for your personalized market update.The Geordashians*Making average homes feel Beverly HIlls expensive