London Ontario Real Estate

London Ontario Real Estate Market Reports

Every month, Eric Cassidy publishes a plain-language breakdown of the London Ontario real estate market — what sold, what it sold for, how long it took, and what it actually means if you're thinking about buying or selling. No spin. Just the numbers and an honest read.

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Latest Report
Feb 2026
London Ontario · LSTAR/CREA data
Avg. Sale Price
$617K
↓ 3.1% yr/yr
Months of Inventory
5.3
Balanced → Buyer's
Median Days on Market
28
21 days last month

Source: LSTAR / Canadian MLS® Systems, CREA. Updated monthly. London-only residential data.

What's in every report

Real numbers. Plain language. An honest read.

Each monthly report pulls directly from the LSTAR Market Activity Report — the same data used to price homes across London Ontario. Eric translates it into something you can actually use: what the market did, what it means for buyers and sellers, and what to watch for next month.

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Sales, prices & inventory

How many homes sold, what they sold for, how many are on the market, and how fast they're moving — broken down by property type so you know where you actually stand.

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Market conditions explained

Is London in a buyer's market, a seller's market, or somewhere in between? Every report shows where the inventory needle sits and what it means in plain terms — no jargon.

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Eric's honest take

Numbers without context are just noise. Every report includes Eric's read on what the data actually means — what to do if you're thinking about selling, and whether now makes sense if you're thinking about buying.

2026 Reports

Browse by month

Each report covers London Ontario residential sales data for that calendar month, sourced from LSTAR and CREA. New reports publish in the first week of the following month.

Live
February
2026
Avg. sale price $617,461
Homes sold (London) 292
Months of inventory 5.3
Median days on market 28 days
Read the full report →
March
2026
Published early April 2026
April
2026
Published early May 2026
May
2026
Published early June 2026

Want the report as soon as it's out?

Each new report is shared on Eric's Google Business Profile and social channels the week it publishes. Follow along or get in touch and he'll send it directly.

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Quick Answers

What people ask about London Ontario real estate

Where does this market data come from?
Every report is based on the monthly Market Activity Report published by the London and St. Thomas Association of REALTORS® (LSTAR), compiled by CREA using the PropTx MLS® System. It's the same data set real estate professionals use to set pricing strategy — collected on the first day of each month and released publicly shortly after.
What does "months of inventory" mean?
Months of inventory tells you how long it would take to sell every active listing at the current pace of sales, with no new homes added to the market. Under 4 months is a seller's market. 4–6 months is balanced. Over 6 months is a buyer's market. Every monthly report shows where London sits on this scale and what it means in practice.
How is a market report different from a home evaluation?
A market report shows how the London real estate market is performing overall — broad averages, sales volume, inventory, and trends. A home evaluation looks specifically at your property and what comparable homes on your street have actually sold for recently. Market reports give you context. An evaluation gives you a number. If you're thinking about selling, Eric's free evaluation covers both.
Does this data cover all of London Ontario?
The LSTAR report covers the London and St. Thomas Association of REALTORS® jurisdiction — London proper, St. Thomas, Middlesex County, Elgin County, and surrounding municipalities. Eric's analysis highlights London-specific figures separately from the broader region where the data allows, since conditions can differ meaningfully across these areas.
Frequently Asked

More about London Ontario real estate market reports

How often are the reports published?
LSTAR publishes the underlying market data in the first week of each month, covering the previous calendar month. Eric publishes his analysis on this site within a few days of that release. So February's data is available in early March, March's in early April, and so on. Each report is a complete snapshot of that month — not a rolling average.
What property types are covered in each report?
Every report covers the full London residential market — single-family homes (both one-storey and two-storey), townhouses and row houses, and apartments and condos. Each property type gets its own breakdown because conditions can vary significantly between them. Apartments, for example, often show very different inventory levels than single-family homes in the same month.
Who is Eric Cassidy and why should I trust his analysis?
Eric Cassidy is the founder of Cassidy & Co. Real Estate, a focused two-person real estate team based in London Ontario. He's sold 75+ homes across London's neighbourhoods — Byron, Oakridge, Masonville, Lambeth, Hyde Park, and more — and has lived in London for over 30 years. The analysis in these reports draws on official LSTAR data combined with on-the-ground experience of what's actually happening in the market week to week.
Can I get a market report for a specific neighbourhood in London?
The monthly LSTAR reports cover London as a whole. For neighbourhood-level data — what homes are selling for on your specific street, how long they're sitting, and what buyers are actually paying — that requires a direct conversation. Eric can give you a neighbourhood-specific picture as part of a free home evaluation, which goes deeper than any market report can.

Wondering what your home is worth in this market?

Market reports give you context. A home evaluation gives you a number specific to your property, your street, and your situation. Eric does this for free — no obligation, no pressure, just an honest answer.

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