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Houses in Old South and Wortley Village neighbourhood that were listed for sale are selling briskly! 150 have sold from January 2010 to Sept 1, 2010 and on average homes were on the market for 24 days and averaging 99% of asking price which was $250,098!
At present there are 42 resale houses in Old South/Wortley Village listed for sale from as low as $181,000 up to $800,000 +. Because of the ambience and ecletic range of homes you can see why this is a sought after London Ontario neighbourhood!
Taking a drive through Wortley Village and Old South is worth the trip and if you are not the cookie-cutter type, you will love Old South London.
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Year To Date Sales of Real Estate in Old South Remains Quite Strong
Houses in Old South and Wortley Village neighbourhood that are listed for sale are selling briskly! 126 have sold from January 2010 to July31, 2010 and on average homes were on the market for 24 days and averaging 99% of asking price of $251,037 which was $248,965!
At presnt there are 39 resale houses in Old South/Wortley Village listed for sale from as low as $184,000 up to $800,000 +. Because of the ambience and ecletic range of homes you can see why this is a sought after London Ontario neighbourhood!
Regardless if you are buying a home or selling a home, quality representation and a keen knowledge of the market will ensure a smooth transaction, and in particular, the neighbourhood.
For up to date information about real estate in Old South or details on what is available in Wortley Village you now know who to call!
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Houses in Old South and Wortley Village neighbourhood that are listed for sale are selling briskly! 126 have sold from January 2010 to June 30, 2010 and on average homes were on the market for 23 days and averaging 99% of asking price of $249, 210!
At presnt there are 44 houses in Old South/Wortley Village listed for sale from as low as $179,000 up to $800,000 +. Because of the ambience and ecletic range of homes you can see why this is a sought after London Ontario neighbourhood!
Regardless if you are buying a home or selling a home, quality representation and a keen knowledge of the market will ensure a smooth transaction, and in particular, the neighbourhood.
For up to date information about real estate in Old South or details on what is available in Wortley Village you now know who to call!
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Wortley Village and Old South remains a strong desirable neighbourhood in London to move to if the the first 3 months of this year are any indication!
There were 9 homes sold in January, 16 in February and 24 in March alone with an average selling price of $243,171 which was 99% of asking price.
Old South in London offers a variety of distinctive homes, unique streets and a blend of bohemian and aristocratic community and with a small bungalow starting at $114,900 to stately homes in the $850,000 range.
Old South's charm should not lull you into rushing to buy real estate. Yes, Old South is wonderful but because of the age of some of the homes, the work that has or has not been done requires patience and a professional who knows what to look for and questions to ask.
Why not contact me for the right answers and solutions to selling or buying real estate in Old South London?
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What is the Action on Condos in London, Ontario
What are condos selling for in London, Ontario? As I write this on October 19, 2009, I see that the condo market is doing quite well in London.
The average days it took for a condo to sell in London up to September 2009 and the days on the market for October has shown an improvement of about 7 days.
In North London January 1, 2009 to Sept 30, 2009 47 days. October 1-19 42 days
In South London " " " " 51 days " 44 days
In East London " " " " 46 days " 39 days
In North London, condos sold for 98% of the asking price. In South London it was 97% and in East London it was 96%.
What does all this mean? The numbers tell us that the London Real Estate market is stable, the inventory of condos is neither a buyers or sellers market and the selling prices asked are reasonable.
So you may ask, is this a good time to buy a condo or sell my condo? For buyers, there is a good list of quality condos for sale in all styles and neighbourhoods and for sellers, you know your condo is going to sell within 5-6 weeks and if it is marketed properly, less than 2 weeks!
For neighbourhood sales or a specific style of condo price information, let me know and your inbox will have that information quickly!
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