About London's Wortley Village

211 houses exchanged hands in Old South London & Wortley Village in 2011 with an average selling price

of $266,222 and on average it took 38 days for a home to sell and these homes sold for 98% of the asking price! 3 condos sold in this neighbourhood as well.

Old South London remains a desirable neighbourhood with its own distinct mix of art, dining, culture and house styles. A lot of home owners have done some great renos and with deep lots, offer privacy that new neighbourhoods do not.

More and more home buyers are shying away from cookie cutter homes, small lots and little privacy.

To keep abreast of this fast market and more insight of this great London neighbourhood, let me know your thoughts, I know this area and the market.

104 houses exchanged hands in Old South London & Wortley Village from January 1, 2011 to July 3, 2011.

The average selling price was $269,004 and on average it took 39 days for a home to sell and these homes sold for 98% of the asking price!

Old South London remains a desirable neighbourhood with its own distinct mix of art, dining, culture and house styles.

I am predicting a very good year for this neighbourhood as more and more home buyers are shying away from cookie cutter homes, small lots and little privacy.

To keep abreast of this fast market and more insight of this great London neighbourhood, let me know your thoughts, I know this area and the market.

59 houses exchanged hands in Old South London & Wortley Village from January 1, 2011 to March 4, 2011.

The average selling price was $254,565 and on average it took 46 days for a home to sell and these homes sold for 97% of the asking price!

Old South London remains a desirable neighbourhood with its own distinct mix of art, dining, culture and house styles.

I am predicting a very hectic spring make for this neighbourhood as more and more home buyers are shying away from cookie cutter homes, small lots and little privacy.

To keep abreast of this fast market and more insight of this great London neighbourhood, let me know your thoughts, I know this area and the market.

2010 Home Sales in Old South, Wortley Village

For 2010, real estate sales in Old South and Wortley Village were quite vibrant considering the economy and the naysayers predictions of doom and gloom.

With London having a diversified economy and a wide array of lifestyles to choose from, I feel we should take the following facts as an indicator that London has a very stable real estate market as we do not see the spikes and lows of some other markets in Canada.

In 2010, the average listing price of a home in Old South was $261,111 versus $242,683 in 2009

Homes sold for 99% of asking price in 2010 while in 2009 that number was 97%

202 homes changed hands in this trendy neighbourhood of London and it took an average of 29 days for a home to sell in 2010. In 2009, there were 220 sales and it took 37 days for a home to sell.

As you can see, 2010 was not that bad, home prices have remained strong and the outlook for 2011 is quite positive.

Houses in Old South and Wortley Village neighbourhood that are listed for sale are selling quite well with 25 sales in October alone!

175 houses have sold in Old South from January 2010 to October 28, 2010 and on average homes were on the market for 25 days and averaging 99% of the asking price of $254,188!

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 +.

For an up to date list of houses for sale in Wortley Village and Old South London. we are just a click away!