2020 – lstar’s second best year for home sales
In December 2020, the Aggregate Composite Benchmark price for the entire London-St. Thomas area was $483,900, while the overall LSTAR average price sat at $555,324.
At the end of December, the average home price in London North was $673,872, up 29.3% compared to December 2019. In London South, it was $584,997, 24.6% over the previous year, while London East saw its average home price climb to $434,195, up 25.2% over a year ago. In St. Thomas, the average sales price was $440,557, up 10.6% over December 2019.
Out of the 596 houses sold last month by LSTAR REALTORS®, 440 were single-family homes, 76 were townhouses and 52 were apartments. The table below shows the December benchmark prices for all house types and how they stack up against the values from a year ago.
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WHAT MY CLIENTS THINK
"Brian has gone above and beyond the sale of my house. He is genuine, honest and straight forward. I have already given his name out to a few friends if they ever need a realtor."
"Brian was a great asset to me in the purchasing of my first new property by going above and beyond what I imagined. I’m extremely happy with the entire process. Even after the sale Brian continued to support me with advice and tips as new first home buyer. Brian’s knowledge in this sector made everything easy and fun!"
- Barbara S.
- Damian B.
"Brian put my needs first. Took care of all my questions and was very prompt and professional. I would highly refer Brian to other homeowners looking to sell."
- Justin L.