Sutton Group Envelope Real Estate Brokerage Inc.

Selling or Buying a Home in London, Ontario, This Summer? Here's the Real Picture

Summer in London, Ontario real estate: quieter season, focused buyers, real opportunity.

According to current LSTAR data, London sits at 5.0 months of inventory with homes selling at 97.4% of asking in a median of 26 days. The market isn't slow — it's precise. And the sellers and buyers who do well this summer are the ones who treated it that way.

If you're selling: the buyers still active in July and August are motivated — they're not browsing for fun. But with more inventory on the market than in recent years, your home has to compete on price, condition, and presentation from the moment it goes live. The first week is your window. A home that doesn't get traction in week one goes stale fast.

If you're buying: higher inventory means more choice and less pressure. Homes that have been sitting since spring are the most negotiable they'll be all year. Get fully pre-approved before you start looking, know what you actually need versus what would be nice, and act with confidence when the right home appears.

If you're doing both: the timing coordination matters. Map the plan before you list or offer — not after.

The full breakdown of pros, cons, and what to do about each is on the blog.

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The news says London real estate is "slow." Here's what they're not telling you.

Within a single London neighbourhood, there's often a $200,000 to $500,000 gap between what one street sells for and what the next one does. Averaging that and calling it "the market" tells you nothing useful about your home or your next one.

June 2026 across London's ten established neighbourhoods tells a more honest story.

More inventory, yes — but sellers pricing to that reality are moving. Buyers who get it are acting. The fence-sitters are going to regret it.

I've updated all ten neighbourhood pages with the real June numbers. Not a city average — each area, broken down.

👉 See all ten updates [in first comment]