London, ON – In September, 561 homes changed hands via the Multiple Listing Service® (MLS®) of the London and St. Thomas Association of REALTORS® (LSTAR), up 5.3% compared to September 2025 and up from the previous month, which recorded 526 sales.
The Property Pedlar Blog
Friday, October 2, 2026
September Sales are strong
Thursday, August 6, 2026
July Home Sales Show Signs of a Balanced Market
In July, 686 homes changed hands via the Multiple Listing Service® (MLS®) of the London and St. Thomas Association of REALTORS® (LSTAR). Although down 4.9% from July 2025, the sales activity is on par with activity recorded in the past four years.
“The marketplace is starting to see a little more certainty around interest rates, with the Bank of Canada maintaining its policy rate at 2.25% last month, which has remained the same since last October,” said Robin Tiller, LSTAR’s 2026 Chair. “With historically high inventory, it’s setting the stage for a busier fall market. July saw 4.9 months of inventory, with 3,367 active listings across the LSTAR region.”
The July sales-to-new listings ratio was 44.5%, up from June which came in at 41.6%.
“According to the Canadian Real Estate Association (CREA), a ratio between 45% and 65% indicates conditions of a balanced market,” Tiller said. “
Friday, July 3, 2026
June Home Sales Remain Steady
In June, 753 homes changed hands via the Multiple Listing Service® (MLS®) of the London and St. Thomas Association of REALTORS® (LSTAR). That was up 1.6%, compared to June 2025, and on par with June sales over the past four years.
“The June sales-to-new listings ratio was 41.6%, on par with May which came in at 42.8%,” said Robin Tiller, LSTAR’s 2026 Chair. “According to the Canadian Real Estate Association (CREA), a ratio between 45% and 65% indicates conditions of a balanced market. Historically, we’ve seen slower activity during the summer season, but the June data has given us a steady start.”
Average sales price saw some fluctuation last month. It was $606,614, down 6.7% from the same month a year ago. By comparison, the May average sales price was $662,292, while it was $618,665 in April. Inventory remained stable, with 4.6 months of inventory recorded in June.
Sunday, June 7, 2026
June Newsletter ~ The PEDLAR Team Update
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Saturday, June 6, 2026
Home sales increase in May 2026
Home sales grew steadily month over month with 776 homes changing hands via the Multiple Listing Service® (MLS®) of the London and St. Thomas Association of REALTORS® (LSTAR). That was up 8.8%, compared to May 2025, and an increase of 138 more units sold over the previous month.
“It’s an encouraging sign, as we head into the summer season,” said Robin Tiller, LSTAR’s 2026 Chair. “Since the start of the year, we’ve consistently seen month-over-month gains in sales. Activity is right on par with the last five years.”
Average sales price took a healthy jump in May. It was $662,292, up from $618,665 in April. The London region saw noticeable month-over-month gains. In London South, the average sales price was $677,226, up from $626,840 the previous month, as well as London East, with an average price of $476,844, up from $450,793 in April.
“The sales-to-new listings ratio was 42.8%, up from 36% recorded in April,” Tiller said. “According to the Canadian Real Estate Association (CREA), a ratio between 45% and 65% indicates conditions of a balanced market. We also saw inventory levels beginning to stabilize in May, with 4.3 months of inventory, down from 4.5 months of inventory compared to the same time in 2025. That’s down from the 5 months of inventory recorded in April.”
Wednesday, May 13, 2026
Sales Remain Steady in April
In April, 638 homes changed hands via LSTAR's MLS® system. Although down 6.6% compared to April 2025, that was an increase of 52 more units sold over the previous month. Average sales price was $618,665 in April, down from the previous month. Noticeable month over month gains in average sales price happened in St. Thomas and Strathroy-Caradoc.































