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The January Market - Hot or Not ?
Dated: February 5 2025
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In January 2025, London's real estate market demonstrated resilience amidst a slight downturn in sales activity. The London and St. Thomas Association of Realtors reported 370 transactions for the month, reflecting a 20.3% decrease compared to the same period last year. Despite this dip, the average home price rose to $639,486, marking a 4.5% increase from January 2024. This upward trend in pricing underscores the sustained demand and interest in our local market.
Wes Watson
I’m Wes, one of the owners of RE/MAX Icon Realty based in Waterloo and London, Ontario. With over 20 years of experience in the real estate industry, my passion is helping clients find their dream....
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