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Thursday (Dec 6th) Numbers
2007-12-08 01:28:00
Thursday (Dec 6th) brought 24 new listings versus 24 sales-for a sell/list ratio of 100.00%.The 14 day rolling sell/list ratio now stands at 68.86%.Average list price of the sales was $245,071 & average sales price was $227,023.This means that average sales price today sold below the list by $18,048 or 7.40%.Of the 24 sales that occurred, 1 sold at or above over the asking price.That's 4% of the listings sold either at or over the asking price.Active listings for LONDON ONLY now stands at 4154.There were 8 Price Changes, 1 Price Increases & 7 Price Decreases.
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Wednesday (Dec 5th) Numbers
2007-12-08 00:30:00
Wednesday (Dec 5th) brought 25 new listings versus 14 sales-for a sell/list ratio of 56.00%.The 14 day rolling sell/list ratio now stands at 67.87%.Average list price of the sales was $256,392 & average sales price was $249,114.This means that average sales price today sold below the list by $7,278 or 2.84%.Of the 14 sales that occurred, 2 sold at or above over the asking price.That's 14% of the listings sold either at or over the asking price.Active listings for LONDON ONLY now stands at 4161.There were 6 Price Changes, 1 Price Increases & 5 Price Decreases.
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Tuesday (Dec 4th) Numbers
2007-12-08 00:24:00
Tuesday (Dec 4th) brought 26 new listings versus 14 sales-for a sell/list ratio of 53.85%.The 14 day rolling sell/list ratio now stands at 67.79%.Average list price of the sales was $210,715 & average sales price was $208,718.This means that average sales price today sold below the list by $1,997 or 0.95%.Of the 14 sales that occurred, 3 sold at or above over the asking price.That's 21% of the listings sold either at or over the asking price.Active listings for LONDON ONLY now stands at 4155.There were 9 Price Changes, 2 Price Increases & 7 Price Decreases.
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Monday (Dec 3rd) & The Weekend Numbers
2007-12-08 00:16:00
Monday (Dec 3rd) & the weekend brought 34 new listings versus 25 sales-for a sell/list ratio of 73.53%.The 14 day rolling sell/list ratio now stands at 70.36%.Average list price of the sales was $203,224 & average sales price was $196,416.This means that average sales price today sold below the list by $6,807 or 3.35%.Of the 25 sales that occurred, 2 sold at or above over the asking price.That's 8% of the listings sold either at or over the asking price.Active listings for LONDON ONLY now stands at 4157.There were 15 Price Changes, 1 Price Increases & 14 Price Decreases.
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Friday (November 30th) Numbers
2007-12-07 23:50:00
Friday (Nov 30th) brought 29 new listings versus 20 sales-for a sell/list ratio of 66.67%.The 14 day rolling sell/list ratio now stands at 70.08%.Average list price of the sales was $173,375 & average sales price was $169,320.This means that average sales price today sold below the list by $4,055 or 2.33%.Of the 20 sales that occurred, 3 sold at or above over the asking price.That's 15% of the listings sold either at or over the asking price.Active listings for LONDON ONLY now stands at 4155.There were 8 Price Changes, 0 Price Increases & 8 Price Decreases.
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Thursday (Nov 29th) Numbers
2007-12-02 16:51:00
Thursday (Nov 27th) brought 18 new listings versus 10 sales-for a sell/list ratio of 55.56%.The 14 day rolling sell/list ratio now stands at 70.88%.Average list price of the sales was $186,110 & average sales price was $181,055.This means that average sales price today sold below the list by $5,055 or 2.72%.Of the 10 sales that occurred, 2 sold at or above over the asking price.That's 20% of the listings sold either at or over the asking price.Active listings for LONDON ONLY now stands at 4156.There were 9 Price Changes, 0 Price Increases & 9 Price Decreases.
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Wednesday (Nov 28th) Numbers
2007-12-01 16:25:00
Wednesday (Nov 28th) brought 30 new listings versus 13 sales-for a sell/list ratio of 43.33%.The 14 day rolling sell/list ratio now stands at 74.11%.Average list price of the sales was $167,100 & average sales price was $162,262.This means that average sales price today sold below the list by $4,838 or 2.89%.Of the 13 sales that occurred, 1 sold at or above over the asking price.That's 8% of the listings sold either at or over the asking price.Active listings for LONDON ONLY now stands at 4156.There were 6 Price Changes, 1 Price Increases & 5 Price Decreases.
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Tuesday (Nov 27th) Numbers
2007-12-01 16:09:00
Tuesday (Nov 27th) brought 23 new listings versus 17 sales-for a sell/list ratio of 73.91%.The 14 day rolling sell/list ratio now stands at 76.07%.Average list price of the sales was $215,535 & average sales price was $211,235.This means that average sales price today sold below the list by $4,300 or 1.99%.Of the 17 sales that occurred, 3 sold at or above over the asking price.That's 18% of the listings sold either at or over the asking price.Active listings for LONDON ONLY now stands at 4143.There were 17 Price Changes, 3 Price Increases & 14 Price Decreases.
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Monday (Nov 26th) & Weekend Numbers
2007-11-27 00:28:00
Monday (Nov 26th) & the weekend brought 28 new listings versus 28 sales-for a sell/list ratio of 100%.The 14 day rolling sell/list ratio now stands at 74.45%.Average list price of the sales was $187,746 & average sales price was $181,204.This means that average sales price today sold below the list by $6,543 or 3.48%.Of the 28 sales that occurred, 2 sold at or above over the asking price.That's 7% of the listings sold either at or over the asking price.Active listings for LONDON ONLY now stands at 4139.There were 13 Price Changes, 0 Price Increases & 13 Price Decreases.
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Friday (Nov 23rd) Numbers
2007-11-26 01:17:00
Friday (Nov 23rd) brought 24 new listings versus 14 sales-for a sell/list ratio of 58.33%.The 14 day rolling sell/list ratio now stands at 71.36%.Average list price of the sales was $187,471 & average sales price was $183,643.This means that average sales price today sold below the list by $3,829 or 2.04%.Of the 14 sales that occurred, 2 sold at or above over the asking price.That's 14% of the listings sold either at or over the asking price.Active listings for LONDON ONLY now stands at 4145.There were 7 Price Changes, 2 Price Increases & 5 Price Decreases.
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Thursday (Nov 22nd) Numbers
2007-11-26 00:59:00
Thursday (Nov 22nd) brought 22 new listings versus 19 sales-for a sell/list ratio of 86.36%.The 14 day rolling sell/list ratio now stands at 66.81%.Average list price of the sales was $177,151 & average sales price was $170,383.This means that average sales price today sold below the list by $6,769 or 3.82%.Of the 19 sales that occurred, 3 sold at or above over the asking price.That's 16% of the listings sold either at or over the asking price.Active listings for LONDON ONLY now stands at 4142.There were 11 Price Changes, 1 Price Increases & 10 Price Decreases.
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Wednesday (Nov 21st) Numbers
2007-11-26 00:47:00
Wednesday (Nov 21st) brought 29 new listings versus 14 sales-for a sell/list ratio of 48.28%.The 14 day rolling sell/list ratio now stands at 63.73%.Average list price of the sales was $240,420 & average sales price was $231,234.This means that average sales price today sold below the list by $9,786 or 3.82%.Of the 14 sales that occurred, 4 sold at or above over the asking price.That's 29% of the listings sold either at or over the asking price.Active listings for LONDON ONLY now stands at 4142.There were 10 Price Changes, 0 Price Increases & 10 Price Decreases.
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Tuesday (Nov 20th) Numbers
2007-11-26 00:37:00
Tuesday (Nov 20th) brought 32 new listings versus 20 sales-for a sell/list ratio of 62.50%.The 14 day rolling sell/list ratio now stands at 67.80%.Average list price of the sales was $200,505 & average sales price was $195,501.This means that average sales price today sold below the list by $5,004 or 2.50%.Of the 20 sales that occurred, 4 sold at or above over the asking price.That's 20% of the listings sold either at or over the asking price.Active listings for LONDON ONLY now stands at 4133.There were 12 Price Changes, 0 Price Increases & 12 Price Decreases.
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Monday (Nov 19th) & Weekend Numbers
2007-11-26 00:15:00
Monday (Nov 19th) & the weekend brought 34 new listings versus 17 sales-for a sell/list ratio of 50%.The 14 day rolling sell/list ratio now stands at 66.39%.Average list price of the sales was $187,671 & average sales price was $182,847.This means that average sales price today sold below the list by $4,824 or 2.57%.Of the 17 sales that occurred, 5 sold at or above over the asking price.That's 29% of the listings sold either at or over the asking price.Active listings for LONDON ONLY now stands at 4131.There were 16 Price Changes, 0 Price Increases & 16 Price Decreases.
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Friday (Nov 16th) Numbers
2007-11-22 01:56:00
Friday (Nov 16th) brought 32 new listings versus 34 sales-for a sell/list ratio of 106.25%.The 14 day rolling sell/list ratio now stands at 65.17%.Average list price of the sales was $224,079 & average sales price was $218,650.This means that average sales price today sold below the list by $5,429 or 2.43%.Of the 34 sales that occurred, 4 sold at or above over the asking price.That's 12% of the listings sold either at or over the asking price.Active listings for LONDON ONLY now stands at 4128.There were 17 Price Changes, 2 Price Increases & 15 Price Decreases.
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Thursday (Nov 15th) Numbers
2007-11-22 01:42:00
Thursday (Nov 15th) brought 30 new listings versus 24 sales-for a sell/list ratio of 80.00%.The 14 day rolling sell/list ratio now stands at 64.39%.Average list price of the sales was $239,958 & average sales price was $233,913.This means that average sales price today sold below the list by $6,046 or 2.51%.Of the 24 sales that occurred, 5 sold at or above over the asking price.That's 21% of the listings sold either at or over the asking price.Active listings for LONDON ONLY now stands at 4143.There were 16 Price Changes, 11 Price Increases & 20 Price Decreases.
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Wednesday (Nov 14th) Numbers
2007-11-15 17:54:00
Wednesday (Nov 14th) brought 24 new listings versus 13 sales-for a sell/list ratio of 54.17%.The 14 day rolling sell/list ratio now stands at 61.95%.Average list price of the sales was $220,453 & average sales price was $213,123.This means that average sales price today sold below the list by $7,330 or 3.32%.Of the 13 sales that occurred, 1 sold at or above over the asking price.That's 8% of the listings sold either at or over the asking price.Active listings for LONDON ONLY now stands at 4144.There were 31 Price Changes, 11 Price Increases & 20 Price Decreases.
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October 2007 Breakdown
2007-11-14 19:05:00
New Feature has been created for LORED (London Ontario Real Estate Diagnosis) that will be used to further help track the London RE progress.Why are we doing this? I'll explain in a bit, but review the following information for now...Residential (single family) Activity by Area for October 2007 :Residential (single family) Activity by Area for the previous year, October 2006:Why are we doing this? Although LORED does not have a crystal ball, as you can probably tell our goal is to become educated investors as much as possible and to be sure we are operating in our target area of London armed with the right information. That being said, its important to understand that diagnosing the London market entails we're consistently measuring supply & demand for the area. The basic economics of supply & demand determine whether the local housing market is rising or falling. When demand exceeds supply, prices rise. When supply exceeds demand, prices fall, & thus the London real es...

October Official Stats
2007-11-14 18:20:00
October 2007 "official" stats are out & we've updated our charts for the month. Average Sales Price YTD (year-to-date) for October 2006 was $201,523 & (drum roll) YTD 2007 it is now $216,379 - this part includes London and area. That's the only information in this post that is. I'll explain in more detail, but this pretty much corresponds to the information in my target area of just London for this month.... Click here for that report.Confused about what I'm talking about regarding target area & official stats & stuff? Allow me to clarify:The following information is a breakdown of residential (SFH) activity only & also I've omitted the St. Thomas & area. This information is according to London & St. Thomas Board of Realtor's Stats . This is the info you read about in the public & local media. I however, only track London & I omit St. Thomas and area. My stats are found here. The stats I track myself are from my own sources, so I like to comp...
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Tuesday (Nov 14th) Numbers
2007-11-14 18:05:00
Tuesday (Nov 13th) brought 25 new listings versus 24 sales-for a sell/list ratio of 96.00%.The 14 day rolling sell/list ratio now stands at 63.25%.Average list price of the sales was $208,102 & average sales price was $205,959.This means that average sales price today sold below the list by $2,143 or 1.03%.Of the 24 sales that occurred, 5 sold at or above over the asking price.That's 21% of the listings sold either at or over the asking price.Active listings for LONDON ONLY now stands at 4146.There were 1 Price Changes, 0 Price Increases & 1 Price Decreases.
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Monday (Nov 12th) Numbers
2007-11-14 17:46:00
Monday (Nov 12th) & the weekend brought 37 new listings versus 28 sales-for a sell/list ratio of 75.68%.The 14 day rolling sell/list ratio now stands at 66.60%.Average list price of the sales was $226,146 & average sales price was $222,923.This means that average sales price today sold below the list by $3,223 or 1.43%.Of the 28 sales that occurred, 7 sold at or above over the asking price.That's 25% of the listings sold either at or over the asking price.Active listings for LONDON ONLY now stands at 4147.There were 21 Price Changes, 0 Price Increases & 21 Price Decreases.
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Monthly Comparison: LONDON in October 2007
2007-11-11 17:24:00
We've closed the books on another month & its time for the monthly update. Much like September, October was another weaker month than the previous months. Again this is none-too-surprising as historically August, September & October in terms of real estate performance is consistently unspectacular.We've compiled the complete monthly stats, but before we get to them here is the usual clarification:These numbers represent LONDON ONLY and my target area is London residential and multi-family housing. Thus, when the mls stats come out in a week or so -and will be presented here as well such as they were in past months- the numbers will be much different. That is because those numbers will represent London & area and only residential(whereas I include multi-family property). First up as always, monthly prices.... & Prices increased on the listing side, but sales price came in lower than the previous month. October's average list price was $212,166 & sale price aver...
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Friday (Nov 9th) Numbers
2007-11-11 17:07:00
Friday (Nov 9th) brought 24 new listings versus 27 sales-for a sell/list ratio of 112.50%.The 14 day rolling sell/list ratio now stands at 62.38%.Average list price of the sales was $227,061 & average sales price was $221,407.This means that average sales price today sold below the list by $5,654 or 2.49%.Of the 27 sales that occurred, 8 sold at or above over the asking price.That's 30% of the listings sold either at or over the asking price.Active listings for LONDON ONLY now stands at 4149.There were 13 Price Changes, 0 Price Increases & 13 Price Decreases.
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Thursday (Nov 8th) Numbers
2007-11-09 01:18:00
Thursday (Nov 8th) brought 33 new listings versus 23 sales-for a sell/list ratio of 69.70%.The 14 day rolling sell/list ratio now stands at 60.46%.Average list price of the sales was $234,287 & average sales price was $226,539.This means that average sales price today sold below the list by $7,748 or 3.31%.Of the 23 sales that occurred, 5 sold at or above over the asking price.That's 14% of the listings sold either at or over the asking price.Active listings for LONDON ONLY now stands at 4154.There were 25 Price Changes, 2 Price Increases & 23 Price Decreases
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Wednesday (Nov 7th) Numbers
2007-11-09 01:09:00
Wednesday (Nov 7th) brought 37 new listings versus 21 sales-for a sell/list ratio of 56.76%.The 14 day rolling sell/list ratio now stands at 58.72%.Average list price of the sales was $206,895 & average sales price was $202,952.This means that average sales price today sold below the list by $3,943 or 1.91%.Of the 21 sales that occurred, 3 sold at or above over the asking price.That's 14% of the listings sold either at or over the asking price.Active listings for LONDON ONLY now stands at 4052.There were 4 Price Changes, 1 Price Increases & 3 Price Decreases
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Tuesday (Nov 6th) Numbers
2007-11-09 00:56:00
Tuesday (Nov 6th) brought 50 new listings versus 31 sales-for a sell/list ratio of 62.00%.The 14 day rolling sell/list ratio now stands at 58.82%.Average list price of the sales was $246,863 & average sales price was $238,945.This means that average sales price today sold below the list by $7,918 or 3.21%.Of the 31 sales that occurred, 5 sold at or above over the asking price.That's 16% of the listings sold either at or over the asking price.Active listings for LONDON ONLY now stands at 4052.There were 15 Price Changes, 1 Price Increases & 14 Price Decreases
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Monday (Nov 5th) Numbers
2007-11-09 00:47:00
Monday (Nov 5th) & the weekend brought 46 new listings versus 9 sales-for a sell/list ratio of 19.57%.The 14 day rolling sell/list ratio now stands at 58.80%.Average list price of the sales was $207,625 & average sales price was $203,922.This means that average sales price today sold below the list by $3,702 or 1.78%.Of the 9 sales that occurred, 1 sold at or above over the asking price.That's 11% of the listings sold either at or over the asking price.Active listings for LONDON ONLY now stands at 4052.There were 21 Price Changes, 3 Price Increases & 18 Price Decreases
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Friday (Nov 2nd) Numbers
2007-11-03 23:44:00
Friday (Nov 2nd) brought 33 new listings versus 12 sales-for a sell/list ratio of 36.36%.The 14 day rolling sell/list ratio now stands at 62.88%.Average list price of the sales was $196,308 & average sales price was $189,833.This means that average sales price today sold below the list by $6,475 or 3.30%.Of the 12 sales that occurred, 0 sold at or above over the asking price.That's 0% of the listings sold either at or over the asking price.Active listings for LONDON ONLY now stands at 4102.There were 7 Price Changes, 0 Price Increases & 7 Price Decreases.
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Thursday (Nov 1st) 2007
2007-11-03 23:34:00
Thursday (Nov 1st) brought 35 new listings versus 37 sales-for a sell/list ratio of 105.71%.The 14 day rolling sell/list ratio now stands at 65.73%.Average list price of the sales was $214,897 & average sales price was $210,215.This means that average sales price today sold below the list by $4,682 or 2.18%.Of the 37 sales that occurred, 8 sold at or above over the asking price.That's 22% of the listings sold either at or over the asking price.Active listings for LONDON ONLY now stands at 4086.There were 9 Price Changes, 6 Price Increases & 3 Price Decreases.
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Wednesday (Oct 31st) Numbers
2007-11-03 23:17:00
Wednesday (Oct 31st) brought 42 new listings versus 20 sales-for a sell/list ratio of 47.62%.The 14 day rolling sell/list ratio now stands at 62.15%.Average list price of the sales was $179,090 & average sales price was $173,935.This means that average sales price today sold below the list by $5,155 or 2.88%.Of the 20 sales that occurred, 3 sold at or above over the asking price.That's 15% of the listings sold either at or over the asking price.Active listings for LONDON ONLY now stands at 4089.There were 18 Price Changes, 0 Price Increases & 18 Price Decreases
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