📊 May 2025 London Area Market Update – What You Need to Know

Welcome to your May snapshot of the London & St. Thomas real estate market — whether you're thinking of buying, selling, or just staying informed, this update is for you.

The market continues to shift: listings are up, prices are stable, and homes are moving slightly faster — creating both opportunity and competition this season.

📌 London & St. Thomas Market Highlights

  • Average Price: $660,403 (▼ 0.1%)
  • Total Sales: 774 (▼ 4.2%)
  • New Listings: 1,644 (▲ 4.7%)
  • Active Listings: 3,088 (▲ 24.1%)
  • Median Days on Market: 18 (down from 21 in April)
  • Months of Inventory: 4.0 months
May 2025 Home Prices Chart
🏙 Local Spotlight – New Italian Eatery in Wortley Village

A charming new Italian restaurant has opened in Wortley Village! With cozy ambiance and authentic dishes, it's quickly becoming a go-to for locals. A perfect place for a relaxed dinner or brunch with friends.
🎉 Don't Miss This – Gathering on the Green

Join your neighbors on Saturday, June 7 in Wortley Village for this beloved annual event. Enjoy live music, food trucks, artisan markets, and family-friendly fun — a great way to kick off summer!
🟢 For Buyers:
✔ More listings to choose from
✔ Less competition than last year
✔ Rates are holding — let's talk strategy
🔵 For Sellers:
✔ Pricing and presentation = key
✔ Listings are moving faster
✔ Now is a smart time to list
🤝 We Love Referrals

Know someone thinking about buying or selling? I'd love to help. Your referrals mean the world to me — and I promise to take great care of them!
Joanne Swain Real Estate

Joanne Swain

Joanne Swain

Realtor, Keller Williams Lifestyle Realty

📞 (705) 715-4954
🌐 www.joanneswainrealtor.com
[email protected]
📍 London, Ontario