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We serve and represent over 2,300 REALTORS® from London, St. Thomas, Strathroy, Middlesex County, & Elgin County.


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December 2024 LSTAR Statistics

421
Homes Sold
541
New Listings
4.6
Months of Inventory
77.8
Sales-to-New Listings Ratio
$636,942
Average Sale Price
$609,900
MLS® HPI Benchmark Price

Latest News

Robust Growth in December

LSTAR is pleased to announce that the December 2024 market has shown robust activity, with a significant number of homes exchanging hands and a healthy influx of new listings. Year end statistics point towards positive increases from the year before.

January 2, 2025

New Mortgage Rules in Canada: Key Changes to Boost Homeownership

On December 15th, two significant changes to mortgage rules in Canada took effect, aimed at making homeownership more accessible and affordable for Canadians.

December 16, 2024

Interest Rate Cuts Fuel November Real Estate Market Increase

In November, the average sale price in the real estate market in LSTAR's jurisdiction was $640,198, reflecting a 5.9% increase compared to the same month last year. This rise in prices highlights the ongoing demand and value in the market. Sales activity also saw a significant boost, with 614 transactions, marking a 35.5% increase year-over-year. New listings saw a significant rise of 10.8% year-to-date, providing more options for buyers.

December 4, 2024

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Partners


<span>Prime Communications</span>

<span>Iceberg Digital Marketing</span>

<span>Wise Cracks London</span>

<span>Real Estate Now</span>

<span>Doug Tarry Homes</span>

<span>Ironstone</span>

<span>BMO Bank of Montreal</span>

<span>Premier Heating and Cooling</span>

<span>ReallyTrusted</span>

<span>BrokerLink Insurance</span>

<span>Cohen Highley LLP</span>

<span>DUO Building</span>

<span>London Property Management Association</span>

<span>Elgin County Economic Development</span>

<span>JAAG Properties</span>

<span>Blinds By Design</span>

<span>AMJ Campbell</span>

<span>O'Brien Home Inspections Inc.</span>

<span>Robertson Hall Insurance</span>

<span>Real Estate Lawyers.ca LLP</span>

<span>MPAC Propertyline</span>

<span>Louise's Home Staging</span>

<span>Libro Credit Union</span>

<span>A First Impression by Carol</span>

<span>CVD Photography</span>

<span>1-800-GOT-JUNK</span>