2 land parcels sold in London South in February 2025. Average sold price $616,000. 100% sold below asking — buyers have negotiating room.
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2 land parcels sold in London South in February 2025. The average sold price was $616,000 and the median was $616,000. The average and median are within 0% of each other.
100% of land sold below asking in London South in February 2025, with an average sale-to-list ratio of 96.7%. The average sale-to-list ratio was 96.7%.
Land in London South took an average of 85 days to sell in February 2025, which is typical for land — land takes longer than homes. Land transactions typically involve zoning checks, environmental assessments, surveys, and financing — which extend the timeline compared to home sales.
In February 2025, land in London South sold between $562,000 and $670,000. This includes lots, acreage, and agricultural parcels. The average sold price was $616,000 and the median was $616,000.
The average land sale price in London South in February 2025 was $616,000, which is $48,178 above the Ontario average of $567,822. The Ontario average for the same period was $567,822.
Data note: Based on MLS® land sale transaction data for London South, Ontario. Not official TRREB or CREA data. For general research only.