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May 2025 · London East
London East Sold Home Prices for May 2025
114 residential properties closed in London East in May 2025. Average sold price of $535,343. 74.6% of homes sold below asking — buyers have negotiating leverage.
Avg Sold Price $535,343
Median Price $511,000
Sale / List 97.9%
Over Asking 21.1%
Avg DOM 77 days
Total Sold
114
all residential
Avg Sold Price
$535,343
all types
Median Price
$511,000
mid-point
Sale / List
97.9%
avg ratio
Over Asking
21.1%
of all sales
Avg DOM
77
days on market
Prices by Property Type
London East · May 2025
💰 Price Summary
Average Sold $535,343
Median Sold $511,000
Avg List Price $546,729
Lowest Sale $122,500
Highest Sale $1,475,000
Sale / List Ratio 97.9%
📊 Competition
Sold over asking 21.1%
Sold at asking 4.4%
Sold under asking 74.6%
Avg Days on Market 77 days
Fast · 050Slow · 100+
🧊 Buyers market — 74.6% sold below asking. Avg 77 days on market.
💰 Price Summary
Average Sold $417,487
Median Sold $399,950
Avg List Price $428,892
Lowest Sale $170,000
Highest Sale $950,000
Sale / List Ratio 97.3%
📊 Competition
Sold over asking 7.7%
Sold at asking 3.8%
Sold under asking 88.5%
Avg Days on Market 91 days
Fast · 050Slow · 100+
🧊 Buyers market — 88.5% sold below asking. Avg 91 days on market.
💰 Price Summary
Average Sold $573,916
Median Sold $530,119
Avg List Price $584,119
Lowest Sale $315,000
Highest Sale $1,475,000
Sale / List Ratio 98.3%
📊 Competition
Sold over asking 25.0%
Sold at asking 3.6%
Sold under asking 71.4%
Avg Days on Market 74 days
Fast · 050Slow · 100+
🧊 Buyers market — 71.4% sold below asking. Avg 74 days on market.
💰 Price Summary
Average Sold $402,100
Median Sold $399,900
Avg List Price $412,066
Lowest Sale $345,000
Highest Sale $493,000
Sale / List Ratio 97.6%
📊 Competition
Sold over asking 0.0%
Sold at asking 11.1%
Sold under asking 88.9%
Avg Days on Market 87 days
Fast · 050Slow · 100+
🧊 Buyers market — 88.9% sold below asking. Avg 87 days on market.
💰 Price Summary
Average Sold $834,000
Median Sold $834,000
Avg List Price $899,948
Lowest Sale $518,000
Highest Sale $1,150,000
Sale / List Ratio 92.7%
📊 Competition
Sold over asking 50.0%
Sold at asking 0.0%
Sold under asking 50.0%
Avg Days on Market 69 days
Fast · 050Slow · 100+
🔥 Sellers market — 50% sold above asking at a 92.67% sale-to-list ratio.
Popular Ontario Cities · May 2025
Top Ontario cities by sales volume — avg sold price across all residential types
| City | Avg Sold | Median | Sale / List | DOM | Conditions |
|---|---|---|---|---|---|
| Toronto | $1,134,079 | $899,500 | 99.9% | 78d | 🧊 Buyers |
| Ottawa | $703,572 | $649,950 | 98.4% | 85d | 🧊 Buyers |
| Hamilton | $810,338 | $740,000 | 97.8% | 88d | 🧊 Buyers |
| Mississauga | $971,362 | $885,000 | 98.0% | 82d | 🧊 Buyers |
| Brampton | $941,616 | $890,000 | 98.8% | 81d | 🧊 Buyers |
| Vaughan | $1,254,515 | $1,179,000 | 97.9% | 80d | 🧊 Buyers |
| Markham | $1,194,079 | $1,197,500 | 101.4% | 78d | 🧊 Buyers |
| Oakville | $1,458,214 | $1,203,990 | 97.2% | 96d | 🧊 Buyers |
Frequently Asked Questions
London East · May 2025
The average sold price across all residential types in London East was $535,343 in May 2025,
based on 114 closed transactions. The median was
$511,000.
Condos averaged $417,487, freehold averaged $573,916, and townhouses averaged $402,100.
The average London East home took 77 days to sell in May 2025.
Freehold properties averaged 74 days while condos averaged 91 days.
In May 2025, condos averaged $417,487 while freehold homes averaged $573,916 —
a gap of $156,429.
London East averaged $535,343 in May 2025. Ottawa averaged $703,572. See the full May 2025 Ontario summary →
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Data note: Based on MLS® resale transaction data held in our system for London East, Ontario. Not official TRREB or CREA data. For general research only — consult a licensed real estate professional before making decisions.
