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August 2025 · London South
London South Sold Home Prices for August 2025
201 residential properties closed in London South in August 2025. Average sold price of $655,343. 79.1% of homes sold below asking — buyers have negotiating leverage.
Avg Sold Price $655,343
Median Price $590,000
Sale / List 97.1%
Over Asking 15.4%
Avg DOM 84 days
Previous Months
Total Sold
201
all residential
Avg Sold Price
$655,343
all types
Median Price
$590,000
mid-point
Sale / List
97.1%
avg ratio
Over Asking
15.4%
of all sales
Avg DOM
84
days on market
Prices by Property Type
London South · August 2025
💰 Price Summary
Average Sold $655,343
Median Sold $590,000
Avg List Price $674,870
Lowest Sale $174,900
Highest Sale $3,520,000
Sale / List Ratio 97.1%
Luxury Sold
1
Avg Luxury
$3,520,000
Luxury Share
0.5%
📊 Competition
Sold over asking 15.4%
Sold at asking 5.5%
Sold under asking 79.1%
Avg Days on Market 84 days
Fast · 050Slow · 100+
🧊 Buyers market — 79.1% sold below asking. Avg 84 days on market.
💰 Price Summary
Average Sold $478,830
Median Sold $437,500
Avg List Price $489,742
Lowest Sale $174,900
Highest Sale $1,260,000
Sale / List Ratio 97.8%
📊 Competition
Sold over asking 10.0%
Sold at asking 10.0%
Sold under asking 80.0%
Avg Days on Market 86 days
Fast · 050Slow · 100+
🧊 Buyers market — 80% sold below asking. Avg 86 days on market.
💰 Price Summary
Average Sold $720,465
Median Sold $635,000
Avg List Price $742,685
Lowest Sale $381,374
Highest Sale $3,520,000
Sale / List Ratio 97.0%
Luxury Sold
1
Avg Luxury
$3,520,000
Luxury Share
0.7%
📊 Competition
Sold over asking 17.2%
Sold at asking 4.1%
Sold under asking 78.6%
Avg Days on Market 85 days
Fast · 050Slow · 100+
🧊 Buyers market — 78.6% sold below asking. Avg 85 days on market.
💰 Price Summary
Average Sold $493,456
Median Sold $482,000
Avg List Price $504,368
Lowest Sale $315,000
Highest Sale $745,000
Sale / List Ratio 97.8%
📊 Competition
Sold over asking 12.5%
Sold at asking 6.3%
Sold under asking 81.3%
Avg Days on Market 81 days
Fast · 050Slow · 100+
🧊 Buyers market — 81.3% sold below asking. Avg 81 days on market.
💰 Price Summary
Average Sold $511,250
Median Sold $412,500
Avg List Price $549,450
Lowest Sale $360,000
Highest Sale $860,000
Sale / List Ratio 93.1%
📊 Competition
Sold over asking 0.0%
Sold at asking 0.0%
Sold under asking 100.0%
Avg Days on Market 73 days
Fast · 050Slow · 100+
🧊 Buyers market — 100% sold below asking. Avg 73 days on market.
Popular Ontario Cities · August 2025
Top Ontario cities by sales volume — avg sold price across all residential types
| City | Avg Sold | Median | Sale / List | DOM | Conditions |
|---|---|---|---|---|---|
| Toronto | $1,120,096 | $900,000 | 98.9% | 82d | 🧊 Buyers |
| Ottawa | $746,224 | $675,450 | 98.5% | 83d | 🧊 Buyers |
| Mississauga | $1,012,187 | $940,088 | 97.3% | 80d | 🧊 Buyers |
| Hamilton | $798,235 | $705,000 | 97.5% | 85d | 🧊 Buyers |
| Brampton | $931,429 | $875,000 | 98.1% | 83d | 🧊 Buyers |
| Vaughan | $1,285,170 | $1,212,500 | 97.7% | 85d | 🧊 Buyers |
| Burlington | $1,146,010 | $980,000 | 96.5% | 87d | 🧊 Buyers |
| Oakville | $1,482,687 | $1,325,000 | 96.9% | 87d | 🧊 Buyers |
Frequently Asked Questions
London South · August 2025
The average sold price across all residential types in London South was $655,343 in August 2025,
based on 201 closed transactions. The median was
$590,000.
Condos averaged $478,830, freehold averaged $720,465, and townhouses averaged $493,456.
The average London South home took 84 days to sell in August 2025.
Freehold properties averaged 85 days while condos averaged 86 days.
In August 2025, condos averaged $478,830 while freehold homes averaged $720,465 —
a gap of $241,635.
London South averaged $655,343 in August 2025. Ottawa averaged $746,224. See the full August 2025 Ontario summary →
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Data note: Based on MLS® resale transaction data held in our system for London South, Ontario. Not official TRREB or CREA data. For general research only — consult a licensed real estate professional before making decisions.
