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July 2025 · London South
London South Sold Home Prices for July 2025
229 residential properties closed in London South in July 2025. Average sold price of $680,062. 70.7% of homes sold below asking — buyers have negotiating leverage.
Avg Sold Price $680,062
Median Price $625,500
Sale / List 98.1%
Over Asking 21%
Avg DOM 81 days
Previous Months
Total Sold
229
all residential
Avg Sold Price
$680,062
all types
Median Price
$625,500
mid-point
Sale / List
98.1%
avg ratio
Over Asking
21%
of all sales
Avg DOM
81
days on market
Prices by Property Type
London South · July 2025
💰 Price Summary
Average Sold $680,062
Median Sold $625,500
Avg List Price $693,275
Lowest Sale $229,900
Highest Sale $1,775,000
Sale / List Ratio 98.1%
📊 Competition
Sold over asking 21.0%
Sold at asking 8.3%
Sold under asking 70.7%
Avg Days on Market 81 days
Fast · 050Slow · 100+
🧊 Buyers market — 70.7% sold below asking. Avg 81 days on market.
💰 Price Summary
Average Sold $443,971
Median Sold $416,000
Avg List Price $453,479
Lowest Sale $229,900
Highest Sale $850,000
Sale / List Ratio 97.9%
📊 Competition
Sold over asking 21.4%
Sold at asking 4.8%
Sold under asking 73.8%
Avg Days on Market 78 days
Fast · 050Slow · 100+
🧊 Buyers market — 73.8% sold below asking. Avg 78 days on market.
💰 Price Summary
Average Sold $732,551
Median Sold $680,000
Avg List Price $745,814
Lowest Sale $302,994
Highest Sale $1,775,000
Sale / List Ratio 98.2%
📊 Competition
Sold over asking 21.8%
Sold at asking 9.2%
Sold under asking 69.0%
Avg Days on Market 79 days
Fast · 050Slow · 100+
🧊 Buyers market — 69% sold below asking. Avg 79 days on market.
💰 Price Summary
Average Sold $504,042
Median Sold $454,000
Avg List Price $515,880
Lowest Sale $335,000
Highest Sale $850,000
Sale / List Ratio 97.7%
📊 Competition
Sold over asking 18.2%
Sold at asking 6.1%
Sold under asking 75.8%
Avg Days on Market 88 days
Fast · 050Slow · 100+
🧊 Buyers market — 75.8% sold below asking. Avg 88 days on market.
💰 Price Summary
Average Sold $825,700
Median Sold $750,000
Avg List Price $861,329
Lowest Sale $615,000
Highest Sale $1,230,000
Sale / List Ratio 95.9%
📊 Competition
Sold over asking 0.0%
Sold at asking 0.0%
Sold under asking 100.0%
Avg Days on Market 105 days
Fast · 050Slow · 100+
🧊 Buyers market — 100% sold below asking. Avg 105 days on market.
Popular Ontario Cities · July 2025
Top Ontario cities by sales volume — avg sold price across all residential types
| City | Avg Sold | Median | Sale / List | DOM | Conditions |
|---|---|---|---|---|---|
| Toronto | $1,119,748 | $901,900 | 99.4% | 80d | 🧊 Buyers |
| Ottawa | $737,968 | $679,500 | 98.6% | 83d | 🧊 Buyers |
| Mississauga | $1,065,530 | $964,000 | 97.1% | 83d | 🧊 Buyers |
| Hamilton | $813,676 | $725,100 | 97.4% | 87d | 🧊 Buyers |
| Brampton | $952,190 | $890,000 | 97.9% | 82d | 🧊 Buyers |
| Vaughan | $1,253,573 | $1,230,000 | 98.0% | 85d | 🧊 Buyers |
| Oakville | $1,522,598 | $1,279,000 | 96.4% | 87d | 🧊 Buyers |
| Markham | $1,249,584 | $1,237,000 | 99.3% | 82d | 🧊 Buyers |
Frequently Asked Questions
London South · July 2025
The average sold price across all residential types in London South was $680,062 in July 2025,
based on 229 closed transactions. The median was
$625,500.
Condos averaged $443,971, freehold averaged $732,551, and townhouses averaged $504,042.
The average London South home took 81 days to sell in July 2025.
Freehold properties averaged 79 days while condos averaged 78 days.
In July 2025, condos averaged $443,971 while freehold homes averaged $732,551 —
a gap of $288,580.
London South averaged $680,062 in July 2025. Ottawa averaged $737,968. See the full July 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.
