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May 2025 · London South
London South Sold Home Prices for May 2025
161 residential properties closed in London South in May 2025. Average sold price of $607,797. 68.3% of homes sold below asking — buyers have negotiating leverage.
Avg Sold Price $607,797
Median Price $587,400
Sale / List 98.5%
Over Asking 22.4%
Avg DOM 93 days
Total Sold
161
all residential
Avg Sold Price
$607,797
all types
Median Price
$587,400
mid-point
Sale / List
98.5%
avg ratio
Over Asking
22.4%
of all sales
Avg DOM
93
days on market
Prices by Property Type
London South · May 2025
💰 Price Summary
Average Sold $607,797
Median Sold $587,400
Avg List Price $617,072
Lowest Sale $260,000
Highest Sale $1,655,000
Sale / List Ratio 98.5%
📊 Competition
Sold over asking 22.4%
Sold at asking 9.3%
Sold under asking 68.3%
Avg Days on Market 93 days
Fast · 050Slow · 100+
🧊 Buyers market — 68.3% sold below asking. Avg 93 days on market.
💰 Price Summary
Average Sold $436,281
Median Sold $397,500
Avg List Price $443,825
Lowest Sale $260,000
Highest Sale $760,000
Sale / List Ratio 98.3%
📊 Competition
Sold over asking 16.7%
Sold at asking 6.7%
Sold under asking 76.7%
Avg Days on Market 87 days
Fast · 050Slow · 100+
🧊 Buyers market — 76.7% sold below asking. Avg 87 days on market.
💰 Price Summary
Average Sold $714,155
Median Sold $685,000
Avg List Price $725,363
Lowest Sale $295,000
Highest Sale $1,655,000
Sale / List Ratio 98.5%
📊 Competition
Sold over asking 25.8%
Sold at asking 10.3%
Sold under asking 63.9%
Avg Days on Market 97 days
Fast · 050Slow · 100+
🧊 Buyers market — 63.9% sold below asking. Avg 97 days on market.
💰 Price Summary
Average Sold $477,068
Median Sold $424,000
Avg List Price $483,069
Lowest Sale $310,000
Highest Sale $760,000
Sale / List Ratio 98.8%
📊 Competition
Sold over asking 23.8%
Sold at asking 2.4%
Sold under asking 73.8%
Avg Days on Market 88 days
Fast · 050Slow · 100+
🧊 Buyers market — 73.8% sold below asking. Avg 88 days on market.
💰 Price Summary
Average Sold $582,500
Median Sold $582,500
Avg List Price $599,900
Lowest Sale $582,500
Highest Sale $582,500
Sale / List Ratio 97.1%
📊 Competition
Sold over asking 0.0%
Sold at asking 0.0%
Sold under asking 100.0%
Avg Days on Market 71 days
Fast · 050Slow · 100+
🧊 Buyers market — 100% sold below asking. Avg 71 days on market.
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 South · May 2025
The average sold price across all residential types in London South was $607,797 in May 2025,
based on 161 closed transactions. The median was
$587,400.
Condos averaged $436,281, freehold averaged $714,155, and townhouses averaged $477,068.
The average London South home took 93 days to sell in May 2025.
Freehold properties averaged 97 days while condos averaged 87 days.
In May 2025, condos averaged $436,281 while freehold homes averaged $714,155 —
a gap of $277,874.
London South averaged $607,797 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 South, Ontario. Not official TRREB or CREA data. For general research only — consult a licensed real estate professional before making decisions.
