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May 2026 · London South
London South Sold Home Prices for May 2026
216 residential properties closed in London South in May 2026. Average sold price of $680,885. 71.8% of homes sold below asking — buyers have negotiating leverage.
Avg Sold Price $680,885
Median Price $602,500
Sale / List 98.2%
Over Asking 20.8%
Avg DOM 34 days
Previous Months
Total Sold
216
all residential
Avg Sold Price
$680,885
all types
Median Price
$602,500
mid-point
Sale / List
98.2%
avg ratio
Over Asking
20.8%
of all sales
Avg DOM
34
days on market
Prices by Property Type
London South · May 2026
💰 Price Summary
Average Sold $680,885
Median Sold $602,500
Avg List Price $693,735
Lowest Sale $157,500
Highest Sale $2,300,000
Sale / List Ratio 98.2%
📊 Competition
Sold over asking 20.8%
Sold at asking 7.4%
Sold under asking 71.8%
Avg Days on Market 34 days
Fast · 050Slow · 100+
🧊 Buyers market — 71.8% sold below asking. Avg 34 days on market.
💰 Price Summary
Average Sold $435,179
Median Sold $412,500
Avg List Price $444,574
Lowest Sale $210,000
Highest Sale $848,000
Sale / List Ratio 97.9%
📊 Competition
Sold over asking 12.5%
Sold at asking 6.3%
Sold under asking 81.3%
Avg Days on Market 50 days
Fast · 050Slow · 100+
🧊 Buyers market — 81.3% sold below asking. Avg 50 days on market.
💰 Price Summary
Average Sold $759,968
Median Sold $690,450
Avg List Price $770,781
Lowest Sale $275,000
Highest Sale $2,300,000
Sale / List Ratio 98.6%
📊 Competition
Sold over asking 24.7%
Sold at asking 5.7%
Sold under asking 69.6%
Avg Days on Market 28 days
Fast · 050Slow · 100+
🧊 Buyers market — 69.6% sold below asking. Avg 28 days on market.
💰 Price Summary
Average Sold $474,144
Median Sold $428,750
Avg List Price $484,618
Lowest Sale $294,000
Highest Sale $710,000
Sale / List Ratio 97.8%
📊 Competition
Sold over asking 8.3%
Sold at asking 19.4%
Sold under asking 72.2%
Avg Days on Market 42 days
Fast · 050Slow · 100+
🧊 Buyers market — 72.2% sold below asking. Avg 42 days on market.
💰 Price Summary
Average Sold $681,800
Median Sold $660,000
Avg List Price $801,560
Lowest Sale $575,000
Highest Sale $865,000
Sale / List Ratio 85.1%
📊 Competition
Sold over asking 0.0%
Sold at asking 0.0%
Sold under asking 100.0%
Avg Days on Market 35 days
Fast · 050Slow · 100+
🧊 Buyers market — 100% sold below asking. Avg 35 days on market.
Popular Ontario Cities · May 2026
Top Ontario cities by sales volume — avg sold price across all residential types
| City | Avg Sold | Median | Sale / List | DOM | Conditions |
|---|---|---|---|---|---|
| Toronto | $1,112,619 | $889,000 | 99.3% | 26d | 🧊 Buyers |
| Ottawa | $740,703 | $670,000 | 98.9% | 29d | 🧊 Buyers |
| Mississauga | $987,586 | $905,000 | 96.9% | 29d | 🧊 Buyers |
| Hamilton | $762,566 | $701,250 | 97.4% | 32d | 🧊 Buyers |
| Brampton | $885,547 | $830,000 | 97.9% | 27d | 🧊 Buyers |
| Vaughan | $1,193,876 | $1,086,500 | 98.0% | 27d | 🧊 Buyers |
| Markham | $1,184,685 | $1,135,000 | 99.3% | 27d | 🧊 Buyers |
| Oakville | $1,579,690 | $1,402,563 | 95.9% | 32d | 🧊 Buyers |
Frequently Asked Questions
London South · May 2026
The average sold price across all residential types in London South was $680,885 in May 2026,
based on 216 closed transactions. The median was
$602,500.
Condos averaged $435,179, freehold averaged $759,968, and townhouses averaged $474,144.
The average London South home took 34 days to sell in May 2026.
Freehold properties averaged 28 days while condos averaged 50 days.
In May 2026, condos averaged $435,179 while freehold homes averaged $759,968 —
a gap of $324,789.
London South averaged $680,885 in May 2026. Ottawa averaged $740,703. See the full May 2026 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.
