We are one of Canada’s largest real estate associations.

We serve and represent over 2,200 REALTORS® from London, St. Thomas, Strathroy, Middlesex County, & Elgin County.


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May 2023 LSTAR Statistics

846
Homes Sold
1,397
New Listings
1.7
Months of Inventory
60.6%
Sales-to-New Listings Ratio
$682,561
Average Sale Price
$619,800
MLS® HPI Benchmark Price

Latest News

Local Housing Market Rebounds

In May 2023, 1,397 new listings came on the local market and 846 homes exchanged hands via LSTAR's MLS® System. While the number of new listings is 23.9% lower than in May 2022, the number of sales is 1.3% higher than a year ago. LSTAR's overall sales-to-new listings ratio for the entire area stood at 60.6% last month, while inventory continued to decline, dwindling from 1.8 months in April to a mere 1.7 months in May.

June 5, 2023

Growing Demand and Low Inventory Fuel Home Price Gains

In April 2023, 964 new properties came on the market and 723 homes exchanged hands via the MLS® System of LSTAR. The overall sales-to-new listings ratio for the entire London-St. Thomas area climbed from 63.5% in March to 75% in April, while the inventory plunged from 2 months in March to only 1.8 in April.

May 3, 2023

Local Housing Market Tightens

In March 2023, only 1,079 new residential listings were posted on the MLS® System of LSTAR, making last month the March with the third lowest number of new listings in the last decade. Home sales for the month stood at 685, the lowest seen by LSTAR in March since 2014, and inventory fell to only 2 months. 

April 4, 2023

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Partners


<span>London Property Management Association</span>

<span>Yazdani Aesthetics</span>

<span>Elgin County Economic Development</span>

<span>SnapHouss</span>

<span>JAAG Properties</span>

<span>HellaMaid London</span>

<span>Blinds By Design</span>

<span>Stephen Green Mortgages</span>

<span>AMJ Campbell</span>

<span>O'Brien Home Inspections Inc.</span>

<span>Cook Property Inspections</span>

<span>Tidy My Space</span>

<span>Vantage Property Management</span>

<span>Start.ca</span>

<span>Robertson Hall Insurance</span>

<span>Real Estate Lawyers.ca LLP</span>

<span>MPAC Propertyline</span>

<span>Louise's Home Staging</span>

<span>Libro Credit Union</span>

<span>Homes & Land</span>

<span>A First Impression by Carol</span>

<span>CVD Photography</span>

<span>1-800-GOT-JUNK</span>

<span>Melville Mortgages</span>