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

We serve and represent over 2,300 REALTORS® from London, St. Thomas, Strathroy, Middlesex County, & Elgin County.


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June 2025 LSTAR Statistics

745
Homes Sold
1,814
New Listings
4.4
Months of Inventory
41.1
Sales-to-New Listings Ratio
$650,501
Average Sale Price
$580,700
MLS® HPI Benchmark Price

Latest News

June Housing Market Shows Signs of Stability

Despite ongoing uncertainty with U.S. tariffs and the global geopolitical climate, the local housing market continued its steady streak in June, with 745 homes exchanging hands via LSTAR's MLS® System. Housing supply showed signs of stabilization, with almost four and a half months of inventory last month, unchanged from the inventory recorded in May.

July 3, 2025

London & St. Thomas Real Estate Market Shows Resilience Amid Economic Challenges

LSTAR's May 2025 residential market report reflects a market in transition amid broader economic pressures, including the ongoing impact of US tariffs. In May, 722 homes were sold—a 15.4% decline from May 2024. Meanwhile, new listings rose 15.3% to 1,999, and active listings climbed 26.5% to 3,253, offering buyers a wider selection of properties.

June 3, 2025

Active Listings and Stable Prices Offer Hope for Buyers Amid Economic Uncertainty

In April 2025, LSTAR reported 653 sales, a 14.3% decrease compared to April 2024. New listings totaled 1,523, reflecting a 10.1% decline year-over-year, while active listings increased by 19.6% to 2,891. The average price of homes was $654,147, a slight 0.5% decrease, from April 2024.

May 5, 2025

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