Every day I get asked these 4 questions about the London Ontario condo market.
- “What is the London Ontario condo market doing?”
- “When is the best time to buy or sell a condo?”
- “How much should I offer?”
- “What should I list it for?”
The first step in answering any of the above 4 questions is knowing how the London condo market performed factually, not by guess work or perceptions. Most days I have a detailed list of actual sale prices, days on the market, selling price ratio to the asking price and price reductions.
You can too!
From my experience in helping educate Londoners about condos in London, these averages may not hold true for your building or complex.
Before buying a condo in London or selling a condo in London, you may want to get what I call “brutal truth factual numbers” about what prices are today and not an opinion where prices are heading or what someone received for their unit 6 months ago.
Price, condition, style and location dictates what a condo sells for and how long it will take to sell. For buyers, you will be assured of not over paying and for condo sellers, you will not leave money on the table or over price your condo because of blind optimism or false perceptions!
Works every time! Want some answers?