House Sales in Byron Hopping So Far This Year

61 houses have sold in Byron so far this year and April is looking to be an even busier month! With Byron being a very desirable neighbourhood in London because of its amenities such as schools, parks, shopping, nature and wide range of home designs, once you live in Byron, very few want to move!

There were 10 sales in January, 22 in February & 29 in March! The average house sold for $336,277 which was 99% of the asking price and on average, a Byron house priced correctly and with good curb appeal took 11 days to sell!

As of April 2, 2010 houses start as low as $219,000 for a house in the older part of Byron and on a average of $329,000 to $379,000 you can find some great homes.

Now is a critical time to prepare your home for sale be it in Byron or other neighbourhoods in London, and not only preparing the condition of your home, but the strategy and marketing of your home.I have had 3 buyers who were disappointed when they missed out on some Byron homes that sold before they could make arrangements to purchase. Being prepared is key and basing your buying on facts and not opinions will save you and your family a lot of time and money!

Of course, for those facts or you need your hand held, I'm here for you!

Ty Lacroix Broker of Record & Owner

          

'NOT ALL REALTORS* ARE THE SAME', One call or email to me and you will know why!

Your London and S/W Ontario source for results!

519-435-1600   www.enveloperealestate.com

0 comments • Ty Lacroix • April 02 2010 09:03AM

Byron Houses & Condos London Market is Hot!

The real estate market in London Ontario and Byronin particular has been very active since January (10 sales) and in February we saw 21 houses sell for 99% of the asking price of $373,869 and on average it took 39 days for a house to sell.

4 condos in Byron sold in an average 45 days and again at 99% of the asking price of $234,644.

Byron is proving as usual to be a popular and desirable neighbourhood with its amenities, schools, safety and proximity to all that London has to offer.

Feel free to contact me for up to date Byron real estate information and some secrets on how to save money on your next transaction.

Ty Lacroix Broker of Record & Owner

          

'NOT ALL REALTORS* ARE THE SAME', One call or email to me and you will know why!

Your London and S/W Ontario source for results!

519-435-1600   www.enveloperealestate.com

2 comments • Ty Lacroix • March 01 2010 02:21PM

What Byron Homes & Condos Sold for in January 2010

January was a pretty busy month for the Byron area with 10 houses selling with an average asking price of $373,869 and selling for 99% of that which was $371,750. The average days on the market was 69 days, however, that number gets skewed by new homes which were put on the market.

At present there are 26 houses on the market and 11 of those are brand new.

5 condos in Byron sold for $230,200 which was 98% of the asking price of $234,020 and the average time these took to sell were 56 days and of this writing, 5 are available for sale with one condo having a conditional offer!

What does all this mean. If you are thinking of selling your home in the next 2-4 months, now may be the time to speak with someone who knows Byron as there is a lack of good quality homes for sale.

For buyers and you wish to live in Byron, a good representative will make sure you know of properties that come on the market and you should be prepared to act quickly, but not foolishly. Do your homework and be ready!

Ty Lacroix Broker of Record & Owner

          

'NOT ALL REALTORS* ARE THE SAME', One call or email to me and you will know why!

Your London and S/W Ontario source for results!

519-435-1600   www.enveloperealestate.com

0 comments • Ty Lacroix • February 01 2010 01:58PM

Byron Houses & Condos London 2009 & What to Expect in 2010

What was the real estate market for houses and condos like in Byron a neighbourhood in south west London in 2009 and what to expect for 2010?    Houses in Byron 

       From January 01, 2009 to December 31, 2009, 243 houses in Byron exchanged hands and it took an average of 47 days for houses to sell. The majority were 2 storey houses.

      The average asking price was $304,536 and those that sold, did so for 98% of asking which was $299,207.

    Condos in Byron: 

In the same time period, 62 condos sold with the average asking price of $214,952 and the actual selling price average was $209,879 which is 98%.

       Averages are a good starting point to understand the swings in price; but you must compare apples with apples and not oranges. Byron is graced with homes that are 30+ years old with new homes starting in price in the $350s . For an in depth report, give Ty a call.

                                     What Does This All Mean? For Sellers: Byron in London is quite stable with a lot of new construction still occurring.

            Economists are predicting real estate in the London region may increase 8-9% in 2010 and interest rates to increase as high as 6%. Byron  will be a neighbourhood that may see these price increases because of the amenities and the inventory of homes for sale.

     I cannot predict the future; however; in any market, clean, quality homes that are priced well sell quickly. Those who are testing the market or not facing reality as to the real value of their home, languish on the market, take longer to sell and for far less than the correct price which the home should have been marketed for in the first place.

      Why do some homes sell in 7-10 days and others 55-75 days? It is what I call the 3 P's of real estate. Price, Product and Promotion.

       If you want results and straight talk, calling a professional REALTOR® like me for the real facts will ensure your real estate experience is a successful one.

                                    What Does This All Mean?  For Buyers:

 Quality houses and condos in Byron will be more in demand as more people learn about the amenities and lifestyle.

      Call me today for my Exclusive Envelope Real Estate Home Buyer Kit that will help your real estate experience be successful and enlightening!  

For a current list of houses and condos for sale and a list of schools and other conveniences, feel free to contact me.

Ty Lacroix Broker of Record & Owner

          

'NOT ALL REALTORS* ARE THE SAME', One call or email to me and you will know why!

Your London and S/W Ontario source for results!

519-435-1600   www.enveloperealestate.com

0 comments • Ty Lacroix • January 06 2010 12:18PM

What about Condos for Sale in Byron? A Quaint Neighbourhood in London Ontario

What about Condos for Sale in Byron? A Quaint Neighbourhood in London Ontario

Have you been thinking of moving to Byron, a family neigbourhood in south London that offers a lifestyle away from the hustle and bustle, yet minutes to downtown London?

A London neighbourhood that has Springbank Park and the Thames River, Boler Mountain (a ski and mountain bike area known to the locals as "the bump"), every kind of church you can think of,(if you don't go to church, I won't tell), a library, a fire hall, a legion, a Masonic hall and more.

Some great shopping, bistros and dining, professional offices, medical, drugstores, an LCBO (known to the locals as the "personality changer"), jewelers, drycleaners and more.

Easy access to the 401, 403, Lake Huron or Lake Erie, some great public and private golf courses, health clubs, walking trails, fishing and more.

The condos in Byron start from $149,000 which would be a townhouse style. Depending on your budget, you have a choice of high rise condos, attached or detached condos, one floor bungalows and more.

If you would like an up to date inventory of condos in Byron for sale just let me know. If you are thinking of selling your Byron condo, my Excusive Home Audit will detail the things you need to do to prepare your condo for sale and a true market analysis of what you can expect for your condo.

Why not take a drive out to Byron and experience a lifestyle that most only dream about!

Ty Lacroix Broker of Record & Owner

          

'NOT ALL REALTORS* ARE THE SAME', One call or email to me and you will know why!

Your London and S/W Ontario source for results!

519-435-1600   www.enveloperealestate.com

2 comments • Ty Lacroix • November 28 2009 11:00AM