The real estate market in London has not seen the wild surge in buyer frenzy that some major cities have seen in February but sales are very brisk with both condos and houses selling on average for 99% of asking price.
The average days on market for condos were 8 days and 14 days for 2 storey houses and ranches. The average selling price for condos in Sunningdale were $280,018 and for houses in Sunningdale, $509,900.
What this shows is that London is a balanced market with honest pricing of homes. 
Obviously houses and condos that are overpriced remain on the market longer and may miss the March and April time lines.
For buyers, I suggest being armed with the latest up to date information and stats of homes you are interested in, have your ducks in a row and be prepared to take action to avoid disappointment.
Being armed with facts 
will make your decision less stressful and in the long run, avoid over paying or missing out on the right property 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
