Gordon4Homes - Sutton Group- Select Realty Inc.

January market snapshot for London & St. Thomas 👀📊

We saw 341 homes sold in January, down 10.3% year over year—which is very typical for this time of year. The average sale price landed at $624,550, up over $10,000 from December and only 0.6% lower than January 2025.

What’s really shaping the market right now? Inventory.
The sales-to-new-listings ratio dropped to 32.2, pointing to buyer-leaning conditions, and inventory climbed to 6.6 months—the highest level we’ve seen in the last decade. More options, more negotiating power, and more strategy required.

Bottom line: whether you’re buying or selling, this market rewards smart positioning and informed decisions. This is where good guidance really matters.

Thinking about your next move? Let’s talk 🤍