Residential sales activity in London and St. Thomas rose in the third quarter of 2025 compared to the third quarter of 2024.
Residential property sales numbered 1,870 units in the third quarter of 2025, accelerating 10.5% compared to the same quarter in 2024.
Sales rose 13.5% for single detached homes, were down 16.3% for townhouse and row units, and were up 19.8% for apartment units compared to a year earlier in the third quarter.
| Summary - Sales by Housing Type | |||
|---|---|---|---|
| Category | Q3-2025 | Q3-2024 | Year-over-year % change |
| Single Detached | 1,393 | 1,227 | 13.5 |
| Townhouse/row | 200 | 239 | -16.3 |
| Apartment | 121 | 101 | 19.8 |
| Summary – Median Price by Housing Type | |||
|---|---|---|---|
| Category | Q3-2025 | Q3-2024 | Year-over-year % change |
| Single Detached | $640,000 | $650,000 | -1.5 |
| Townhouse/row | $520,500 | $500,000 | 4.1 |
| Apartment | $330,000 | $335,000 | -1.5 |
