London-St. Thomas Real Estate Market Report - June 2026

London-St. Thomas (MLS® HPI) — June 2026

In June 2026, the London-St. Thomas real estate market shows a composite benchmark price of $561,100, reflecting a 3.5% decrease from June 2025. The market is currently balanced, indicating stable conditions for both buyers and sellers.

Market Analysis

The London-St. Thomas market is experiencing a balanced condition, which suggests that supply and demand are relatively equal. The composite benchmark price has decreased from $570,000 in May 2026 to $561,100 in June 2026, indicating a continued softening in prices year-over-year. This decline from $581,700 in June 2025 to the current benchmark highlights a trend of decreasing property values, which may be attributed to various economic factors impacting buyer sentiment and purchasing power.

Property Type Analysis

When examining property types, the benchmark price for detached homes stands at $613,800, while attached/townhouses and apartments are priced at $432,900 and $324,100, respectively. The price variations among these categories suggest that detached homes continue to hold a premium, reflecting their desirability in the current market, despite the overall price decline.

Regional Highlights

The London-St. Thomas region continues to showcase diverse housing options, appealing to a wide range of buyers. While specific sales and listing data are currently unavailable, the balanced market condition suggests that buyers have a variety of choices, which may lead to more competitive pricing strategies among sellers.

For Buyers

Prospective buyers are encouraged to take advantage of the current balanced market conditions. With a decrease in benchmark prices, now may be an opportune time to enter the market, particularly for those looking at detached homes, which remain the most expensive category.

For Sellers

Sellers should be mindful of the declining benchmark prices and consider pricing their homes competitively to attract potential buyers. Highlighting unique features and maintaining property condition will be crucial in standing out in a balanced market.