London-St. Thomas Real Estate Market Report - November 2025

London-St. Thomas (MLS® HPI) — November 2025

In November 2025, the composite benchmark price for homes in the London-St. Thomas area is $559,900, reflecting a year-over-year decrease of 7.3%. The market remains balanced, indicating stable conditions for both buyers and sellers.

Market Analysis

The London-St. Thomas real estate market is currently experiencing a balanced condition, with the composite benchmark price decreasing from $565,300 in October 2025 to $559,900 in November 2025. This decline is part of a broader trend, as the benchmark price has fallen from $604,100 in November 2024. While specific sales and inventory metrics are not available for this month, the consistent decrease in benchmark prices suggests a potential softening in demand compared to the previous year.

Property Type Analysis

In terms of property types, the benchmark price for detached homes stands at $613,300, while attached/townhouses are priced at $459,000, and apartments at $329,900. The significant price differentiation among these categories indicates varying levels of demand and buyer preferences, with detached homes typically commanding the highest prices due to their larger size and lot availability.

Regional Highlights

The London-St. Thomas region continues to show resilience despite the overall decline in benchmark prices. Factors such as local employment rates and community amenities play a crucial role in maintaining buyer interest. As the market adjusts, potential buyers may find opportunities in various property types, particularly in the townhouse and apartment segments, which are more affordable compared to detached homes.

For Buyers

Prospective buyers are encouraged to take advantage of the current balanced market conditions. With a year-over-year price decrease, buyers may find more favorable pricing and negotiating power. It is advisable to conduct thorough research and consider various property types to find the best fit for their needs.

For Sellers

Sellers should be mindful of the current market dynamics and the recent decline in benchmark prices. Pricing homes competitively and ensuring they are well-presented can attract potential buyers. It is also beneficial to stay informed about local market trends to make informed decisions regarding listing strategies.