Encouraging Signs in the London & Area Real Estate Market
December 2025 Real Estate Market Update
As we wrapped up 2025, the local real estate market showed some encouraging momentum — especially for what’s typically a quieter time of year. December delivered stronger activity than many expected, offering useful signals for both buyers and sellers heading into 2026.
December Market Update
December Market Highlights
- 398 homes sold across London and St. Thomas in December
- Sales were slightly higher than in December 2024 and marked the strongest December since 2021
- Total 2025 sales reached 6,938 homes, down about 5% year-over-year, reflecting a more measured market overall
At Elevate, what stood out most wasn’t just the number of sales — it was how the market behaved.
A Shift in Market Balance
December saw a notable rebound in the sales-to-new-listings ratio, jumping to 71.6%, up sharply from November’s 49.5%. That level begins to edge beyond what’s typically considered a balanced market and hints at pockets of renewed seller strength.
From our perspective, this suggests:
- Buyers who were waiting on the sidelines are starting to re-engage
- Well-priced, well-presented homes continue to attract strong interest
- Momentum can shift quickly, even during winter months
Pricing Trends
Average home prices also moved month-over-month upward:
- December average price: $614,104
- Up from November, though still modestly lower than prices at the same time last year
This tells us pricing remains sensitive to location, property type, and presentation — not every segment is behaving the same way.
Inventory Remains Elevated
Inventory continues to give buyers options:
- 5.4 months of inventory in December, higher than last year
- More choice means buyers can be selective
- Sellers need strong pricing strategies and thoughtful preparation to stand out
As we often tell our clients, higher inventory doesn’t mean homes aren’t selling — it means strategy matters more than ever.
What This Means for 2026
Heading into the new year:
- Buyers may find opportunity in higher inventory and motivated sellers
- Sellers should plan early, focus on presentation, and price with precision
- Market conditions are shifting — and timing matters
At Elevate Real Estate Group, we’re watching these trends closely and helping our clients adapt with data-driven advice and local expertise.
If you’re thinking about buying, selling, or simply want to understand what your home might be worth in today’s market, we’re always happy to help you plan your next move with confidence.
Elevate Real Estate Group