Chatham-Kent vs London
Side-by-side real estate market comparison, Ontario, Canada
| Metric | Chatham-Kent | London |
|---|---|---|
| Active Listings | 98 | 2,112 |
| Sold (12 mo) | 116 | 4,586 |
| Median Price | $400K | $570K |
| Average Price | $482K | $619K |
| Avg Days on Market | 37 days | 38 days |
| SP/LP Ratio | 95% | 97% |
| Months of Inventory | 9.8 | 4.1 |
| Above Asking % | 10% | 14% |
| Below Asking % | 74% | 80% |
Frequently Asked Questions
Is Chatham-Kent or London more affordable?
The median home price in Chatham-Kent is $400K compared to $570K in London. Chatham-Kent is currently the more affordable market.
Which city has faster home sales, Chatham-Kent or London?
Homes in Chatham-Kent sell in an average of 37 days compared to 38 days in London. Chatham-Kent has a faster-moving market.
Is Chatham-Kent or London a buyer's market?
Chatham-Kent has 9.8 months of inventory and London has 4.1. A market with over 6 months of inventory generally favours buyers.