November 2022 London Regional Stats

Inventory, Average Sale to List Price, and Median days on market all stayed quite consistant month over month, while prices saw another small month over month dip, with the Home Price Index dropping approximately $9k for the region.

December can be an interesting time in the market. Often, buyers and sellers put things on hold until the new year but some sellers decide to try to take advantage of the reduced inventory, while others have to keep marketing their home due to personal circumstances. Buyers can sometimes find a deal, if they offer on a home with a motivated seller in the month of December, but options will be limited. 

If you have questions about the market, let's chat!