The first 3 months of 2015 saw 13 houses in Sunningdale, a neighbourhood in North London Ontario exchange hands for an average price of $586,977, down from the average price of $618,666 in 2014! The homes in Sunningdale that did sell sold for 97% of their asking price and on average, were on the market for 53 days!
8 condos in Sunningdale sold for an average price of $335,650, down from the average price of $367,768 in 2014! The condos that did sell sold for 98% of the asking price and took on average 56 days to sell.
There is a decent inventory of houses and condos for sale in Sunningdale and though the first 3 months of 2015 saw a decline in the "Sold" prices, I see price increasing in the spring market.
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