Stoney Creek real estate activity was strong in 2011, with 110 houses being sold at an average price of $271,910 which was 98% of the asking price of $277,620 and these houses took 43 days to sell!
47 condos sold, $175,340 was the average selling price and were on the market an average 47 days.
One thing to keep in mind about Stoney Creek is that some of Stoney Creek homes have been around for 20+ years and these averages are not indicative of the newer neighbourhood such as Milestone Road etc.
Stoney Creek as with the rest of real estate in London Ontario, is stable, as we do not experience the peaks and valleys of other Canadian cities and we have most of the amenities to suit as well.
As a real estate professional, knowing London, the schools, churches, shopping and recreational facilities are just part of helping both buyers and sellers make good decisions when it comes to real estate.
I can prove it!
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