Real Estate Sales
The Vision London Official Plan Amendment, or OPA 88 as it is commonly referred to, identifies an Urban Growth Area for the City of London covering a portion of lands annexed to the City on January 1, 1993.
Vacant lands in the resulting Urban Growth Area have been designated as either:
- Urban Reserve-Community Growth, indicating the intent for primarily residential development; or,
- Urban Reserve - Industrial Growth, indicating the intent for primarily industrial development.
OPA 88 divides the Urban Growth Area into a number of Community Planning Areas (also known as "Area Plans") to help conduct more detailed studies leading to the preparation of Area Plans. An Area Plan provides a basis for designating more specific land uses to replace the Urban Reserve designation while providing direction for zoning, subdivision planning, servicing and community facility planning.
Units/Value Sold to Date, Year over Year Comparison, April, 2007
| 2007 |
2006 |
|||
|---|---|---|---|---|
| Type |
Units |
Value |
Units |
Value |
Detached |
2,398 |
$514,294,112 |
2,254 |
$446,123,486 |
Condo |
603 |
$86,791,932 |
607 |
$82,410,655 |
Other |
232 |
$60,502,779 |
250 |
$60,502,779 |
| Total |
3,233 |
$661,133,994 |
3,111 |
$589,036,920 |
Number of Listings to Date, Year over Year Comparison, April
| Type |
2007 |
2006 |
|---|---|---|
Detached |
4,286 |
4,091 |
Condo |
1,015 |
968 |
Other |
1,069 |
1,112 |
| Total |
6,370 |
6,171 |
Real Estate Sales by Units
| Year | Detached |
Condo |
Other |
Total |
Change |
|---|---|---|---|---|---|
| 2005 | 6,999 |
1,860 |
692 |
9,551 |
-0.8% |
| 2004 | 7,081 |
1,822 |
733 |
9,636 |
9.7% |
| 2003 | 6,486 |
1,634 |
663 |
8,783 |
1.0% |
| 2002 | 6,517 |
1,580 |
596 |
8,693 |
11.2% |
| 2001 | 6,063 |
1,244 |
509 |
7,816 |
12.5% |
| 2000 | 6,505 |
444 |
6,949 |
-3.6% |
|
| 1999 | 6,720 |
495 |
7,215 |
3.9% |
|
| 1998 | 6,416 |
529 |
6,945 |
1.2% |
|
| 1997 | 6,269 |
595 |
6,864 |
-5.6% |
|
| 1996 | 6,770 |
504 |
7,274 |
25.8% |
Real Estate Sales by Value ($000's)
| Year | Detached |
Condo |
Other |
Total |
Change |
|---|---|---|---|---|---|
| 2005 | 1,341,499 |
235,912 |
153,316 |
1,730,728 |
5.4% |
| 2004 | 1,263,157 |
218,882 |
158,865 |
1,640,903 |
19.9% |
| 2003 | 1,056,831 |
182,167 |
129,440 |
1,368,440 |
9.6% |
| 2002 | 988,658 |
161,976 |
97,708 |
1,248,966 |
15.0% |
| 2001 | 877,966 |
120,430 |
86,580 |
1,084,976 |
13.1% |
| 2000 | 875,533 |
84,165 |
959,698 |
-0.6% |
|
| 1999 | 886,363 |
78,749 |
965,112 |
2.3% |
|
| 1998 | 832,196 |
111,640 |
943,837 |
3.2% |
|
| 1997 | 818,318 |
96,525 |
914,844 |
-4.7% |
|
| 1996 | 861,557 |
98,585 |
960,142 |
26.5% |
Source: London St.Thomas Real Estate Board, Ending December 2005
More Real Estate (MLS) Information (PDFs)
Related Links
City of London Planning Division
London Home Builders' Association
London & St. Thomas Real Estate Board
Industrial Real Estate Inventory
