Market Updates

May 13, 2024

London Home Prices Move Higher

Chris Bramwell Market Report April 2024

The London median home price continued to rise. April median prices increased $25,500 from last month and have risen $40,000.00 since the beginning of 2024. Home prices continued their movement upward even though sales activity in April was only modestly higher than in March. I have noticed ...

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Posted in Market Updates
March 8, 2024

London Market Activity Surges

Chris Bramwell Market Report February 2024

The London median home price increased by $10,000.00 from last month. This departure from declines in median prices in recent months was due primarily to increased sales activity. The impact of increasing market activity is evident throughout this report. The London Market Price Comparison showed that the median ...

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Posted in Market Updates
Feb. 7, 2024

London Market Reaches a Turning Point

Chris Bramwell Market Report January 2024

The London median home price returned to its seven-month trend line in January. In June of 2023, the Median price was $628,200.00 and has declined each month with the notable exception of December when prices rose unexpectedly. The median price has declined by $53,200.00 from June ...

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Posted in Market Updates
Jan. 16, 2024

Median Home Price Rises

Chris Bramwell Market Report December 2023

The London median home price took an unexpected move upwards in December. The median price rose by $26,500.00 from the level in November. The London Market Price Comparison showed that the median price was 2.0% above the December 2022 level. The Market Area Comparison was fairly consistent ...

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Posted in Market Updates
Dec. 6, 2023

Steep Decline in Median Home Price

Chris Bramwell Market Report November 2023

The London median home price continued its downward trend in November. The median price moved lower by $23,500 from the level in October. The London Market Price Comparison showed that the median price was 1.8% below the November 2022 level. The Market Area Comparison was fairly consistent with ...

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Posted in Market Updates
Nov. 3, 2023

London Prices Continue to Decline

Chris Bramwell Market Report October 2023

The London median home price continued its slide in October. The median price moved lower by $8,250.00 from its level in September. The London Market Price Comparison showed that the median price was 1.5% above the October 2022 level. This result was due to the increase in ...

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Posted in Market Updates
Oct. 5, 2023

London Home Prices Drift Lower

Chris Bramwell Market Report September 2023

The London median home price continued to decline in September. The median price moved lower by $1,250.00 from its level in August however, the pace of the decline appears to be slowing. The Market Price Comparison shows that the median price is only +.3% above the September 2022 ...

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Posted in Market Updates
Sept. 6, 2023

Median Price Continues to Decline

Chris Bramwell Market Report August 2023

The London median home price decreased slightly in August. The median price declined by $7,000.00 from its level in July. Declines in the median price were more significant in the North (-5%) and the East (-4%) Market Area. The significant increase in the median price (+15.2%) within ...

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Posted in Market Updates
Aug. 9, 2023

London Market Stalls

Chris Bramwell Market Report July 2023

The London median home price decreased significantly in July. The median price declined by $28,200.00 from its level in June. There are signs that the increases in mortgage rates are starting to impact the market. One of the key measurements affected by escalating mortgage costs has been Sales ...

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Posted in Market Updates
July 7, 2023

Home Prices Rise Slightly

Chris Bramwell Market Report June 2023

The London median home price had a modest gain in June. The median price rose by $3,200.00 from its level in May and has increased by $80,750.00 since January 2023. The year-to-year comparable shows that the median price remains slightly below the June 2022 level. Both ...

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Posted in Market Updates