1164 Hobbs Dr

South V, London, N6M 0M2
FOR SALE
$849,900
1164 Hobbs Dr, London
1164 Hobbs Dr
1164 Hobbs Dr
1164 Hobbs Dr
1164 Hobbs Dr
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3
BEDROOMS
3
BATHROOMS
1
KITCHENS
9
ROOMS
X8286664
MLSID
Contact Us
Property Description
Welcome to Jackson Meadows, a vibrant new development conveniently situated near Highway 401 and surrounded by a thriving urban community brimming with culture, schools, and amenities. The showcased model, "The Casa," is a true standout, boasting a striking stucco exterior complemented by expansive windows that flood the interiors with natural light. Step inside to explore a main floor that effortlessly blends style with practicality, featuring a distinct dining area, a well-appointed corner kitchen, and a spacious living space ideal for entertaining or unwinding in comfort. Upstairs, discover a thoughtfully designed layout comprising three ample bedrooms and two full bathrooms, offering plenty of space for a growing family. With its proximity to major amenities and highways 401 & 402, don't miss out on the opportunity to secure a home in this exceptional location! Models are available for viewing in nearby subdivisions simply inquire about our sales package for more details!
Property Features
Hospital
Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Acreage
< .50
Fronting
West
Basement
Full
Exterior
Stucco/Plaster
Heat Type
Forced Air
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
1
Driveway
Private
Garage Type
Attached
London Market Statistics
London Price Trend
1164 Hobbs Dr is a 3-bedroom 3-bathroom home listed for sale at $849,900, which is $209,065 (32.6%) higher than the average sold price of $640,835 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 3 bedroom home in London declined by $20,481 (3.1%) compared to the previous 30 day period (March 15 - April 13) and up $14,483 (2.3%) from the same time one year ago.
Inventory Change
There were 227 3-bedroom homes listed in London over the last 30 days (April 14 - May 13), which is up 194.8% compared with the previous 30 day period (March 15 - April 13) and up 530.6% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in London typically sold ($7,819) (1.2%) below asking price over the last 30 days (April 14 - May 13), which represents a $2,753 decrease compared to the previous 30 day period (March 15 - April 13) and ($15,232) more than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in London over the last 30 days (April 14 - May 13) stood at 222.0%, down from 254.5% over the previous 30 days (March 15 - April 13) and up from 94.4% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in London stood at 19 days when successfully sold over the last 30 days (April 14 - May 13), compared to 54 days before being removed from the market upon being suspended or terminated.
Listing contracted with Nu-Vista Premiere Realty Inc., Brokerage
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