If you own a place in Longwoods and the last number you checked was your city assessment, you are probably looking at stale data. Here is what is actually happening on the ground right now.
The two property types in our neighbourhood are telling slightly different stories this season, and it is worth knowing which one you are in.
Houses here are taking a breather. Values are dipping slightly below the 3-month moving average of $764,345, and the recent 1.66% dip is real. But here is the thing - a 5.13% rental yield is genuinely strong. If we are not selling, our houses are still working hard for us as income properties. On the neighbourhood leaderboard, houses rank 17th out of 42 in London, which puts us solidly in the above-average tier. We are not leading the pack, but we are ahead of more than half the city.
Condos are the one to watch carefully right now. The predicted value of $556,000 is sitting noticeably below the 3-month moving average of $580,301, and a 3.30% recent drop is a real signal that this segment is cooling faster than houses. On the neighbourhood leaderboard, condos rank 26th out of 39 - that puts us in the below-average zone for London condo growth. The rental yield of 3.73% is moderate, not a slam dunk. The one bright spot - our condos still price out ahead of nearby Bostwick at $502,550, so we are not at the bottom of the stack.
Here is the honest truth about city assessments - they are snapshots from the past. By the time that number lands in your mailbox, the market has already moved. The HonestDoor Price is updated in real time, pulling from actual sales data and current market signals. For a Longwoods house, that means the difference between a static government number and a live estimate sitting at $749,149 to $761,788. That gap can represent tens of thousands of dollars in how you price, negotiate, or plan your next move. Do not leave that money on the table because you trusted an outdated document.
If you are a house owner in Longwoods and summer is on your mind, the window is open but it is not wide open. Values are easing, and the trend line on that 3-month moving average is pointing slightly downward. Waiting for the market to bounce back is a gamble right now. Pricing sharp and moving with current data is the smarter play.
If you own a condo, the urgency is higher. A 3.30% drop and a below-average growth rank are not panic signals, but they are a nudge. The longer you wait, the more that moving average gap could work against your asking price. Getting a current HonestDoor Price today gives you a real-world anchor for any conversation with a buyer or agent - not a number that was calculated before this cooling trend started.
Bottom line - Longwoods is still a solid neighbourhood in the London market. Houses are holding their own on the leaderboard. But the data is moving, and the homeowners who act on current numbers will be in a better position than those who wait for the city to catch up.
longwoods | london | july 2026This information is all based on our opinions based on the information available to us. Everyone's situation may be different and you should reach out to us for more personalized information.