If you have been watching the "For Sale" signs in Sharon-Creek lately, the numbers are telling a pretty clear story. The market is taking a breather - and not a short one. Both houses and condos are trending down, and the gap between where prices were and where they are heading is widening fast. Here is the honest breakdown for us locals.
The average HonestDoor Price for a house here sits at $1,972,177 - but that number has slipped 2.01% from the previous period. The predicted market value is currently $2,012,676, and it is already trending below the 3-month moving average of $2,031,831. That downward drift is not a blip. Property values have shifted by -4.35% recently, and on the neighbourhood growth leaderboard, Sharon-Creek houses rank 42 out of 42 in London. Dead last. That is the kind of stat that should make any house owner sit up straight.
The silver lining? If you own a house here and are thinking about income, the rental picture is solid. Estimated rent runs around $6,734 to $6,837 per month, with a rental yield of 3.92%. That is a moderate but real return. On the Airbnb side, Sharon-Creek ranks 2nd in all of London for short-term rental potential, with nightly estimates around $335. That is a genuinely strong number for anyone considering that route.
The condo story is harder to spin positively. The average HonestDoor Price is $469,700, down 3.61% from the previous period. The predicted market value of $487,300 is already sitting below the 3-month moving average of $502,167. And the recent price change of -11.08% is a number that deserves a second look. On the condo growth leaderboard, Sharon-Creek ranks 39 out of 39 in London. Also last. Two property types, two last-place finishes - that is the reality we are working with right now.
Rental income for condos comes in around $2,410 to $2,480 per month, with a 3.86% yield. Decent, but not exceptional. Airbnb potential is modest at roughly $120 to $125 per night, ranking 19th in London for short-term rental income.
Here is the thing about your city tax assessment - it is a snapshot from the past. It does not know about the last few months of price movement in Sharon-Creek. It does not know that house values have dropped 4.35% or that condo values have slid 11.08% recently. Your assessment is essentially driving using the rear-view mirror.
The HonestDoor Price is updated in real time. It pulls in current market signals and gives you a live read on what your property is actually worth today - not what it was worth when the city last got around to looking. In a market that is actively moving downward, that difference is not just academic. It is the difference between pricing your home right and sitting on the market for months wondering why nobody is calling.
Check your HonestDoor Price now. Do not wait for a piece of mail from the city to tell you something that is already out of date.
Straight talk: this is not the easiest summer to be a seller in Sharon-Creek. Both property types are ranking at the bottom of London's growth leaderboard, and the 3-month moving averages are heading in the wrong direction. If you were planning to sell and you have flexibility, the data suggests the market is not doing you any favours right now.
That said, "wait" is not always the right answer. If you need to move, if your life circumstances have changed, or if you are sitting on a house with strong Airbnb potential - remember, Sharon-Creek ranks 2nd in London for that - there may be a smarter play than a straight sale. Renting or short-term leasing while the market finds its footing is worth running the numbers on.
If you do sell this summer, price it sharp from day one. Overpricing in a declining market is the fastest way to chase buyers away and end up cutting the price anyway - just later and with more stress. Know your real number. Use your HonestDoor Price as the starting point, not your neighbour's sale from 18 months ago.
sharon-creek | 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.