If you own a home in Talbot and the last number you checked was your city tax assessment, you are probably sitting on a very different reality than what the paperwork says. Here is what is actually happening on the ground right now.
Let us start with houses, because the headline is hard to ignore. The average sale price in Talbot for a house is sitting at $1,400,000, and the HonestDoor Price backs that up at $1,051,955. That predicted market value of $1,050,613 is climbing past its 3-month moving average of $1,035,157, which tells us the momentum is pointing up, not sideways. We rank 2nd out of 18 neighbourhoods in London for price - meaning Talbot houses are among the most expensive in the city, full stop. On the growth leaderboard, we sit 15th out of 42 neighbourhoods, which puts us in above-average territory. Not leading the pack, but solidly ahead of most.
Now condos - and this is where things get interesting for us. The HonestDoor Price for a Talbot condo jumped 6.33% to $856,737. That is not a small move. The predicted market value is $805,721, already running ahead of the 3-month moving average of $758,096. That gap tells us values are accelerating, not just drifting up. On the neighbourhood growth leaderboard, Talbot condos rank 6th out of 39 in London. That puts us in the top performers category - a genuinely strong position.
For context, compare us to our neighbours. Westmount, Bostwick, and Byron all come in cheaper - whether you are looking at houses or condos. A Westmount condo HonestDoor Price is $391,540. A Byron house sits at $794,793. Talbot is in a different price bracket, and the numbers confirm it.
Here is the honest truth about city assessments: they are a snapshot from the past. By the time that number lands in your mailbox, the market has already moved. The HonestDoor Price is a real-time check - it pulls in current sales data and recalculates continuously. For Talbot condo owners, that 6.33% increase in the HonestDoor Price is not something your tax assessment is going to reflect anytime soon. That gap between what the city thinks your place is worth and what a buyer would actually pay today - that is your number to know. Do not wait for the city to catch up.
If you are a Talbot homeowner eyeing a summer sale, the data is giving you a reasonable green light. House values are trending above their 3-month average. Condo values are running well ahead of theirs. Talbot sits near the top of London for price, and in solid above-average territory for growth. That is a combination that puts sellers in a decent spot.
The rental yield on houses is 4.63%, which is a real number for anyone weighing whether to sell or hold and rent. At $4,345 per month estimated rent, holding has an argument. But with a predicted market value of over a million dollars on houses and condos pushing toward $806,000, summer 2025 is not a bad time to have a conversation about what your place is actually worth today - not what the city assessed it at two years ago.
Check your HonestDoor Price first. Then decide.
talbot | 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.