Tempo, London - August 2026 Real Estate Report

Tempo, London: Your House Is Doing Great. Your Condo? Not So Much.

The Vibe Right Now

If you've been watching the "For Sale" signs in Tempo, here's what's actually happening - and it depends entirely on what you own.

Houses in Tempo are on a run. The HonestDoor Price for a house sits at $1,970,509, up 2.36% from last period. The predicted market value is $1,925,132, and that number is climbing fast - it's up sharply from the 3-month moving average of $1,742,915. That's a 13.17% change in recent property values. On the neighbourhood leaderboard, Tempo houses rank 1 out of 40 neighbourhoods in London for growth. That's not a typo. Number one.

Condos are a different story. The average HonestDoor Price for a condo is $473,043, up 3.43% from last period on paper - but the predicted market value of $457,343 is actually sitting below the 3-month moving average of $481,543. Values have dipped 2.62% recently, and on that same London leaderboard, Tempo condos rank 33 out of 39. The market is taking a breather here, and sellers need to know that going in.

Houses vs. Condos - Breaking It Down

• House HonestDoor Price: $1,970,509 (up 2.36%)
• House predicted market value: $1,925,132 (rising vs. 3-month average of $1,742,915)
• House rental estimate: $6,567 per month - rental yield of 4.02%
• House Airbnb estimate: $326 per night - ranked 3rd in all of London for Airbnb potential
• House growth rank: 1 out of 40 in London

• Condo HonestDoor Price: $473,043 (up 3.43% on paper)
• Condo predicted market value: $457,343 (falling vs. 3-month average of $481,543)
• Condo rental estimate: $2,419 per month - rental yield of 3.92%
• Condo Airbnb estimate: $121 per night - ranked 19th in London
• Condo growth rank: 33 out of 39 in London

For context on where we sit in the neighbourhood, nearby Sharon-Creek has a house HonestDoor Price of $2,080,904 - slightly ahead of us. Lambeth comes in at $947,127 and Longwoods at $732,549, both well below what we're seeing in Tempo for houses. We're in strong company at the top end of this market.

The Secret Sauce - Why Your HonestDoor Price Matters More Than Your Tax Assessment

Here's the thing about your city assessment: it's a snapshot from the past. It gets updated on a schedule, not in real time. Meanwhile, the Tempo house market just moved 13.17% in recent months. If you're relying on your assessment to know what your home is worth today, you're working with old information.

The HonestDoor Price is a live, real-world check on what your property is actually worth right now - not what a government office decided it was worth months or years ago. For house owners in Tempo, that gap between the static assessment and today's market could represent serious money left on the table. For condo owners, it works the other way - knowing the real current value means you're not pricing yourself out of a market that's softened.

Check your HonestDoor Price before you make any decisions. It's the number that reflects what a buyer would actually pay today.

The "So What?" - Thinking About Selling This Summer?

If you own a house in Tempo, this summer looks like a real window. We're sitting at number one for growth in London, the predicted value is rising, and rental demand is strong at $6,567 per month with a 4.02% yield. Buyers looking at Tempo houses are competing in a market that has real momentum. That's a seller's position of strength.

If you own a condo, be honest with yourself about the timing. The predicted value is below the recent average, the growth rank is near the bottom of the London leaderboard, and nearby condos in Longwoods and Sharon-Creek are priced higher. That doesn't mean don't sell - it means price it right from day one. An overpriced condo in a softening segment sits. A well-priced one moves.

Either way, the first step is the same - get your current HonestDoor Price and know exactly where you stand before you call an agent or list anything.

This 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.