Tempo, London - July 2026 Real Estate Report

Tempo, London Real Talk: Your House Is Doing Heavy Lifting - Your Condo, Not So Much

The Vibe Right Now

If you own a house in Tempo, you are sitting in one of London's better spots right now. If you own a condo here, the picture is a little more complicated. Let's be straight about both.

Houses: The Strong Story

The average HonestDoor Price for a house in Tempo is $1,925,132 - and that number is up 13.17% from the previous period. That is not a small move. For context, that kind of jump means a typical Tempo house has added serious equity in a short window.

On the leaderboard, Tempo houses rank 3rd out of 42 comparable neighbourhoods in London for growth. That puts us near the very top of the city. Most of London is watching from behind.

• Average HonestDoor Price (Houses): $1,925,132
• Price change: up 13.17%
• Predicted market value: $1,701,125
• 3-month moving average: $1,775,058
• Estimated monthly rent: $5,949
• Rental yield: 4.15%
• Airbnb estimate: $322 per night
• Airbnb rank in London: 3rd
• Growth rank: 3 out of 42 neighbourhoods

That Airbnb rank of 3rd in all of London is worth paying attention to. At $322 a night, a Tempo house is one of the most in-demand short-term rental options in the city. If you have a basement suite or an investment property here, that is real money on the table.

Compared to nearby neighbourhoods, Lambeth houses average $949,495 and Longwoods sits at $749,149. Tempo is running well ahead of both. Sharon-Creek is the only neighbour in the same conversation at $1,972,177 - just slightly ahead of us.

Condos: Taking a Breather

Here is where we have to be honest with each other. The condo side of Tempo is under some pressure right now.

The average HonestDoor Price for a Tempo condo is $457,343 - down 2.62% from the previous period. The predicted market value sits at $469,671, and that number is sliding below the 3-month moving average of $481,010. Values have shifted by -9.26% recently. That is a real dip, not just noise.

• Average HonestDoor Price (Condos): $457,343
• Price change: down 2.62%
• Predicted market value: $469,671
• 3-month moving average: $481,010
• Estimated monthly rent: $2,350
• Rental yield: 3.90%
• Airbnb estimate: $116 per night
• Airbnb rank in London: 20th
• Growth rank: 37 out of 39 neighbourhoods

A growth rank of 37 out of 39 puts Tempo condos near the bottom of the London condo market right now. Nearby Longwoods condos are averaging $556,000 in predicted value - noticeably higher. If you own a Tempo condo, this is not the moment to assume your value is holding steady.

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

Your city assessment is a snapshot taken months - sometimes over a year - ago. It does not know about the 13.17% house price jump in Tempo. It does not know about the condo softness either. It is essentially a rearview mirror.

The HonestDoor Price is updated in real time using actual market signals. For Tempo house owners, that means your assessed value is almost certainly lagging behind what your home is actually worth today. For condo owners, it means your assessment might be giving you false comfort while the real-world number has pulled back.

Either way, the HonestDoor Price is the number that reflects what a buyer would actually pay right now - not what a government office calculated last year. Check it before you make any decisions.

The So What - Thinking About Selling This Summer?

If you own a house in Tempo, this summer is a genuinely interesting window. You are ranked near the top of London for growth, your price is up over 13%, and short-term rental demand here is among the highest in the city. Buyers looking in this price range are active, and Tempo is on their radar.

If you own a condo, the honest advice is to move carefully. Values are drifting down, the growth rank is near the bottom, and the 3-month trend is not moving in your favour. That does not mean you cannot sell - it means you need an accurate, current number before you price it. Do not rely on last year's assessment. Pull your HonestDoor Price, understand where you actually stand, and price it to compete rather than chase the market down.

Bottom line - Tempo is a split story right now. Houses are carrying the neighbourhood. Condos need a reality check. Know which one you own, and plan accordingly.

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.