August 2020 Housing Market Update

 

 

 

 

There were 356 active listings in August, and 196 sold totalling just above $83 million in sales volume, compared to August 2019 where we had 416 sold and 50 point six million in sales volume.

 

With around 29 days to sell vs 27 days to sell in August 2019, the average sale price was around $429 thousand, vs $335 thousand in August 2019, which is a 28% increase.

 

51% of those sold were in the $200,000 to $400,000 price range.

 

There were 20 fewer homes on the market in August 2020 than July 2020, and the number of sales decreased by 9.

 

Point Edward had 4 homes sold for just under 319,000 and there is 1 active listing.

 

✅ College Park had 4 homes sold, having an average sale price of just under $491,000, and there is 1 active listing.

 

✅ Sherwood Village saw 7 homes sold, having an average sale price of $360,000 and there is 1 active listing.

 

Heritage Park had 5 homes sold, having an average sale price of just above $503,000 and there are 9 active listings.

 

✅ Coronation Park and the Tree Streets had 6 homes sold, having an average sale price of $279,000 and there are 2 active listings.

 

✅ Cardiff Acres had 3 homes sold, having an average sale price of just under $217,000 and there are 0 active listings.

 

✅ Guthrie Park had 5 homes sold, having an average sale price of $316,000 and there are 3 active listings.

 

✅ High Park saw 2 homes sold, having an average sale price of $288,000 and there are 0 active listings.

 

✅ Sarnia’s Northgate Area saw 10 homes sold, having an average sale price of $276,000 and there are 4 active listings.

 

Downtown Sarnia, including condos, saw 7 properties sold, having an average sale price of $266,000 and there are 12 active listings.

 

✅ Mitton Village saw 1 home sold, having a sale price of $235,000 and there are 2 active listings.

 

✅ South Sarnia saw 11 homes sold, having an average sale price of $236,000 and there are 4 active listings.

 

✅ The Rapids Parkway saw 5 homes sold, having an average sale price of $520,000 and there are 7 active listings - including new homes to be built.

 

✅ Twin Lakes had 6 home sold, having a sale price of $609,000 and there are 7 active listings.

 

✅ Wiltshire Park had 7 homes sold, having an average sale price of just above $378,000 and there are 3 active listings.

 

✅ Woodland Park & Oak Acres had 11 homes sold, having an average sale price of $394,000 and there is 1 active listing.

 

✅ Combined, Woodrow Beach, Wees Beach & Oakwood Corners had 15 homes sold, having an average sale price of $436,000, and there are 10 active listings.

 

✅ Blackwell saw 3 homes sold, having a sale price of $1.32 million dollars and there are 8 active listings.

 

✅ Bright’s Grove saw 11 homes sold, having an average sale price of $549,000 and there are 10 active listings.

 

✅ Plympton-Wyoming saw 15 homes sold, having a sale price of $606,000 and there are 30 active listings.

 

✅ St. Clair Township saw 15 homes sold, having an average sale price of $606,000 and there are 17 active listings.

 

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