August 2023 Housing Market Update for Sarnia-Lambton

 

august 2023, housing market, market update, sarnia, lambton, bluewater bridge

 

 

August 2023 vs August 2022:

 

Sales Activity: 116 vs 140 (-17.1%)

Dollar Volume: $62,800,000 vs $58,400,000 (+7.5%)

New Listings: 229 vs 220 (+4.0%)

Active Listings: 418 vs 349 (+19.8%)

Months of Inventory: 3.6 vs 3.2

Average Price: $546,000 vs $500,000 (+9.2%)

Sale to List Price Ratio: 98.2 vs 99.4

 

**Average price is corrected above

 

 

Breakdown by Area

 

Point Edward:

  • Active Listings: 2
  • Conditionally Sold: 1

 

Sarnia North End:

  • Active Listings: 79
  • Conditionally Sold: 8
  • Sold: 36
  • Average Sale Price: $600,000

 

Sarnia South End:

  • Active Listings: 63
  • Conditionally Sold: 4
  • Sold: 37
  • Average Sale Price: $445,000

 

Bright's Grove:

  • Active Listings: 19
  • Conditionally Sold: 1
  • Sold: 3
  • Average Sale Price: $591,000

 

Forest:

  • Active Listings: 16
  • Conditionally Sold: 1
  • Sold: 2
  • Average Sale Price: $455,00 

 

Plympton-Wyoming:

  • Active Listings: 71
  • Conditionally Sold: 4
  • Sold: 15
  • Average Sale Price: $754,000 

 

Lambton Shores:

  • Active Listings: 40
  • Conditionally Sold: 2
  • Sold: 2
  • Average Sale Price: $454,000

 

Warwick:

  • Active Listings: 4
  • Sold: 1 for $365,000 

 

Brooke-Alvinston:

  • Active Listings: 3
  • Sold: 1
  • Sale Price: $455,000

 

Enniskillen:

  • Active Listings: 3
  • Conditionally Sold: 1
  • 1 Sold for $460,000

 

Petrolia:

  • Active Listings: 17
  • Conditionally Sold: 3
  • Sold: 2
  • Average Sale Price: $400,000

 

Dawn-Euphemia:

  • Active Listings: 8

 

St. Clair Township:

  • Active Listings: 40
  • Sold: 12
  • Average Sale Price: $550,000

 

Corunna:

  • Active Listings: 16
  • Sold: 8
  • Average Sale Price: $500,000

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