February 2021 Housing Market Update for Sarnia-Lambton

 

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There were 306 active listings in February, and 154 sold, totalling just below 79 million dollars in sales volume, compared to February 2020 where we had 125 sold and around $42 million in sales volume.

 

With around 7 median days to sell vs 13 median days to sell in February 2020, the average sale price was around $508 thousand dollars, vs $343 thousand in February 2020, which is a 48% increase in price.

 

39% of those sold were in the $400,000 to $600,000 price range. There were 9 more homes on the market in February than in January, and the number of sales increased by 67.

 

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Stat breakdown by area:

 

✅ Point Edward had no home sold and there are 0 active listings.

 

College Park had no homes sold, and there are 2 active listings.

 

✅ Sherwood Village saw 2 homes sold, having an average sale price of $442 thousand dollars and there are 0 active listings.

 

✅ Heritage Park had 8 homes sold, having an average sale price of just above $458 thousand dollars and there are 2 active listings.

 

✅ Coronation Park and Sarnia's Tree Streets had 9 homes sold, having an average sale price of $341 thousand dollars and there are 0 active listings.

 

✅ Cardiff Acres had 2 homes sold, having a sale price of $251 thousand dollars and there is 1 active listing.

 

✅ Guthrie Park had 4 homes sold, having a sale price of $414 thousand dollars, and there are 2 active listings.

 

✅ High Park had no homes sold, and there are 3 active listings.

 

Sarnia’s Northgate Area saw 7 homes sold, having an average sale price of $347 thousand dollars, and there are 4 active listings.

 

✅ Downtown Sarnia, including condos, saw 3 properties sold, having an average sale price of [289,900 thousand dollars and there are [5+2] active listings.

 

✅ Mitton Village saw 4 homes sold, having a sale price of $316 thousand dollars and there are 2 active listings.

 

✅ South Sarnia had 2 homes sold, having an average sale price of $228 thousand dollars and there are 3 active listings.

 

The Rapids Parkway saw 6 homes sold, having an average sale price of $628 thousand dollars and there are 8 active listings.

 

✅ Twin Lakes had 4 home sold, having an average sale price of $694 thousand dollars, and there are 4 active listings.

 

✅ Wiltshire Park had 4 home sold, having an average sale price of just above $408 thousand dollars and there are 3 active listings.

 

✅ Woodland Park & Oak Acres had 1 home sold, having a sale price of $440 thousand dollars and there is 1 active listing.

 

✅ Woodrow Beach, Wees Beach & Oakwood Corners had 6 homes sold, having an average sale price of $894 thousand, and there are 4 active listings.

 

✅ Sarnia's Blackwell area saw 5 homes sold, having an average sale price of $944 thousand and there are 3 active listings.

 

✅ Bright’s Grove saw 12 homes sold, having a sale price of $585 thousand and there are 6 active listings.

 

✅ Plympton-Wyoming saw 23 homes sold, having a sale price of $659 thousand dollars and there are 17 active listings.

 

✅ St. Clair Township saw 17 homes sold, having an average sale price of $485 thousand dollars and there are 8 active listings.

 

 

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