February 2023 Housing Market Update for Sarnia-Lambton

 

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Sales: 102 (-16.4% vs Feb. 2022)

Dollar Volume: $49,683,081 (-30.9% vs Feb. 2022)

New Listings: 185 (-39.1% vs Feb. 2022)

Active Listings: 290 (+325.5% vs Feb. 2022)

Average Price: $487,089 (-17.3% vs Feb. 2022)

Sale to List Price Ratio: 96.7 (117 in Feb. 2022)

 

 

Breakdown by Area:

 

Sarnia North End:

  • Active Listings: 40
  • Sold: 19
  • Conditionally Sold: 5
  • Average Sale Price: $485,000

 

Sarnia South End:

  • Active Listings: 20
  • Sold: 40
  • Conditionally Sold: 8
  • Average Sale Price: $384,000

 

Bright's Grove:

  • Active Listings: 6
  • Sold: 4
  • Conditionally Sold: 1
  • Average Sale Price: $623,000

 

Forest:

  • Active Listings: 6
  • Sold: 2
  • Conditionally Sold: 1
  • Average Sale Price: $350,000

 

Plympton-Wyoming:

  • Active Listings: 10
  • Sold: 6
  • Conditionally Sold: 1
  • Average Sale Price: $795,000

 

Petrolia:

  • Active Listings: 5
  • Sold: 4
  • Conditionally Sold: 2
  • Average Sale Price: $907,000

 

Corunna:

  • Active Listings: 10
  • Sold: 8
  • Conditionally Sold: 3
  • Average Sale Price: $515,000

 

St. Clair Township (excl. Corunna):

  • Active Listings: 15
  • Sold: 10
  • Conditionally Sold: 3
  • Average Sale Price: $517,000