January 2021 Housing Market Update (Sarnia-Lambton)

 

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2020 is at an end and now it's time to take a look back on the January 2021 Housing Market Update for Sarnia-Lambton.

  

There were 312 active listings in January, and 87 sold totalling just below $35 million dollars in sales volume, compared to January 2020 where we had 105 sold and just above $34 million in sales volume.

 

With around 34 days to sell vs 36 days to sell in January 2020, the average sale price was around $423 thousand dollars, vs $344 thousand in January 2020, which is a 23% increase in price. 37% of those sold were in the $200,000 to $400,000 price range.

 

There were 7 more homes on the market in January 2021 than December 2020, and the number of sales decreased by 18.

 

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Stat breakdown by area:

 

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

 

✅ College Park had 1 home sold for $620 thousand dollars, and there is 1 active listing.

 

✅ Sherwood Village saw 3 homes sold, having an average sale price of $362 thousand dollars and there is 1 active listing.

 

✅ Heritage Park had 4 homes sold, having an average sale price of just above $540 thousand dollars and there are 3 active listings.

 

✅ Coronation Park and the Tree Streets had no homes sold, and there are 3 active listings.

 

✅ Cardiff Acres had 1 home sold, having a sale price of $340 thousand dollars and there are no active listings.

 

✅ Guthrie Park had no homes sold, and there is 1 active listing.

 

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

 

✅ Sarnia’s Northgate Area saw 7 homes sold, having an average sale price of $276 thousand dollars, and there are 5 active listings.

 

✅ Downtown Sarnia, including condos, saw 4 properties sold, having an average sale price of 301thousand dollars and there are 9 active listings.

 

✅ Mitton Village saw 2 homes sold, having a sale price of $300 thousand dollars and there are 2 active listings.

 

✅ South Sarnia saw 8 homes sold, having an average sale price of $221 thousand dollars and there are no active listings.

 

✅ The Rapids Parkway saw 5 homes sold, having an average sale price of $638 thousand dollars and there are 3 active listings.

 

✅ Twin Lakes had no home sold, and there is 1 active listing.

 

✅ Wiltshire Park had 2 home sold, having an average sale price of just above $444 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 are 3 active listings.

 

✅ Woodrow Beach, Wees Beach & Oakwood Corners combined had 5 homes sold, having an average sale price of $740 thousand, and there are 5 active listings.

 

✅ Blackwell saw no homes sold, and there are 6 active listings.

 

✅ Bright’s Grove saw 4 homes sold, having a sale price of $894 thousand and there are 5 active listings.

 

✅ Plympton-Wyoming saw 7 homes sold, having a sale price of $611 thousand dollars and there are 29 active listings.

 

✅ St. Clair Township saw 13 homes sold, having an average sale price of $386 thousand dollars and there are 12 active listings.

 

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