January 2023 Housing Market Update for Sarnia-Lambton

 

market update, sarnia yacht club, blue coast realty

 

 

Active listings:

January 2022: 352

January 2023: 617

 

Sales Count:

January 2022: 81 sales

January 2023: 102 sales

 

Sales Volume:

January 2022: $38.5 million

January 2023: $39.5 million

 

Sales by Price Range:

$0 - $200,000: 23

$200,000 - $400,000: 29

$400,000 - $600,000: 29

$600,000 - $1,000,000: 21

$1,000,000+: 0

 

Average sale price:

January 2022: $476,000

January 2023: $387,000

 

Average Number of Days to Sell:

January 2022: 19

January 2023: 38

 

Months of Inventory:

January 2022: 4 months of inventory

January 2023: 6 months of inventory

 

 

Breakdown by Area

 

Sarnia North End:

Active Listings: 41

Sold: 24

Conditionally sold: 10

Average Sale Price: $530,000

 

Sarnia South End:

Active Listings: 60

Sold: 29

Conditionally sold: 9

Average Sale Price: $380,000

 

Bright’s Grove:

Active Listings: 7

Sold: 2

Conditionally sold: 1

Average Sale Price: $660,000

 

Forest:

Active Listings: 12

Sold: 6

Average Sale Price: $600,000

 

Plympton-Wyoming:

Active Listings: 34

Sold: 5

Conditionally sold: 1

Average Sale Price: $635,000

 

Petrolia:

Active Listings: 10

Sold: 1

Average Sale Price: $450,000

 

Corunna:

Active Listings: 12

Sold: 5

Conditionally sold: 2

Average Sale Price: $530,000

 

St. Clair Township:

(excluding Corunna)

Active Listings: 27

Sold: 5

Conditionally sold: 2

Average Sale Price: $530,000