July 2023 Housing Market Update

 

july 2023, housing market, market update, sarnia, lambton, real estate, realtor

 

 

Totals for Sarnia-Lambton:

 

Sales Activity:

July 2023: 122 vs July 2022: 120

 

Dollar Volume:

July 2023: $70,637,619 vs July 2022: $65,689,901


New Listings:

July 2023: 236 vs July 2022: 227

 

Active Listings:

July 2023: 393 vs July 2022: 331

 

Months of Inventory:

July 2023: 3.2 vs July 2022: 3.2

 

Average Price:

July 2023: $578,997 vs July 2022: $547,849

 

Sales to List Price Ratio:

July 2023: 98.2% vs July 2022: 99.4%

 

 

Breakdown by Area:

 

Point Edward:

  • Active Listings: 2
  • Sold: 2
  • Average Sale Price: $450,000

 

Sarnia North End:

  • Active Listings: 80
  • Conditionally Sold: 8
  • Sold: 33
  • Average Sale Price: $650,000

 

Sarnia South End:

  • Active Listings: 64
  • Conditionally Sold: 5
  • Sold: 39
  • Average Sale Price: $453,000

 

Bright's Grove:

  • Active Listings: 15
  • Conditionally Sold: 1
  • Sold: 2
  • Average Sale Price: $665,000

 

Forest:

  • Active Listings: 8
  • Conditionally Sold: 3
  • Sold: 4
  • Average Sale Price: $436,500

 

Plympton-Wyoming:

  • Active Listings: 73
  • Conditionally Sold: 4
  • Sold: 6
  • Average Sale Price: $1,030,000

 

Lambton Shores:

  • Active Listings: 30
  • Conditionally Sold: 3
  • Sold: 6
  • Average Sale Price: $550,000

 

Warwick:

  • Active Listings: 2
  • Sold: 1 for $450,000

 

Brooke-Alvinston:

  • Active Listings: 6
  • Sold: 1 for $370,000

 

Enniskillen:

  • Active Listings: 1
  • Conditionally Sold: 1

 

Petrolia:

  • Active Listings: 15
  • Conditionally Sold: 2
  • Sold: 5
  • Average Sale Price: $428,000



Dawn-Euphemia:

  • Active Listings: 3
  • Sold: 1 for $365,000



St. Clair Township:

  • Active Listings: 32
  • Conditionally Sold: 4
  • Sold: 16
  • Average Sale Price: $690,000

 

Corunna:

  • Active Listings: 12
  • Conditionally Sold: 3
  • Sold: 11
  • Average Sale Price: $603,000