November 2020 Housing Market Update

 

Here is Sarnia-Lambton's November 2020 Housing Market Update.

 

There were 353 active listings in November, and 157 sold totaling just below $56 million in sales volume, compared to November 2019 where we had 125 sold and just below $38 million in sales volume.

With around 25 days to sell vs 36 days to sell in November 2019, the average sale price was around $374 thousand, vs $311 thousand in November 2019, which is a 20% price increase.

48% of those sold were in the $200,000 to $400,000 price range.

There were 15 fewer homes on the market in November 2020 than in October 2020, and the number of sales increased by 16.

 

  

Point Edward had 2 homes sold for just under having an average sale price of $224 thousand dollars and there is 1 active listing.

✅ College Park had 1 home sold, having a sale price of just under $500 thousand dollars, and there are 0 active listings.

✅ Sherwood Village saw 3 homes sold, having an average sale price of $365 thousand dollars and there are 2 active listings.

✅ Heritage Park had 10 homes sold, having an average sale price of just above $480 thousand dollars and there are 6 active listings.

✅ Coronation Park and the Tree Street area of Sarnia had 10 homes sold, having an average sale price of $ 274 thousand dollars and there are 1 active listing.

✅ Cardiff Acres had 4 homes sold, having an average sale price of just under $289 thousand dollars and there are 1 active listing.

✅ Guthrie Park had 4 homes sold, having an average sale price of $312 thousand dollars and there is 1 active listing.

✅ High Park saw 1 home sold, having a sale price of 297 thousand dollars and there is 1 active listing.

✅ Sarnia’s Northgate Area saw 10 homes sold, having an average sale price of $273 thousand dollars, and there are 7 active listings. 

✅ Downtown Sarnia, including condos, saw 6 properties sold, having an average sale price of $275 thousand dollars and there are 12 active listings.

✅ Mitton Village saw 2 homes sold, having a sale price of $296 thousand dollars and there is 1 active listing.

✅ South Sarnia saw 7 homes sold, having an average sale price of $234 thousand dollars and there are 5 active listings.

✅ The Rapids Parkway saw 6 homes sold, having an average sale price of $680 thousand dollars and there are 4 active listings.

✅ Twin Lakes had 7 homes sold, having a sale price of $539 thousand dollars and there is 1 active listing.

Wiltshire Park had 5 homes sold, having an average sale price of just above $413 thousand dollars and there are 0 active listings.

Woodland Park & Oak Acres had 7 homes sold, having an average sale price of $382 thousand dollars and there are 3 active listings.

✅ Combined, Woodrow Beach, Wees Beach & Oakwood Corners had 5 homes sold, having an average sale price of $507 thousand, and there are 7 active listings.

Blackwell saw 2 homes sold, having a sale price of 500 thousand dollars and there are 6 active listings.

✅ Bright’s Grove saw 7 homes sold, having an average sale price of $535 thousand and there are 7 active listings.

✅ Plympton-Wyoming saw 9 homes sold, having a sale price of $593 thousand dollars and there are 29 active listings.

✅ St. Clair Township saw 14 homes sold, having an average sale price of $401 thousand dollars and there are 12 active listings.

 

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