June 2022 Housing Market Update for Sarnia-Lambton

 

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589 Active Listings

 

June 2021: 190 sales, and $96 million in volume.

 

June 2022: 154 sales, and $80.4 million in volume.

 

36 fewer sales, just under $16 million dollars less in volume.




Number of Sales by Price Range:

 

Out of those 154 sales in June we had...

 

 

9 sales: $0-$200,000 range

 

31 sales: $200,000-$400,000 range

 

65 sales: $400,000-$600,000 range

 

49 sales: $600,000+

 

 

 

Average sale price:

 

June 2021: $506,000

 

June 2022: $522,000

 



 

Average Number of Days to Sell

 

June 2021: 14

 

June 2022: 14



 

Months of Inventory

 

June 2021: 2 months of inventory

 

June 2022: 4 months of inventory

 

 

  

Individual Areas of Sarnia 

(Note: Active listing count as July 1st)

 

 

Sarnia North End:

Sales: 29

Average Sale Price: $647,489

Active Listings: 67

 

Sarnia South End:

Sales: 46

Average Sale Price: $460,000

Active Listings: 84

 

Bright’s Grove:

Sales: 10

Average Sale Price: $664,000

Active Listings: 13

 

Forest:

Sales: 6

Average Sale Price: $571,000

Active Listings: 8

 

Plympton-Wyoming:

Sales: 9

Average Sale Price: $830,000

Active Listings: 33

 

Petrolia:

Sales: 13

Average Sale Price: $505,000

Active Listings: 4

 

Corunna:

Sales: 11

Average Sale Price: $536,000

Active Listings: 9

 

St. Clair Township (excluding Corunna):

Sales: 15

Average Sale Price: $534,000

Active Listings: 22