September 2022 Housing Market Update for Sarnia-Lambton

 

real estate, sarnia, blue coast realty, housing market, market update

 

 

 

Current active listings:

710

 

Sales & Sales Volume:

September 2021: 162 sales, and $78 million in volume.

September 2022: 132 sales, and $66 million in volume.



Number of Sales by Price Range:

11 sales: $0 - 200,000

37 sales: 200,000 - 400,000

42 sales: 400,000-600,000

40 sales: 600,000+

 

 

Average sale prices:

September 2021: $484,000 

September 2022: $498,000 

Prices up 3% higher than September 2021.



Average Number of Days to Sell:

September 2021: 17 

September 2022: 27


Months of Inventory: 

September 2021: 2 months of inventory 

September 2022: 5 months of inventory

 

Individual Areas of Sarnia

 

Sarnia North End: 

Active Listings: 85

35 sold - 5 conditionally sold

Average Sale Price: $582,000

 

Sarnia South End: 

Active Listings: 80

49 sold - 7 conditionally sold

Average Sale Price: $422,000

 

Bright’s Grove: 

Active Listings: 18

5 sold  - 1 conditionally sold

Average Sale Price: $880,000

 

Forest:

Active Listings: 8

3 sold - 2 conditionally sold

Average Sale Price: $395,000

 

Plympton-Wyoming: 

Active Listings: 35

6 sold - 2 conditionally sold

Average Sale Price: $687,000

 

Petrolia: 

Active Listings: 17

5 sold

Average Sale Price: $533,000

 

Corunna:

Active Listings: 20

4 sold

Average Sale Price: $620,000

 

St. Clair Township (excluding Corunna):

Active Listings: 15

6 sold - 3 conditionally sold

Average Sale Price: $447,000