August 2023 Housing Market Update for Sarnia-Lambton
August 2023 vs August 2022:
Sales Activity: 116 vs 140 (-17.1%)
Dollar Volume: $62,800,000 vs $58,400,000 (+7.5%)
New Listings: 229 vs 220 (+4.0%)
Active Listings: 418 vs 349 (+19.8%)
Months of Inventory: 3.6 vs 3.2
Average Price: $546,000 vs $500,000 (+9.2%)
Sale to List Price Ratio: 98.2 vs 99.4
**Average price is corrected above
Breakdown by Area
Point Edward:
- Active Listings: 2
- Conditionally Sold: 1
Sarnia North End:
- Active Listings: 79
- Conditionally Sold: 8
- Sold: 36
- Average Sale Price: $600,000
Sarnia South End:
- Active Listings: 63
- Conditionally Sold: 4
- Sold: 37
- Average Sale Price: $445,000
Bright's Grove:
- Active Listings: 19
- Conditionally Sold: 1
- Sold: 3
- Average Sale Price: $591,000
Forest:
- Active Listings: 16
- Conditionally Sold: 1
- Sold: 2
- Average Sale Price: $455,00
Plympton-Wyoming:
- Active Listings: 71
- Conditionally Sold: 4
- Sold: 15
- Average Sale Price: $754,000
Lambton Shores:
- Active Listings: 40
- Conditionally Sold: 2
- Sold: 2
- Average Sale Price: $454,000
Warwick:
- Active Listings: 4
- Sold: 1 for $365,000
Brooke-Alvinston:
- Active Listings: 3
- Sold: 1
- Sale Price: $455,000
Enniskillen:
- Active Listings: 3
- Conditionally Sold: 1
- 1 Sold for $460,000
Petrolia:
- Active Listings: 17
- Conditionally Sold: 3
- Sold: 2
- Average Sale Price: $400,000
Dawn-Euphemia:
- Active Listings: 8
St. Clair Township:
- Active Listings: 40
- Sold: 12
- Average Sale Price: $550,000
Corunna:
- Active Listings: 16
- Sold: 8
- Average Sale Price: $500,000
