December 2022 & Full Year Housing Market Update
2022 as a Whole:
Sales: 1,566
Average sale price: $514,000
Average listing price: $560,000
Sales Volume: ≈$800,000,000
Average number of days to sell: 21
2022 by Quarter:
Quarter 1:
Sales: 358
Average sale price: $530,000
Quarter 2:
Sales: 474 sales
Average sale price: $557,000
Quarter 3:
Sales: 401 sales
Average sale price: $492,000
Quarter 4:
Sales: 323 sales
Average sale price: $464,000
Sean's video breakdown & personal opinion on the housing market in 2023
December 2022
Active listings:
December 2021: 338
December 2022: 622
Sales Count:
December 2021: 140 sales
December 2022: 102 sales
Sales Volume:
2021: $64,000,000
2022: $49,000,000
Sales by Price Range:
$0 - $200,000: 8
$200,000 - $400,000: 21
$400,000 - $600,000: 31
$600,000 - $1,000,000: 24
$1,000,000+: 1
Average sale price:
December 2021: $475,000
December 2022: $486,000
Average Number of Days to Sell:
December 2020/21: 24
December 2022: 41
Months of Inventory:
December 2022: 7 months of inventory
December 2021: 3 months of inventory
Breakdown by Area
Sarnia North End:
Active Listings: 47
Sold: 18
Conditionally sold: 6
Average Sale Price: $595,000
Sarnia South End:
Active Listings: 61
Sold: 31
Conditionally sold: 3
Average Sale Price: $463,000
Bright’s Grove:
Active Listings: 8
Sold: 3
Average Sale Price: $1,012,000
Forest:
Active Listings: 13
Sold: 3
Conditionally sold: 1
Average Sale Price: $527,000
Plympton-Wyoming:
Active Listings: 31
Sold: 1
Conditionally sold: 2
Average Sale Price: $945,000
Petrolia:
Active Listings: 8
Sold: 3
Average Sale Price: $648,000
Corunna:
Active Listings: 6
Sold: 4
Conditionally sold: 1
Average Sale Price: $512,000
St. Clair Township:
(excuding. Corunna)
Active Listings: 15
Sold: 4
Conditionally sold: 2
Average Sale Price: $626,000