Stay informed on the dynamic real estate landscape with our 'Sarnia Real Estate Market Update.' Discover the latest trends, property values, and market insights that can guide your buying or selling decisions in Sarnia. BlueCoast Realty provides a comprehensive analysis, showcasing the pulse of the local real estate scene. Whether you're a potential homebuyer, seller, or investor, our expertly crafted market update will equip you with valuable knowledge. Explore opportunities, understand pricing dynamics, and make informed choices with the most recent data at your fingertips. Trust BlueCoast Realty for accurate, timely information that empowers your journey in the Sarnia real estate market.

The real estate market in February 2024 remains resilient, with a slight dip of 1% in sales activity compared to the previous year but a positive uptick in dollar volume of about 1.5%.New listings and active listings have increased significantly, providing opportunities for both buyers and sellers. The sales-to-list price ratio is strong at 97.4%, indicating a confident and balanced market. With four months of inventory, the market is balanced for both parties. The average sale price has increased by 22%, while the median price remains higher than previous years. The median days on the market stand at 24.5 days, offering a balanced perspective. Looking ahead, the market is expected to remain active, with potential rate decreases and promotional rates from banks driving buyer interest. Overall, it's a promising outlook for both buyers and sellers in the Sarnia Lampton real estate market in 2024.