January 2022 Housing Market Update

January had 347 active listings and 81 sold, totalling $39 million in sales volume. Compare this to January 2021 where we had 86 homes sold, totalling $37 million dollars in sales volume.

January 2022 had an average of 19 days to sell, versus last January where it took an average of 31 days to sell. The average sale price was around $475 thousand dollars, vs $400 thousand in January 2021, which is a 19% price increase.

35% of homes sold were in the $399 thousand dollar to $600 thousand dollar price range, and the average listing price was around $472 thousand dollars.

Point Edward had no homes sold, and there are no active listings.

College Park also had no homes sold, and there are no active listings.

Sherwood Village had 3 homes sold, having an average sale price of $540,000 and there are 2 active listings.

Heritage Park had no homes sold, and there is 1 active listing.

Coronation Park and the Tree Streets had 2 homes sold, having an average sale price of $565,000 and there are 2 active listings.

Cardiff Acres had 3 homes sold, having an average sale price of $335,000 and currently there is 1 active listing.

Guthrie Park had 2 homes sold, having an average sale price of $450,000, and there are no active listings.

High Park had 2 homes sold, having an average sale price of $550,000, and there are no active listings.

Sarnia’s Northgate Area had 1 home sold, having a sale price of $390,000, and there is 1 active listing.

Downtown Sarnia, including condos, saw 5 properties sold, having an average sale price of $360,000 and there are 2 active listings.

Mitton Village saw 1 home sold, having a sale price of $400,000, and theref are 2 active listings.

South Sarnia had 7 homes sold, having an average sale price of $335,000 and there are 6 active listings.

Rapids Parkway saw no homes sold, and there are no active listings.

Twin Lakes had 2 homes sold, having an average sale price of $700,000, and there is 1 active listing.

Wiltshire Park had 5 homes sold, having an average sale price of $590,000 and there are 4 active listings.

Woodland Park & Oak Acres had 4 homes sold, having an average sale price of $510,000 and there are 3 active listings.

Woodrow Beach, Wees Beach & Oakwood Corners had 1 home sold, having a sale price of $460,000, and there are 2 active listings.

Blackwell had no homes sold and there is 1 active listing.

Bright’s Grove had 2 homes sold, having an average sale price of $750,000 and there are 6 active listings.

Plympton-Wyoming saw 5 homes sold, having an average sale price of $820,000 and there are 9 active listings.

St. Clair Township including Corunna saw 11 homes sold, having an average sale price of $495,000 and there are 11 active listings.