July 2022 Housing Market Update for Sarnia-Lambton
Stats for July 2022:
624 active listings currently
July 2021: 177 sales, and $86 million in volume.
July 2022: 123 sales, and $64 million in volume.
Number of Sales by Price Range
Out of the 154 sales we had:
7 sales: 0-200K
36 sales: 200-400K
45 sales: 400-600K
34 sales: 600K+
Average sale price:
July 2021: $484,000
July 2022: $517,000
7% avg. price increase
Average Number of Days to Sell
July 2021: 17
July 2022: 23
Months of Inventory
July 2021: 2 months of inventory
June 2022: 4 month of inventory
July 2022: 4 months of inventory
Individual Areas of Sarnia
(Active listing count is a current snapshot)
Sarnia North End:
27 sold - 5 conditionally sold
Average Sale Price: $687,000
Active Listings: 66
Sarnia South End:
44 sold - 12 conditionally sold
Average Sale Price: $421,000
Active Listings: 71
Bright’s Grove:
6 sold - 3 conditionally sold
Average Sale Price: $880,000
Active Listings: 15
Forest:
3 sold
Average Sale Price: $300,000
Active Listings: 10
Plympton-Wyoming:
10 sold - 2 conditionally sold
Average Sale Price: $840,000
Active Listings: 28
Petrolia:
5 sold - 1 conditionally sold
Average Sale Price: $400,000
Active Listings: 5
Corunna:
5 sold - 2 conditionally sold
Average Sale Price: $560,000
Active Listings: 14
St. Clair Township (excluding Corunna):
12 sold - 3 conditionally sold
Average Sale Price: $552,000
Active Listings: 27
