May 2021 Housing Market Update for Sarnia-Lambton
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May had 370 listings active and 221 sold for a total of around $102 million in sales volume. Compare this to May 2020 where we had 121 sold homes that totaled just under $41 million dollars in revenue.
May had an average of 14 days to sell, vs last May where it took an average of 26 days to sell. The average sale price was around $467 thousand dollars, vs $348 thousand in May 2020, which is a 34% increase in price.
45% of those sold were in the $200,000 to $400,000 price range, and the average listing price was $453 thousand dollars.
8 homes sold for under $200,000.
92 homes sold in the $200,000 - $400,000 dollar price range.
66 homes sold in the $400,000 - $600,000 thousand dollar price range.
52 homes sold above $600,000 dollars.
Stat breakdown by area:
âž¡ï¸ Point Edward had 2 homes sold, having an average sale price of $285 thousand dollars, and it has zero active listings.
âž¡ï¸ College Park had 2 homes sold for $480 thousand dollars, and there are zero active listings.
âž¡ï¸ Sherwood Village saw 4 homes sold, and they had an average sale price of $446 thousand dollars and there is 1 active listing.
âž¡ï¸ Heritage Park had 3 homes sold, having an average sale price of $580 thousand dollars and there are 10 active listings.
âž¡ï¸ Coronation Park and the Tree Streets had 10 homes sold, having an average sale price of $375 thousand dollars and there are 2 active listings.
âž¡ï¸ Cardiff Acres had 6 homes sold, having a sale price of $380 thousand dollars and currently there is 1 active listing.
âž¡ï¸ Guthrie Park had 2 homes sold, having a sale price of $450 thousand dollars, and there are 2 active listings.
âž¡ï¸ High Park had 8 homes sold, averaging 360 thousand dollars in price, and there is 1 active listing.
âž¡ï¸ The Northgate Area saw lots of sales, with 8 homes sold, having an average sale price of 365 thousand dollars, and there are 6 active listings there right now.
âž¡ï¸ Downtown Sarnia, including condos, saw 4 properties sold, having an average sale price of 263 thousand dollars and there are 4 active listings.
âž¡ï¸ Mitton Village saw 5 homes sold, and their average sale price was $313 thousand dollars. There are 5 active listings currently.
âž¡ï¸ South Sarnia had some great action 19 homes sold, with an average sale price of $305 thousand dollars and you’ll find 4 active listings there.
âž¡ï¸ The Rapids Parkway saw 3 homes sold, having an average sale price of $770 thousand dollars and there are 1 active listing.
âž¡ï¸ Twin Lakes had 8 homes sold, having an average sale price of $688 thousand dollars. And you’ll find 1 active listing there.
âž¡ï¸ Wiltshire Park had 3 homes sold, having an average sale price of just above $600 thousand dollars and there are 2 active listings.
âž¡ï¸ Woodland Park & Oak Acres had 14 homes sold, having a sale price of $450 thousand dollars and there are 4 active listings.
âž¡ï¸ Woodrow Beach, Wees Beach & Oakwood Corners had 8 homes sold, having an average sale price of $600 thousand, and there are 3 active listings.
âž¡ï¸ The Blackwell area saw 3 homes sold, having an average sale price of $1.3 million dollars and there is 1 active listing.
âž¡ï¸ Bright’s Grove saw 11 homes sold, having a sale price of $595 thousand and there are 6 active listings.
âž¡ï¸ Plympton-Wyoming saw 9 homes sold, with their average sale price being $690 thousand dollars and there are 18 active listings.
âž¡ï¸ St. Clair Township saw 25 homes sold, having an average sale price of $490 thousand dollars and there are 25 active listings.
