Its time to take a look at where the Sarnia-Lambton real estate market stands as we head into July. Whether you’re buying, selling, or just keeping an eye on things, here’s a breakdown of what happened through June, what trends we’re seeing, and what it all could mean for your next move.

 

 

Market at a Glance

 

The local market continues to show signs of balance, with steady numbers across most key indicators.

 

• Year-to-date home sales: 812 (up 4.2% compared to this time in 2024)
  
  
• Homes sold in May: 156 (149 may last year)
  
  
• Active residential listings: 641 increase of 8.8% from last year

 

• Months of Inventory (MOI): 4.0
  
  

 

Key Stats to Know

 

• Average sale price: $573,000 (5.7% increase compared to last year)
  
  
• Days on Market: 21 (just 1 day shorter than June  2024)
  
  
• List-to-sale price ratio: 97.3 (slightly down from 97.8 last year)
  
  
• Total sales volume: $92.9 million (up 16.5% from last year)

 

 

What does that mean?

 

The market report is showing steady demand across various property types—whether it's a bungalow, two-storey, or ranch-style home. However, with mortgage rates remaining stable, both buyers and sellers are adjusting their strategies:

 

 

Buyers are taking advantage of consistent borrowing costs, helping to keep monthly payments manageable.

Sellers are benefiting from increased buyer confidence, knowing buyers are more likely to be ready and pre-approved.

 

 

This steady environment creates smoother, more predictable transactions for everyone involved.

 

 

More Homes, More Options

 

Compared to last year:

 

• Total sales in June increased by 4%
  
  
• Active listings jumped by nearly 9%
  
  
• Homes are selling faster, averaging just 21 days on the market
  
  

 

This activity points to a healthy, balanced market with strong engagement from both sides.

 

 

Looking Ahead: What’s Next?

 

Experts predict moderate growth in home prices through the rest of 2025—potentially rising another 2–5%. This means:

 

• Buyers may want to act sooner rather than later to lock in current prices.
  
  
• Sellers can feel confident that well-priced homes will continue to attract strong offers.
  
  

 

Tips for Buyers and Sellers

 

Buyers:

• Get pre-approved and have your financing ready to move quickly when the right home pops up.
  
  

 

Sellers:

• Price your home competitively and work with an experienced local agent to attract serious buyers fast.
  
  

 

One Last Thought: Summer Photos

 

If you are thinking you may want to sell at sometime in the next year - lets get your exterior photos done now. Your house looks the best when your grass is green, maybe your pool is open. contact us to get no obligation photos done this summer and we will hold them in case you decide to sell! 

 

 

🗣 What’s Your Take?

 

I'd love to hear your thoughts — drop a comment, or reach out directly if you’re thinking about buying, selling, or just want to get a better sense of your home’s value in today’s market.

 

Sean Ryan
📍 Blue Coast Realty | Sarnia-Lambton
Helping you navigate the market with confidence.