Remax sarnia realty inc., Brokerage
1319 Exmouth St. Sarnia,
ON, N7S 3Y1

Ryan Gervais

Ryan is a full time Sales Representative with Re/max and look forward to being your guide to the Sarnia Real Estate market
ryan.gervais@sarnialistings.com

April Sarnia Market Report – Prices up 7.4%!

14
May
no Comments In Market Reports

Are you interested in seeing what is happening in the Sarnia real estate market? In this post, I will compare last month’s numbers with April of 2013’s numbers.

Real Estate Activity for April 2014 vs April 2013

In April of 2014, there were 179 homes sold in Sarnia, Ontario. This is an increase of 12 homes, as there were 169 homes sold in April of 2013.

The average list price for homes that sold in April of 2013 was $197,377

The average list price for homes that closed in April of 2014 was $211,294.

An increase of 7.4% from 2013

The average sale price for homes that sold in April of 2013 was $191,026

The average sale price for homes that sold in April of 2014 was $205,444

An increase of 7.5% from 2013

The Average days on the market for homes that closed in April 2013 was 58 days

The Average days on the market for homes that closed in April 2014 was 52 days

Homes are selling 8.3% faster than they were in 2013.

As you can see, now is a great time to sell. If you’re curious to see how much your home is worth, please check out our Sarnia Home Value Report.

Conclusion

What a great month.  Inventory was flying off the shelf’s as I predicted last month.  The built up Buyer demand is going to level off now through the Summer meaning I expect May’s prices to be similar to last years.  Don’t get me wrong April as was a great month but it is not sustainable in our market for very long.  I personally sold 10 homes in April and even fit in a Disney vacation for my family to make up for being away from home almost every evening and weekend!  Now that’s balance!!

If you are thinking of selling you better get your home up on the market before the kids get out of school as things really slow down in the Summer.

Ryan Gervais

Ryan Gervais is a full time multi-award winning agent who is here to help you through your real estate journey. Ryan's main passion is to protect his clients greatest investment by making sure you buy a great house for a fair price. Reach out today and see for yourself the difference a great agent can make.

(519) 381-4055
ryan.gervais sarnialistings.com

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