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

July Sarnia Market Report — Homes Selling Faster

12
Aug
no Comments In Market Reports

This summer has remained very strong for home sellers which caught me by surprise.  Due to the spring market setting records I believed the summer market would slow down and not set new highs.  Boy was I wrong.  This strength seems to be continuing into August then we will have a couple week breather for back to school time before we get into our next strongest season in the Fall.

Real Estate Activity for July 2014 vs July 2013

In July of 2014, there were 193 homes sold in Sarnia, Ontario. Up 19 from 2013, as there were 174 homes sold in July of last year. An increase of 10.9%.

The average list price for homes sold in July of 2013 was $208,979.

The average list price for homes that sold in July of 2014 was $209,096.

A difference of $117.

The average sale price for homes that sold in July of 2013 was $204,995.

The average sale price for homes that sold in July of 2014 was $203,390.

A decrease of 0.8% from 2013

The Average days on the market for homes that closed in July 2013 was 59 days

The Average days on the market for homes that closed in July 2014 was 50 days

Homes are selling 15.3% 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, no-strings attached Sarnia Home Value Report.

If you’re looking to buy, have a look at current listings here: Sarnia MLS listing.

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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