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

May Sarnia Market Report – Sale Prices up 6.9% in the Last 30 Days!

9
Jun
no Comments In Market Reports

It’s time for the market report for the month of May. Just in time, as the Blackburn News posted a story earlier today titled:

Sarnia Housing Starts Doubled In May

The market is picking up, sale prices are up 6.9% from last month! In this post, I will compare last month’s numbers with May of 2013’s numbers.

Real Estate Activity for May 2014 vs May 2013

In May of 2014, there were 190 homes sold in Sarnia, Ontario. This is an increase of 29 homes, as there were 161 homes sold in May of 2013, an increase of 18% from last year.

The average list price for homes that sold in May of 2013 was $212,861.

The average list price for homes that sold in May of 2014 was $229,422.

An increase of 7.8% from 2013

The average sale price for homes that sold in Mayof 2013 was $204,468

The average sale price for homes that sold in Mayof 2014 was $219,581

An increase of 7.4% from 2013

The Average days on the market for homes that closed in May 2013 was 51 days

The Average days on the market for homes that closed in May 2014 was 53 days

Homes are selling 3.9% 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.

If you’re looking to buy, have a look at our: 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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