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Excitement About Sarnia-area real estate market played 'catch up' in July

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Sarnia-Lambton real estate market eyes all-time high - Cornwall  Standard-FreeholderSarnia Real Estate - Condos and Homes for Sale in Sarnia, ON - HomeFinder.ca


The Best Guide To Sarnia Estate and Homes for Sale


Article content March's 4. 1 per cent increase in property listings in Sarnia and the rest of Lambton County was a welcome indication for its long-running seller's market. Short article material "We are seeing more listings end up being available," Rob Longo, president of the Sarnia-Lambton Property Board, said about the local market's March data.


" That's a great trend," Longo said. "If we can see the variety of brand-new listings continue to trend up, that will help to reduce some of this pressure from the marketplace." Like other markets across the nation, the Sarnia location has numerous purchasers and a low variety of listings. The existing variety of homes readily available for sale in Lambton beinged in March at 0.


" We 'd actually like to see it at three to four months" of stock, Longo said. Related Source Here of active local property listings sat at 112 in March, which is down about 70 per cent from 2016 when the community was experiencing a more "balanced" market, he said. Last month, local houses were selling for 106 per cent of their asking cost and rested on the marketplace for only about 8 days.


Excitement About 8 Properties and Homes For Sale in Sarnia, Pinetown


In March 2019, it was 17 days.

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