Low inventory continues to shape Sarnia-area real estate market
With the number of sales staying flat in September, a continuing rise in home prices was the reason for a boost in the overall value of those sales in the…
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With the number of sales staying flat in September, a continuing rise in home prices was the reason for a boost in the overall value of those sales in the…
SARNIA, ONT. -- Frustrated big-city home buyers may want to look to the west to Sarnia-Lambton for a deal and more choice. The region known for its chemical plants, but also its shoreline and access to the U.S., is a bit of an oasis in real estate. Granted, just like everywhere else, prices here are rising, and listings remain limited. But, the situation is vastly improved when compared to most Ontario centres. Here, the average home is selling for about $430,000. That is a big saving for say a Londoner looking to move, according to Rob Longo. He is the president of the Sarnia and D...
Author of the article: Paul Morden Publishing date: Mar 04, 2021 • March 4, 2021 • 2 minute read • Leon MacLeod, with Custom Stone, is shown working on construction of a new house at Ferdinands Crescent in Sarnia. February was another strong month for real estate sales in the Sarnia area, according to the Sarnia-Lambton Real Estate Board. Photo by Paul Morden /The Observer Article content Temperatures were cold in February, but the Sarnia area’s real estate market remained hot, according to the Sarnia-Lambton Real Estate Board. The median sale price in the area reach...