Mariners Village Pt. Edward (BlackburnNews.com file photo)Mariners Village Pt. Edward (BlackburnNews.com file photo)
Sarnia

Supply Not Meeting Demand In Real Estate Market

Sarnia-Lambton's real estate market is strong but there's still concern that supply isn't keeping up with demand.

171 properties worth nearly $46.3-million sold in April, another ten-year record high for the month.

Real Estate Board President Steve Park says despite the high dollar volume, the actual number of sales for the month was down 13% compared to last year.

"But, that's kind of misleading, because our (MLS) listings are down 13% of the month," says Park. "Basically, it's you've got nothing to sell... then you can't sell it. We're basically the same as we were last month. The sales for the year is only down by 1%. So, I'm very encouraged still with the spring market."

There are currently 279 active listings in the MLS system with 218 being single family homes. 173 were new in April.

"We're still looking for lots of listings and as long as people know where they're going and what they're doing when they do sell, we would certainly love to have them," says Park.

The highest number of residential home sales was 31 sales in the $200,000 to $250,000 range.

The average sale price so far this year is nearly $242,000, compared to $220,000 in 2016.

Read More Local Stories

New military crosswalk rendering. (Image courtesy of the Sarnia Legion Branch 62)

New military crosswalk in Sarnia to be unveiled

As part of a partnership between the Sarnia Legion Branch 62 and City of Sarnia, an unveiling ceremony will be held at the corner of Christina Street and Wellington Street on Sunday, June 7, at 2 p.m.

Members of the Sarnia Police Service entering a Tashmoo Avenue residence on June 4, 2026. (Photo courtesy of the Sarnia Police Service)

Two men arrested in Tashmoo Ave. standoff

Sarnia police said the investigation began on May 29 after the victim was allegedly attacked by acquaintances at a residence near Tashmoo Avenue and Christopher Drive at Aamjiwnaang First Nation.