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Sarnia

More homes starting to sell

Real estate activity in Sarnia-Lambton has started to pick up with listings favouring value-conscious home buyers.

The Sarnia-Lambton Association of Realtors said 170 properties were sold in June, representing a five per cent increase compared to the same time last year.

Association President April Barnard said June's market suggests that the delayed spring market noted in May has begun to materialize.

The average sale price for homes sold last month was $548,700, which is down 4.3 per cent compared to June 2025. Meanwhile, the median sale price decreased three per cent to $490,000.

"Although average sale prices were modestly lower, the sales-to-new listings ratio of 48.6 per cent reflects a balanced market where buyers remain active but continue to be selective and value-conscious," said Barnard.

There were 350 new listings in June, representing a 0.6 per cent increase compared to the same time last year. The month ended with approximately 649 active listings in Sarnia-Lambton.

A recent report from the Municipal Property Assessment Corporation (MPAC) notes an increase in the number of homes valued at under $500,000 being placed on the market in Ontario, something being seen locally as well.

"Definitely the lower-end homes are selling quicker than even mid-range to higher-end homes," Barnard said.

Meanwhile, bungalows remain the most sought-after.

"Seventy bungalows sold in June, 32 two-stories, and then it goes down from there," Barnard said. "Bungalows are definitely the most popular type of home, although they're not usually in the lower priced price range."

Overall, Barnard said June's results show a stable and balanced market that's leaning slightly in favour of buyers.

"As we head into the summer, we'll be watching to see if this momentum continues," she said.

"We're half-way through the year and 739 homes have sold this year, that's down nine per cent compared to the first six months of 2025," Barnard continued. "Dollar volume is down 11.4 per cent while new listings have increased by 1.5 per cent, providing buyers with more choice this year." 

Homes are also spending a little more time on the market, now at 25 days.

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