The latest housing numbers are in from the London and St. Thomas Association of Realtors.
LSTAR reports 864 homes exchanged hands in the region, marking their 2nd best results ever for September, since data tracking began back in 1978.
“In the first nine months of this year, 8,756 homes traded hands in our area, which is an unprecedented total for our September year-to-date figures,” said 2021 LSTAR President Jack Lane.
1,057 new listings came on the local market last month, on par with the values seen in the pre-pandemic years. However, at the end of the month, there were only 628 active listings left – the lowest amount of active listings ever seen by LSTAR in September
In St. Thomas, the average sale price for a home in September 2021 was $526,599 and $613,571 in Elgin county.
This, compared to August, where the average sale price for a home in St. Thomas was $566,320 and $603,624 in Elgin county.
