June’s hot weather cooled home sales but Sarnia Real Estate agents say the market is still stronger than last years. 159 properties were sold this June in Sarnia Lambton. May & June tend to be the busiest months but so far in 2012, January & Febuary hold the records for highest sales. Home sales are up 3%. Most homes sold are still in the $100,000-$150,000 range. 2.99% mortgage rates are driving renters to step up & purchase NOW. All you need is a down payment & you could be renting for the same amount you are currently paying. 5 homes over $500,000 were purchased in June, including one over 1 million. With those high sales so far this year, that has driven the average home cost in Sarnia Lambton $203,000.
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Shana Fellows, Sales Rep., EXIT REALTY Twin Bridges, Brokerage, Each Office Independently Owned and Operated, Office Phone: 519-336-3948