Sarnia-Lambton Real Estate Board President Jane Baker (BlackburnNews.com photo by Jake Jeffery)Sarnia-Lambton Real Estate Board President Jane Baker (BlackburnNews.com photo by Jake Jeffery)
Sarnia

Record Year For Real Estate Sales Expected

Sarnia-Lambton is on track to set an all time record high in real estate sales this year.

Dollar volume already has surpassed $344-million, about $182,000 short of last year's total, and $5.7-million less than the 2007 record of $349.9-million.

Real Estate Board Vice President Jane Baker says October sales were the best ever for that month topping $33-million, with increased activity in the $350,000-$400,000 range.

[audio mp3="http://blackburnnews.com/wp-content/uploads/2014/11/Oct-Real-estate-one.mp3"][/audio]

161 properties sold last month, up 21 per cent from 2013.

The average sale price so far this year is $220,000 compared to $203,000 last year.

Read More Local Stories