Sarnia Real Estate Statistics

Sarnia real estate average sold price in the last 30 days (January 21 - February 19) was $545,000, which is $206,300 (37.9%) higher than the average price of $338,700 in the previous 30 day period (December 22 - January 20), and $135,693 (24.9%) up from the same period 1 year ago ($409,307). Sarnia real estate prices over the last 30 days are also $85,299 (15.7%) higher than the average selling price of $459,701 over the past year.

Sarnia average sold price for homes was $545,000 in the last 30 days (January 21 - February 19), which is $158,500 (29.1%) up from the average home price of $386,500 in the previous 30 day period (December 22 - January 20), and $121,033 (22.2%) higher than the same period 1 year ago ($423,967). In the last 30 days Sarnia the average home price was $59,118 (10.8%) higher than the average selling price of $485,882 over the last 12 months.

Average selling price for Sarnia real estate was $545,000 in the last 30 days (January 21 - February 19), which is collectively $24,366 (5.0%) lower than the average asking price of $492,182. This represents an increase of $65,864 (73.0%) compared to $90,230 (18.4%) Sold-Under-Asking price from the previous 30 day period (December 22 - January 20).

The maximum Sold Over/Under Asking ratio in Sarnia during the last 12 months was recorded in December, 2024 with an average of $8,100 under the asking price, while the minimum occurring in January, 2025 with $72,721 below the asking price.

Sales to New Listings Ratio (SNLR) represents the number of sales in relation to new inventory listed over a period of time. SNLR for all property types in Sarnia was 52.9% with 9 properties sold and 10 new properties listed in the past 30 days (January 21 - February 19). This represents a decrease from 100.0% recorded during the previous 30 day period (December 22 - January 20), and a decrease from 6,775.0% compared to the same period one year ago.

Over the the last year the highest SNLR in Sarnia was 225.0% recorded in April and the lowest was in November at 35.7%. SNLR of under 40% generally represents the Buyers' Market, while 60% and above - the Sellers' Market, with 40% to 60% range signaling a balanced market.

The Average Days on the Market (DOM) for 9 properties that were successfully sold in Sarnia in the last 30 days (January 21 - February 19) was 45 days, which is 0 days more than 45 days average in the previous 30 day period (December 22 - January 20) and 7 days longer than during the same period a year ago (38 days).

There were 16 delisted properties in Sarnia, those that got either Expired, Suspended or Terminated over the last 30 days (January 21 - February 19) with an average of 90 days on the market. This is 1 days shorter than the average of 91 days during the previous 30 day period (December 22 - January 20) and 24 days more compared to the same period last year average of 66 days on the market.

16 Sarnia properties that didn't sell stayed on the market 100.0% longer than 9 that sucessfully sold over the last 30 days - 45 days when sold vs 90 days when delisted respectively.

Average Days on the Market in Sarnia over the past 12 months for properties that have sold was 40.2 days, with 90.1 days for those properties that did not sell.

17 new properties were listed on the market in Sarnia in the last 30 days (January 21 - February 19). During the same time 9 properties were sold and 16 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 8 properties (or 47.1%).

During the previous 30 day period (December 22 - January 20) there were 10 new properties listed, 10 sold and 27 properties that did not sell and were removed from the market.

Over the past year the busiest month for new listings was May with 19 new properties listed, the slowest - June with 8 new listings and a yearly average of 13 new listings per month.

There were a total of 16 homes listed during the last 30 days (January 21 - February 19), which is 94.1% of all properties listed in Sarnia. This is a 77.8% increase compared with a previous 30 day period (December 22 - January 20) and 300.0% up from the same period a year ago. Over the past year an average of 11 homes are were listed per month.

There were a total of 9 homes sold during the last 30 days (January 21 - February 19), which is 100.0% of all properties sold in Sarnia. This is a 12.5% increase compared with a previous 30 day period (December 22 - January 20) and 96.3% down from the same period a year ago. Over the past year an average of 12 homes are were sold per month.