LSTAR Region Continues to break Records
LSTAR home sales have achieved a new record for the second month in a row this year, with 752 homes being sold in November, the best November ever on record.
“We had another solid month, demonstrating the robust marketplace all across the region” – Earl Taylor 2019 LSTAR President.
The sales to new listings ratio within the organization’s jurisdiction was 90.7%, which represents a seller’s market. Several regions saw the sales to new listings ratio raise even higher than 100% as well, including London East, which saw an increase to 105.6%.
The overall average home price for a home within the LSTAR region was $416,116 this month – up 10.6% from November 2018.
| Area | November Average Sale Price |
| Elgin County | $417,206 |
| London | $426,887 |
| Middlesex County | $514,016 |
| St. Thomas | $327,731 |
| Strathroy | $400,727 |
| LSTAR | $416,116 |