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