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Uncategorized Market Watch for Oct 2024 Market Shows Resilience with Increased Sales in October The London and St. Thomas real estate market has shown encouraging signs of growth and stability in October 2024. Sales activity notably increased, with 661 transactions recorded, up from 526 in October 2023. This represents a significant recovery from the previous year and highlights the market’s resilience. […]
Aug 2024 Market Watch LSTAR’S NEWS RELEASE FOR AUGUST 2024 Mixed Results in August The real estate market in the London and St. Thomas area showed mixed results in August. Sales activity declined, with 577 homes sold, marking a 6.0% drop from the same month last year. The average sale price also decreased by 4% to $629,500. However, active […]
July 2004 Market Watch July Market Sees Strong Activity with 604 Homes Sold In July 2024, the real estate market in the London St. Thomas region demonstrated significant activity, with 604 homes sold, as reported by the London St. Thomas Association of REALTORS® (LSTAR). The average home price was $654,593, indicating the market’s pricing trends. Additionally, there were 1,531 […]
Uncategorized June 2024 Market Watch LSTAR’S NEWS RELEASE FOR JUNE 2024 June Market Shows Steady Growth in Housing Prices In June 2024, the real estate market in our region saw significant fluctuations in activity, with 678 homes exchanging hands, according to the latest MLS® statistics of the London St. Thomas Association of REALTORS® (LSTAR). The average price of a home […]
Market Watch for May 2024 LSTAR’S NEWS RELEASE FOR MAY 2024 May Housing Market Remains Stable The local housing market continued its steady streak in May, with 774 homes exchanging hands via the MLS® System of the London and St. Thomas Association of REALTORS® (LSTAR). Housing supply showed signs of market stabilization, with three months of inventory in May, unchanged […]
March 2024 Market Updates LSTAR’S NEWS RELEASE FOR MARCH 2024 Home Prices Continue to Rise in March 636 homes were sold last month via the MLS® System of the London and St. Thomas Association of REALTORS® (LSTAR), 11.3% less than in March 2023. The number of newly listed properties surged from 1,024 in February to 1,233 in March, marking […]
April 2024 Market Updates LSTAR’S NEWS RELEASE FOR APRIL 2024 April Shows More Signs of Stabilization In April, 710 homes exchanged hands via the London and St. Thomas Association of REALTORS® (LSTAR) MLS® System, a slight decrease of 2.9% compared to the same month a year ago. Year to date, there have been 2,381 total sales, up 6.1% from […]
Market Watch for Feb 2024 by LSTAR LSTAR’S NEWS RELEASE FOR FEBRUARY 2024 Home Sales, Prices Climb in February 594 homes exchanged hands last month via the MLS® System of the London and St. Thomas Association of REALTORS® (LSTAR), marking a 33.2% increase in sales activity over February 2023. The number of newly listed properties rose from 873 in January to 1,024 […]
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January 2024 Market Watch by LSTAR Home Sales, Listings Take a Leap in January 439 residential transactions were recorded last month via the MLS® System of the London and St. Thomas Association of REALTORS® (LSTAR), 28.7% more than in January 2023. The number of newly listed properties climbed from 386 in December 2023 to 873 in January 2024.   “The number […]
Uncategorized Market updates for December 2023 LSTAR’S NEWS RELEASE FOR DECEMBER 2023 Subdued December Sales Conclude Moderate Year Last month 335 homes exchanged hands via the MLS® System of the London and St Thomas Association of REALTORS® (LSTAR), bringing the total number of residential properties sold in 2023 in our area to 6,717.   “2023 was the year with the lowermost […]
Uncategorized LSTAR’S NEWS RELEASE FOR NOVEMBER 2023 November Sees Lackluster Home Sales 421 homes were sold last month via the MLS® System of the London and St. Thomas Association of REALTORS® (LSTAR), 8.9% less than in November 2022.   “While housing demand is exceptionally high throughout our region and the entire country, the resale data from November appears to indicate that this […]
Uncategorized September 2023 Shows More Signs of Stabilization September Shows More Signs of Stabilization September ushered 1,320 new listings on the local home market, 12.6% more than the same time a year ago. The number of new listings is the highest recorded for September since 2014. “As new listings start to see larger increases, we have moved into a marketplace that shows some […]
Home Sales Taper off in August 2023 LSTAR’S NEWS RELEASE FOR AUGUST 2023 Home Sales Taper off in August Last month, 569 homes exchanged hands via the MLS® System of the London and St. Thomas Association of REALTORS® (LSTAR), 3.2% fewer than in August 2022. During the same period, 1,212 new listings came on the market, 13.2% more than in the eighth […]
House updates for June 2023 LSTAR’s News Release for June 2023 Housing Market Remains Stable The local housing market continued its steady streak in June, with 745 homes exchanging hands via the MLS® System of the London and St. Thomas Association of REALTORS® (LSTAR). Housing supply increased from 1.7 months of inventory in May to 2.2 months of inventory in […]
May 2023 Market Updates Local Housing Market Rebounds In May 2023, 1,397 new listings came on the local market and 846 homes exchanged hands via the MLS® System of the London and St. Thomas Association of REALTORS® (LSTAR). While the number of new listings is 23.9% lower than in May 2022, the number of sales is 1.3% higher than a year ago. LSTAR’s […]
April Market Home Sales Growing Demand and Low Inventory Fuel Home Price Gains In April 2023, 964 new properties came on the market and 723 homes exchanged hands via the MLS® System of the London and St. Thomas Association of REALTORS® (LSTAR). “Since the beginning of 2023 we’ve been noticing steady month-over-month increases in the number of home sales […]
Uncategorized March Market News LSTAR’s News Release for March 2023 Local Housing Market Tightens In March 2023, only 1,079 new residential listings were posted on the MLS® System of the London and St. Thomas Association of REALTORS® (LSTAR). This makes last month the March with the third lowest number of new listings in the last decade. The number of […]
February 2023 Market Watch LSTAR’s News Release for February 2023 Local Home Prices See Modest Growth In February 2023, the MLS® System of the London and St. Thomas Association of REALTORS® (LSTAR) recorded only 436 residential transactions, thus marking the lowest number of February home sales seen by LSTAR since 1995. Despite the sluggish sales, 761 new listings entered […]
December 2022 Market New Release LSTAR’s News Release for December 2022 Quiet December Wraps Up Modest Year 299 residential properties exchanged hands last month in the jurisdiction of the London and St. Thomas Association of REALTORS® (LSTAR), bringing the total number of homes sold through the Association’s Multiple Listing Service® (MLS®) System in 2022 to 7,639. “The last month of […]
Uncategorized LSTAR’s News Release for November 2022 LSTAR’s News Release for November 2022 Local Housing Market’s Correction Continues 451 residential properties exchanged hands last month through the Multiple Listing Service® (MLS®) System of the London and St. Thomas Association of REALTORS® (LSTAR), 44% less than in November 2021. LSTAR Members’ home sales included 336 single family homes, 64 condo townhouses, and 36 […]

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