Robust Growth in December
Posted by Brian VanBart on
The London and St. Thomas Association of REALTORS® (LSTAR) is pleased to announce the latest real estate market statistics for December 2024. The market has shown robust activity, with a significant number of homes exchanging hands and a healthy influx of new listings. Year end statistics point towards positive increases from the year before.
Key Highlights for December:
- Homes Sold: 392, reflecting a 2.6% increase from December of 2023.
- New Listings: 533, marking a 17.9% rise compared to the previous December.
- Average Sale Price: $636,667, up by 2.3% over the same period in 2023.
- Active Listings: 2,198, showing a 17.9% increase from December of 2023.
LSTAR Chair Kathy Amess said, “We are pleased to report positive momentum in the…
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