Robust Growth in December

 

 

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.