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2095 Mount Carmel Drive, North Middlesex ~ Vacant Lot In The Countryside!

Area Market Shows Resiliance with uncertain economic times

 The London and St. Thomas Association of REALTORS® (LSTAR) has released its May 2025 residential market report, reflecting a market in transition amid broader economic pressures, including the ongoing impact of US tariffs.

In May, 722 homes were sold—a 15.4% decline from May 2024. Meanwhile, new listings rose 15.3% to 1,999, and active listings climbed 26.5% to 3,253, offering buyers a wider selection of properties.

“The increase in listings is encouraging for buyers,” said Dale Marsh, 2025 LSTAR Chair. “However, economic uncertainty, particularly from US tariffs, continues to influence market behavior.”

The average home price reached $656,432, up 1.4% year-over-year, signaling steady demand. Inventory levels also rose, with 4.5 months of supply, pointing to a more balanced market.

“Despite softer sales, the market remains resilient,” Marsh added. “Rising inventory and stable prices suggest opportunities for both buyers and sellers. Staying informed and adaptable is key in this evolving landscape.”

Overall, the region’s real estate market is adjusting to shifting conditions, showing signs of stability and adaptability in the face of external economic challenges.

The PEDLAR Team Update ~ June Newsletter

 

The Summer BUZZ Is Here! ENTER TO WIN: 4 Grand Bend Speedway Go Kart Passes We deeply apologize for not getting our MAY newsletter out! We got busy with work and life and that's the excuse I'm sticking with. I want to make this up to you by delivering one of our best newsletters yet with some incredible announcements. Hold on to your hats because this is going to be action packed! FIRST UP: Who wants to win some family fun at the Grand Bend Speedway Go Kart Track!?!? The Grand Bend Speedway Go Kart Track is open daily and is a whole lot of fun for all ages. They have a couple side by side karts for younger ones to ride with an adult and experience the thrill. They are situated beside the Grand Bend Drag Strip just 2KM outside of Grand Bend heading towards Parkhill. Go follow them on facebook to keep up with what is going on over there. They have lots of exciting races to watch an event space for different things!  To enter all you have to do is reply to this newsletter with an answer to this question: What is your favourite thing about Grand Bend? Keep scrolling down to find out more exciting news ... We are never to busy to talk real estate so give us a call today at 519-238-5700! The PEDLAR Team Proudly Presents Grand Bend Summer Sunset Sounds Concert Series 2025   You are the first to see this lineup for 2025 below! Our incredible group of loyal subscribers will have information that no one else has at this very moment the newsletter is being sent out. Doug, Mark & Garrett Pedlar are proud to be the presenting sponsor for the second year in a row of the incredible Grand Bend Summer Sunset Sounds Concert Series. Glen Baillie and team do an incredible job putting an impressive lineup of artists together to play on the Rotary Community Stage on the main beach in Grand Bend. The best part is that these are all FREE concerts to attend and include 7 Sundays of incredible music and entertainment starting at 7pm from July 6th to August 24th. Bring a lawn chair and don't miss this amazing lineup! We always have a tent up and their is a good chance we are never far away so make sure to say hello!   The PEDLAR Team CMN Bruce Trail Hike Update   The action packed newsletter continues with an update from our hike in May ... We have the most incredible group of friends, family, community members and so much more! After the first phase of our hikes we are already well on our way of reaching our $15,000 goal for 2025. We have already raised well over $10K in support of the Children's Health Foundation part of the Children's Miracle Network! This first of two phases for 2025 we hiked the hardest section of the Bruce Trail which was the Beaver Valley section. This section comes with nearly 4,800 meters of elevation gain in just 117 KM! We were able to crush this all in 4.5 days of hiking in thankfully the nicest stretches of weather we had this Spring! Mom, Jeannette Pedlar, is the real superhero here at her age making this all happen and doing it with a smile on her face. Dad, Doug Pedlar, is the second superhero because without him this would all be way more difficult because he's the man making every meal, behind the wheel for all the pickups/dropoffs and catering to our needs from more powder to hot coffee at lunch. Myself, Garrett Pedlar, is just there to make sure you folks at home can follow along for the ride and experience some of the incredible beauty we witness on our travels of the Bruce Trail. We were so lucky to have lots of folks come and join us on the trail including fellow RE/MAX Agents, friends and most importantly Chloe, Chesney and Charlotte pictured above. It was another amazing experience on the Bruce Trail and this all wouldn't be the success it is without your gracious donations. We will keep you posted in August when we start the donation train up again for phase two of 2025 in September! Community Events Happening In June   I absolutely love this time of year as the weather improves and all our community groups are full steam ahead with their events. I have three posters below of events but I know there are others so keep an eye on our social platforms where we will share events as they are approaching. Really excited for the Grand Bend Beachfest hosted by the Grand Bend Optimist Club and The PEDLAR Team is the sponsor of the Kids Zone again! We had so much fun last year seeing the young families out having free entertainment that we couldn't not join in on the fun again. It is a day of so much action from sun up to sun down so make sure to check it out. From a volleyball tournament on the beach to kids zone with large inflatable games and arts zone to karaoke contest to junior band contest to live  entertainment and beach house 19+ bar it really offers something for everyone. Everything is FREE  to enjoy besides the 19+ beverages and food.  Ipperwash Lakefront 78' Frontage 6388 West Parkway Dr, Lambton Shores NOW LISTED AT $1,150,000   LAKEFRONT PARADISE ALONG THE SHORES OF LAKE HURON WITH 78 FEET OF LAKE FRONTAGE! Don't miss the incredible opportunity to own this spacious 3/4 acre lakefront property in Ipperwash of Lambton Shores. You don't need to travel outside of Canada to enjoy some of the world's most beautiful beaches. This stretch of Lake Huron coastline in Ipperwash is well known for its long stretch of soft sand and shallow waters perfect for all ages including the little ones. With 78' of frontage at the lake side and a depth over 400' there is lots of space to create your own family memories on Lake Huron. There is a charming three season cottage that was nicely updated to enjoy and create those memories. The centre living room is the focal point that exudes character with exposed wood beam ceilings, wood fireplace and rustic wood floors. Updated sliding door to back deck lets lots of natural light in. Opens up to the lakeside den with a wall of windows and door to lakeside deck. Existing cottage offers three bedrooms that all offer updated pine shiplap walls of which two are lakeside with walls of windows. The kitchen offers updated cabinetry, countertops and backsplash. Services for future home include gas at the road, septic system for sewage, municipal water servicing current home, hydro servicing current home and internet/communications servicing current home. Most interior/exterior furnishings along with appliances are included. Move in today and quick possession available because cottage season is here!         Click the link to watch the virtual tour: https://www.youtube.com/watch?v=P2VwvesRSWo Spectacular Home On 1 Acre Property 8437 Goosemarsh Line, Lambton Shores Listed at $1,279,900   Custom built modern bungalow on a one acre lot surrounded by nature near the Pinery Provincial Park. Drive through the tree lined driveway and your greeted with your new home built in 2021 by Nicholson Builders. Great curb appeal with the landscaped gardens and flagstone walkway leading to the covered front entrance and front porch seating area. Inside, you have a 1742 sqft open concept design with well appointed finishes and flowing with natural light featuring engineered hardwood floors throughout the main floor. Step inside the front foyer and you feel the warmth of the space that invites you in and makes you feel at home. As you enter the living room you will notice the coffered ceilings above and a stone feature wall around the gas fireplace. The kitchen features quartz countertops on two tone cabinetry, large island with waterfall countertop edges, herringbone patterned tile backsplash and stainless steel appliances. Spacious eating area off the kitchen and living room with large windows overlooking the back yard and access to the covered patio. Main floor primary bedroom suite with walk in closet and beautiful ensuite that includes a double vanity and tile shower. The main floor also includes his and her separate offices that border the front foyer overlooking the front entrance or easily include a guest room on the main floor as both offices have full closets. There's an additional full bathroom off the main living space and a mudroom with laundry as you enter from the 22'x24' double car garage. Full finished basement with large family room that features and electric fireplace, 3 bedrooms for kids and guests or crafts, full bathroom, workshop for the handy person and lots of storage in the utility room. Entertain friends in your private back yard as you enjoy the 18' x 14' covered back patio with vaulted ceilings and pot lighting overlooking the tree lined natural setting and flagstone walkway leading to your armour stone firepit. BONUS: GENERAC Generator!         Click the link to watch the virtual tour: https://www.youtube.com/watch?v=DMkZz3hC-Sg   Luxury Amongst Private 1.3 Acre Setting 10441 Pinetree Drive, Grand Bend Listed at $1,450,000   Private setting on 1.3 acres in Huron Woods just steps to the sandy beaches of Lake Huron in Grand Bend. Drive up the winding gravel drive to this spectacular private setting with 3800 sqft of living space with 4 beds, 3 1/2 baths and fully finished basement with double car garage. Surrounded by mature trees the home is nicely landscaped with flag stone walkways, armor stoned lined driveway, stone front steps to a trellis covered front patio, perennial gardens, sprinkler system, wood siding with stone feature wall and outdoor shower. The back yard is the perfect spot for entertaining with 1000 sqft of patio space. Relax in the covered gazebo as you hear the waves of Lake Huron in the background. Inside the home you have a large open concept main floor with vaulted ceilings flowing with lots of natural light and engineered hardwood flooring throughout. Updated kitchen with granite countertops and diamond shaped tile backsplash with a large picture window overlooking nature from the sink. Eating area off the kitchen with patio doors to the back yard deck. The living room has a wall of windows overlooking the back yard, skylight and a two-story stone wood fireplace feature. The primary bedroom suite with shiplap feature wall includes a 11x7 walk in closet with built in closet system and gorgeous ensuite bathroom featuring a tile shower, soaker tub and double vanity. Main floor den with French doors overlooking the front yard is a great spot to work from home. Main floor includes a guest bedroom and full bathroom. Upstairs features two large bedrooms and a full bathroom for the kids. Fully finished lower level is a large family room with gas fireplace; lots of room for the pool table, media room, games room or craft area. A large laundry room with powder room and an unfinished storage area finish off the home. Huron Woods association has tennis courts, clubhouse, playground and canoe storage along the Old Ausable Channel. **EXTRAS** Private setting just steps to the beach       Click the link to watch the virtual tour: https://www.youtube.com/watch?v=oVMgsM9bJw0 Looking For An Agent Outside Of Our Coverage Area? Just Ask Us!   Looking to move outside of the area and not sure who to call? As always call The PEDLAR Team with any of your real estate needs! We are closely connected with a group of realtors that cover Southwestern Ontario. Along with our involvement in the RE/MAX community we are sure to line you up with a trusted knowledgeable real estate agent to make your plans a reality anywhere in Ontario, Canada, North America, or the world for that matter because RE/MAX is global! Get Your 2025 Grand Bend Locals Card!   Support Local With Your GRAND BEND Locals Card It is the hope that this card will encourage you to choose local businesses, more often. They've been quietly adding new businesses, new offers and TWICE as many draws! As lovers of Grand Bend, we need to stick together and keep our businesses OPEN. These Local businesses who are unable to provide specific offers, have stepped up to help provide MORE CARDHOLDER Draws! More Draws = More Winning & More Local Spending. Let's support them, for all they do to support our community.   Click the link to see more information: https://grandbendlocals.com/ Social Media   Have a great day everyone and don't forget to check out our social media sites like instagram, youtube, facebook and our website to stay up to date on all the latest listings. You can find the links to these various social media outlets above our information below. See the benefits of using a high quality drone and camera for videos and pictures to add content to each listing. Give us a LIKE/FOLLOW ON FACEBOOK by clicking the link below: https://www.facebook.com/thepedlarteam Or Give us a FOLLOW ON INSTAGRAM by clicking this link: https://www.instagram.com/thepedlarteam.remaxgrandbend/?hl=en We love to hear about your experience with The PEDLAR Team so please feel free to leave us a FIVE STAR GOOGLE REVIEW by clicking the link below: https://g.page/r/Cew24KUHRF64EAI/review

If you or any of your friends and family are looking to buy or sell make sure to call us first! Referrals are the greatest compliment Check our website out by clicking the link below http://www.grandbendrealestate.com  Doug Pedlar      Mark Pedlar     Garrett Pedlar      Broker of Record                         Broker                        Sales Representative   519-902-4099    519-670-0746      519-872-0910  remaxdoug@hay.net          remaxmark@hay.net           garrett@grandbendrealestate.com

Community Profile ~ Grand Bend Community Food Pantry