Thursday, September 9, 2021

Best August for St. Thomas Home Sales, LSTAR Apartments

925 homes traded hands last month via LSTAR's MLS® system, marking the second best August for home sales since LSTAR started tracking data, back in 1978. However, the pace of sales was slower than in August 2020, with the median number of days spent by a home on the market sitting at 9, compared to only 8 days last year.

"The number of August residential transactions decreased by 4.3% over the same period last year, but, despite this slight change of pace, average and benchmark prices continued to climb," said 2021 LSTAR President Jack Lane. "The overall average home price in LSTAR's jurisdiction for August 2021 was $620,002, and the composite benchmark price - $586,800. These increases were undoubtedly caused by the very low housing supply and the sky-high demand," he added.

"Beside prices, when analyzing the market activity in LSTAR's five main regions, we are also looking at the Sales-to-New-Listings ratio recorded in each region. The higher this ratio is, the more that region favours Sellers," he pointed out. "Currently, all LSTAR's regions are firmly anchored in Sellers' territory, with London seeing the highest ratio - 94.6%, followed by St. Thomas - with 90.1%," he emphasized.

In total, LSTAR saw 1,020 new listings last month, 1.4% less than in August 2020. The overall number of months of inventory continued to decrease, reaching a new record low at the end of August: 0.6. "This means that, at the current rate of sales activity, it would take less than a month to liquidate the entire existing housing inventory of LSTAR," Lane explained.

Friday, September 3, 2021

September Newsletter ~ The PEDLAR Team Update


Summer Isn't Over Until We Say It's Over!


September is often the nicest month of weather in our area and thankfully many businesses stay open to make it that much more enjoyable! We still have Labour Day Weekend to enjoy before the inevitable of kids going back to school and family routines created. Looking back on our second summer with the five letter 'C' word in the world it is still blowing us away with what the amazing people in our area do to make sure everybody is looked after. This goes from our plumbers, electricians, carpenters, business owners, hospitality sector, volunteers & so much more! We are proud to be a part of this amazing community even during the trying times that we have experienced the past 18 months. You all deserve a big pat on the back! We were even lucky enough to have the Sunset Concert Series entertain us for the past four weeks at the Rotary Community Stage on the Grand Bend Beach (pictured above).

We hope everyone has a great Labour Day Weekend!

We are never far from our phones if you have any questions about real estate. Call The PEDLAR Team today for all your real estate needs at 519-238-5700!

Paint Ontario At Lambton Heritage Museum
September 3 - 26


Don't miss this amazing show of art for it's 25th annual show at the Lambton Heritage Museum just south of Grand Bend. This show allows for artists across Ontario to show off their talents and even have the opportunity to win prizes. If you are looking for the next great piece in your home then don't miss this great chance to get a piece from an ontario artist. I know we mention the amazing volunteers we are lucky to have in our area but this art show takes a full team of volunteers working countless hours for this show to go off without a hitch so a big thank you goes out to this group of volunteers!

Check out the website to find all the details:

It's Your Right To Vote ~ Federal Election


Don't think for a second your vote doesn't matter! They all matter so make sure you get out and vote in this federal election! Do your research and make an educated vote with what you think is the right choice. 

Find out all the information about voting by clicking the link:

Another Local Showcase
Grand Bend Studio Tour
Art, Eats & Beats Tour

Another awesome group of volunteers and businesses are excited to announce that the studio tour will take place on Sep 11-12th this year. Covid safety protocols will be in place at each location. Masks are required.

The artists, chefs and musicians are eager to show you what they have been working on during this long pandemic. The tour is free, with the exception of the Paint Ontario show. The tour can be done in any order throughout the weekend. 

Click the link for more information:

8803 Timberwood Trail, Lambton Shores
Listed at $299,900

Prime 3/4 acre building lot in Deer Run backing onto Goosemarsh Line. Situated among the mature trees of the Carolinian forest near the Pinery Provincial Park. 98' of frontage with 340' of depth. Municipal water, gas, hydro, high speed internet available. Septic tanks required. Close to Grand Bend, Port Franks and just a short commute to London or Sarnia. Come build your dream home in a nicely treed setting close to the Pinery Park today. Environmental species at risk impact study done so you can build your dream home today!

Click the link to watch the virtual tour:

26 Ontario St S, Grand Bend
Listed at $975,000

Well established restaurant in the beach side community of Grand Bend comes complete as a turnkey opportunity including the building, land and business with all the fixtures and chattels. Year round location along Highway 21 backing onto the Ausable River with 66’ of docking and onsite parking. 1400 sqft main floor is home to the Riverbend Pizzeria voted the best Pizza in Grand Bend 2 years in a row. Licensed for 40 people with a 620 sqft eating area featuring lots of windows, wood flooring, bar and servers area. Two updated washrooms. Kitchen was updated in 2018 with new walk in cooler, updated equipment, more space and new 5.5 tonne AC / Heater. Restaurant is heated with forced air gas / AC new in 2020. Upstairs you have an updated 500 sqft one bedroom one bathroom apartment with a 21’ x 11’ patio area currently rented. Great opportunity to invest in the growing community with an established name.

Click the link to watch the virtual tour:

Call Us Today For More Information

10340 Live Oak Crescent, Grand Bend In Southcott Pines
Listing at $1,199,000                   4 Bedrooms        3 Bathrooms

Beautiful home with over 3,000 square feet of finished space built by Steeper Construction in 2001 offering lots of privacy with short walk to the beach.

10118 John Street, Grand Bend in Pinedale Subdivision
Listing at $850,000                        4 Bedrooms         3 Bathrooms

Riverfront home on Old Ausable River offering over 2,600 square feet of finished space with double car garage and lower level walkout.

Ausable-Port Franks
Optimist Club Fundraiser


Check out below for the great prizes and come on in to our office at 46 Ontario Street South in Grand Bend for tickets! Support another amazing group of volunteers raising money for youth initiatives in the area!

Get Your 2021 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:

Ontario Regional Referral Team

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 North America, or the world for that matter because Re/MAX is global!

Check out the website for ORRT and learn more about the group:

Lambton County & Huron County
Business Map


A new initiative started by the Lambton County & Huron County Economic Development groups was uploaded recently. They each created a virtual mapping website to show all the businesses and store fronts across the counties. These were created as an idea during COVID and will become a great tool for locals and tourists alike after COVID. Any business can be posted in the respective area if you go to the proper link below for each county. 

Lambton County:

Huron County:

New To Lambton Shores?

The municipality of Lambton Shores is starting a new initiative of making municipality information easier to find out. Check the link out and see what things you didn't know about this awesome municipality. 

Click the link:

Social Media
Have a great day everyone and don't forget to check out our social media sites like youtube, facebook, twitter 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 ON OUR FACEBOOK PAGE BY CLICKING THE ICON BELOW!

We love to hear about your experience with The PEDLAR Team so please feel free to head to our facebook page and leave a review.

Click the link to leave a 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

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 Doug Pedlar      Mark Pedlar     Garrett Pedlar 
    Broker of Record                         Broker                        Sales Representative
519-902-4099    519-670-0746     519-872-0910