Sarnia-Lambton Association of REALTORS®

Sales up year over year in Sarnia-Lambton during June; active listings stand at decade high

The number of homes sold through the MLS® System of the Sarnia-Lambton Association of REALTORS® totaled 170 units in June 2026. This was up by 4.9% (eight sales) from June 2025.

Home sales were 4.4% above the five-year average and 4% below the 10-year average for the month of June.

On a year-to-date basis, home sales totaled 739 units over the first six months of the year. This was a decrease of 9% from the same period in 2025.

“June brought welcome signs of life to our local housing markets. Sales increased for the fourth consecutive month and were up year over year for the first time since fall of 2025, returning to levels we would typically see at this time of year. Buyers are also seeing more choice, with the number of newly listed homes above the historical norm in June,” said Jeremy Guerette, President of the Sarnia-Lambton Association of REALTORS®. “With sales up and listings nearly flat compared to last year, market conditions moved closer to balanced but remained tilted in favour of buyers. Pricing remains uneven, with the MLS® HPI Composite Benchmark Price easing both from last month and from last June, partly due to weakness in the one-storey home category. In related news, the Ontario government awarded Sarnia $400,000 through the Building Faster Fund for exceeding its housing targets for the third consecutive year.”

The MLS® Home Price Index (HPI) tracks price trends far more accurately than is possible using average or median price measures. The overall MLS® HPI composite/single-family benchmark price was $491,000 in June 2026, down modestly by 3.9% compared to June 2025.

The average price of homes sold in June 2026 was $548,756, a moderate decrease of 4.3% from June 2025.

The more comprehensive year-to-date average price was $523,827, decreasing by 2.7% from the first six months of 2025.

The dollar value of all home sales in June 2026 was $93.3 million, up only 0.4% from the same month in 2025.

The number of new listings was nearly unchanged, up only 0.6% (two listings) from June 2025. There were 350 new residential listings in June 2026. This was also the largest number of new listings added in the month of June in history.

New listings were 9.8% above the five-year average and 24.8% above the 10-year average for the month of June.

Active residential listings numbered 649 units on the market at the end of June, essentially unchanged, up just 0.3% (two listings) from the end of June 2025. Active listings haven’t been this high in the month of June in more than a decade.

Active listings were 25.2% above the five-year average and 68.2% above the 10-year average for the month of June.

Months of inventory numbered 3.8 at the end of June 2026, down from the 4 months recorded at the end of June 2025 and above the long-run average of 2.3 months for this time of year. The number of months of inventory is the number of months it would take to sell current inventories at the current rate of sales activity.

BOARD & ASSOCIATION INFORMATION

The Sarnia-Lambton Association of REALTORS®, established in 1944, is a non-profit organization. The County of Lambton, of which Sarnia is the principal city, is bounded on the North and West by the crystal blue waters of Lake Huron and the St. Clair River. The REALTOR® and MLS® trademarks are owned or controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA (REALTOR®) and/or the quality of services they provide (MLS®).