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In November, the average sale price in the real estate market in LSTAR's jurisdiction was $640,198, reflecting a 5.9% increase compared to the same month last year. This rise in prices highlights the ongoing demand and value in the market. Sales activity also saw a significant boost, with 614 transactions, marking a 35.5% increase year-over-year. New listings saw a significant rise of 10.8% year-to-date, providing more options for buyers.

The London and St. Thomas real estate market has shown encouraging signs of growth and stability in October 2024. Sales activity notably increased, with 661 transactions recorded, up from 526 in October 2023. This represents a significant recovery from the previous year and highlights the market's resilience. The average price of $623,189 for the LSTAR region was up 0.3% from October 2023 and down 3% from last month's $641,583.

The LSTAR region remains a vibrant market for both buyers and sellers. September’s market activity and year-to-date figures show encouraging trends. In September 2024, 562 homes were sold, representing a 6.0% increase from September 2023 and a 0.5% rise from September 2022.