News

The London and St. Thomas Association of REALTORS® (LSTAR) Board of Directors is pleased to announce that Randy Pawlowski – a London area based REALTOR® – will serve as its President in 2022. Pawlowski is a Broker with Sutton Group Pawlowski & Company Real Estate Brokerage Inc., and has been a REALTOR® with LSTAR since 1996. Pawlowski joined the LSTAR Board of Directors in 2015.

With 530 homes exchanging hands last month, LSTAR REALTORS® wrapped up 2021 by recording their second best December for residential transactions since the Association started tracking data, back in 1978. This brings the total number of homes sold last year in LSTAR’s jurisdiction to 10,964. 

816 homes traded hands last month in LSTAR's jurisdiction, bringing LSTAR's year-to-date total of residential transactions to 10,445. "This year-to-date figure is very close to the total number of home sales recorded at the end of 2017, which was the year with the highest sales activity in the history of LSTAR," said 2021 LSTAR President Jack Lane. "Compared to the same period last year, there were 4.7% less homes sold, but, overall, last month is the second best November for home sales since LSTAR started tracking data, back in 1978," he added.

The London and St. Thomas Association of REALTORS® (LSTAR) announced another strong month for home sales in October, with 865 homes exchanging hands. Although down 7.1% compared to the same time a year ago, sales represent the second-highest number of homes sold in the month of October since 1978.

In September 2021, the London and St. Thomas Association of REALTORS® (LSTAR) experienced another solid month, with 864 residential transactions recorded via its MLS® system. "This value, which represents the second-highest number of homes sold in the month of September in LSTAR's jurisdiction since 1978, puts us on track for a record year. In the first nine months of this year, 8,756 homes traded hands in our area, which is an unprecedented total for our September year-to-date figures," said 2021 LSTAR President Jack Lane.

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 London and St Thomas Association of REALTORS® has announced that a total of $6,000 has been awarded to four outstanding students, as they embark on the next step in their educational journeys.

The London and St. Thomas Association of REALTORS® (LSTAR) announced it has presented more than $78,000 to local charitable organizations, as part of its community engagement program.

The London and St Thomas Association of REALTORS® (LSTAR) reported 993 homes sold last month in its jurisdiction. "Even though this represents the second highest number of home sales recorded via LSTAR's MLS® system for the month of July, this value is more in line with our pre-pandemic figures, which suggests that our market may be stabilizing," said LSTAR 2021 President Jack Lane.