MARCH 2013 MEDIA RELEASE

ONCE AGAIN AN AMAZING MARKETPLACE!

MARCH VOLUME FOR TOTAL SALES IN LAMBTON COUNTY WAS $28,212,000, UP 4%, REVEALING THE BEST MARCH OUR AREA HAS EXPERIENCED THE LAST 5 YEARS.

151 REAL ESTATE TRANSACTIONS TOOK PLACE IN MARCH WITH 18 DEALS STILL PENDING.

THE AVERAGE SALE PRICE FOR A SINGLE FAMILY RESIDENTIAL HOME IN ALL OF LAMBTON COUNTY WAS $201, 880.

TOTAL NUMBER OF LISTINGS WAS DOWN 19% FOR THE MONTH, PLACING MORE DEMAND ON CURRENT ACTIVE LISTINGS. WITH APRIL AND MAY HISTORICALLY BEING OUR BEST LISTING MONTHS, BUYERS SHOULD HAVE A GOOD SELECTION OF PROPERTIES TO CHOOSE FROM AS OUR SPRING MARKET SWINGS INTO HIGH GEAR. IN ADDITION, INTEREST RATES CONTINUE TO HOLD STEADILY LOWER.

ALL THINGS CONSIDERED, LAMBTON COUNTY IS PROVING TO BE AN ACTIVE AND STRONG MARKET TO LIST OR SELL IN.

DEARL HILL, PRESIDENT

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