LSTAR Region Continues to break Records
LSTAR home sales have achieved a new record for the second month in a row this year, with 752 homes being sold in November, the best November ever on record.
“We had another solid month, demonstrating the robust marketplace all across the region” – Earl Taylor 2019 LSTAR President.
The sales to new listings ratio within the organization’s jurisdiction was 90.7%, which represents a seller’s market. Several regions saw the sales to new listings ratio raise even higher than 100% as well, including London East, which saw an increase to 105.6%.
The overall average home price for a home within the LSTAR region was $416,116 this month – up 10.6% from November 2018.
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