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MEDIA RELEASE FOR MARCH STATS… SPRING IS HERE. FLOWERS ARE BLOOMING, BIRDS ARE SINGING AND PEOPLE ARE STILL OUT BUYING HOUSES AND TAKING ADVANTAGE OF THESE AMAZING HISTORICALLY LOW INTEREST RATES! WHEN YOU CAN STILL PUT 5% DOWN AND GET A 4 YEAR LOCKED IN RATE OF LESS THAN 3% IT MAKES IT A GREAT TIME TO INVEST IN A HOUSE. 135 BUYERS DID JUST THAT IN MARCH PURCHASING $27, 152 493 DOLLARS WORTH OF REAL ESTATE. CURRENTLY THOSE BUYERS HAVE 1013 ACTIVE LISTINGS TO CHOOSE FROM. 57% OF THE LISTINGS SOLD IN MARCH WERE UNDER $200,000. THE AVERAGE SALE PRICE IN SARNIA LAST MONTH WAS $188,866 AND IN THE COUNTY THE AVERAGE WAS $200,714. BOTTOM LINE…CONTACT YOU REALTOR, LET THEM HELP YOU BUY WITH CONFIDENCE AND KNOWLEDGE OF NOT ONLY PRICING, BUT NEIGHBOURHOOD STATISTICS AND THE LATEST PRODUCTS AND PROGRAMS TO ENABLE YOU TO MAKE GOOD DECISIONS. DONNA MATHEWSON, BOARD PRESIDENT -30-


SLREB MARCH 2012 STATISTICS RELEASE