This value is more in line with our pre-pandemic figures, which suggests that our market may be stabilizing,” Jack Lane, president of the London St.
According to LSTAR’s report for last month, the overall average sales price was $614,913.
That said, Lane notes the continued high demand for homes in London and St.
Inventory is a measure of how long it would take to sell off the existing housing inventories at the current rate of sales activity.
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