In June, 753 homes changed hands via LSTAR's MLS® system, up 1.6% compared to June 2025 and on par with June sales over the past four years. Average sales price saw some fluctuation last month, down 6.7% from the same month a year ago to $606,614. By comparison, the May average sales price was $662,292, while it was $618,665 in April. Inventory remained stable, with 4.6 months of inventory recorded in June.
PropTx has launched REALM® Verified Transactions, a new platform providing a secure, post-transaction deal room. Verified Transactions enables all authorized parties to collaborate in one place, share final documents, complete identity verification, and generate a permanent, auditable closing record supported by blockchain technology.
As we continue to mark 90 years of LSTAR, we invite you to share photos, memorabilia, or stories from LSTAR’s past. We would love to hear from you! Email your Memories to Communications [at] LSTAR.ca (Communications[at]LSTAR[dot]ca)
Keep reading to learn how to choose the right platform between REALM® and Matrix™.
We’re excited to share an upcoming enhancement when cloning a listing in PropTx: Photo Cloning. Cloning a listing will soon include the ability to clone listing photos if the user has the correct permission level. The photo cloning enhancement is expected to go live in late May.
Is your listing actually in the right community on the MLS® System? It might sound minor – but it’s a big deal, and it’s one of the most common issues we hear about.
In April, 638 homes changed hands via LSTAR's MLS® syatem. Although down 6.6% compared to April 2025, that was an increase of 52 more units sold over the previous month. Average sales price was $618,665 in April, down from the previous month, which was $627,112. Noticeable month over month gains in average sales price happened in St. Thomas, with average price at $584,110, up from $562,191 the previous month, as well as Strathroy-Caradoc, coming in at $656,869, up from $590,848 in March.
As a PropTx MLS® System user, you can choose how you access listing data and tools through either REALM® or Matrix™. And during the month of May, you can try both platforms side by side to determine which platform best supports your business and your clients.
Several updates to Add/Edit will become effective beginning April 20th, including Mandatory ARN and PIN, Mandatory Photo, and a new field for Builder Name.
Sometimes buyers love the location, layout, and price point of a home, but dated finishes make it harder for them to picture living there. With Roomvo, you can help your clients see the possibilities!
We would like to acknowledge the Indigenous Peoples in whose traditional territory we work and live: the Anishinabek; the Haudenosaunee; and the Lunaapeew. The three distinct First Nations communities within the Middlesex-London area are: Chippewas of the Thames First Nation; Oneida Nation of the Thames; and Munsee-Delaware Nation. We acknowledge the many longstanding treaty relationships between Indigenous Nations and Canada – including the London Township Purchase of 1796 between the Anishinabek and the Crown. This territory is now home to many First Nations, Metis, and Inuit peoples.
Each of us must honour these relationships, and we all have a responsibility to reconcile.
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