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24 06, 2017

Market Review June 2017

2017-06-24T22:10:37+00:00

Board Statistics Market statistics are supplied by the Woodstock-Ingersoll and District Real Estate Board. For full statistics, visit the Board's website. The average price of homes sold in May 2017 was $351,229 rising 19.9% from May 2016.   The year-to-date average price was $344,712 up 25.6% compared to this time [...]

18 01, 2017

Market Review – From 2016 Records to a New Year Ahead

2017-01-18T00:40:11+00:00 Tags: |

December 2016: Wrapping Up on a High Note Average Price Remains Steady: Piggy-backing on a strong October and November, December kept pace with an average home price of $283,383. This was a rise of 16% over December 2015. The 2016 annual average home price amounted to $288,027 up 15.4% on a year over year [...]

20 12, 2016

Market Update – November Results & Outlook

2016-12-20T12:58:33+00:00 Tags: , , , |

November 2016 Analysis: Strong Sales Continue Average Price Remains High: After sales activity rebounded in October which pushed average home prices to a new record level of $322,508. November home sales kept going strong with an average home price of $306,827, an 18.9% gain over November 2015. The year-to-date average home price amounted to [...]

28 11, 2016

Think “Out of The Box” to Win a Bidding War

2016-11-28T12:33:32+00:00 Tags: , , , , , |

There comes a time in a seller's market that buyers have to take a leap of faith and use some unusual methods to help win a bidding war. With the way our market has been going for the past year, some buyers have almost had enough as they have time after time missed out [...]

13 11, 2016

Market News Update – October Results & Outlook

2016-11-13T15:36:59+00:00 Tags: , , , |

October 2016 Analysis: Another Record. Record Average Price: After a rather ho-hum September, sales activity rebounded in October which pushed average home prices to a new record level of $322,508.   The year-to-date average home price amounted to $286,670, up 15.1% on a year over year basis. Inventory Lows : While new listings in [...]