Eleven months of 2013 beats 12 months of 2012
By Mark Schadenberg
In 12 months of 2012, there were 1065 reported sales in WIDREB.
In just 11 months of 2013, there were 1191 sales posted in the
Woodstock-Ingersoll District Real Estate Board statistics.
Wow!
In the first 10 months of 2013 -- Jan 31 to Halloween night -- there were 1117
sales (*).
It is safe to say that even though market activity in November of 2013
was rather slow, overall 2013 has been quite a good year in this area.
Locally there always seems to be good news on the industrial front with the number and value of
building permits, plus expansions, new lease deals (AGCO; www.agcocorp.com), relocations
(Scholastic Books within Woodstock) and brand new arrivals.
The WIDREB residential board totals for November of 2013 were 67 residential units – a dip
of just one versus 2012. The year of the roar (insert Lions Club of Woodstock plug
here or link to a Katy Perry YouTube video perhaps) is ending with a meow, but
all indications are 2014 will continue to mark a steady market in the Woodstock
area – low interest rates, a desired Woodstock city council driven local possible expansion of Pattullo Ridge business park, (www.cometothecrossroads.com),
and a relatively high optimism.
As a member of SOMA (Southern Ontario Marketing Alliance;
www.somasite.com), Woodstock is in the middle (geographically and literally) earth of
all talks about new commercial ventures rolling out in southern Ontario.
Woodstock is attractive with its location at 401 – 403, but since the
city owns most of the best available industrial acres, the local economic development
office can do three things: control the price of land for sale, steer prospects
to the best location, and plan the servicing of said properties (roads and
curbs, sewers and hydro).
Expanding residential subdivisions is good news for growth as Alder
Grange grows east with a road appearing off Lakeview Drive, Sally Creek expands north toward
the former Tollgate School, and the Builders Group (Reyneveld, Deroo bros, Oxford Builders, Goodman Homes) is always busy – now digging and drywalling east of
Halifax in the northeast.
I will certainly post the year-end 2013 sales total when it becomes
official in early January, but when you compare to the 10 previous years as
noted below, the current calendar will likely be fifth out of 11.
* - Reported sales are MLS listings, so this would not include private sales and some builders' sales of custom homes that were never listed.
Here
are the year-by-year WIDREB final numbers.
2012:
1065
2011:
1159
2010:
1216
2009:
1080
2008:
1176
2007:
1359
2006:
1278
2005:
1473 (correct)
2004:
1366
2003:
1153
Mark
Schadenberg, Sales Representative
Senior
Real Estate Specialist (SRES designation)
Royal
LePage Triland Realty
757 Dundas
St, Woodstock
www.wesellwoodstock.com
(519) 537-1553,
cell or text
Email:
mschadenberg@rogers.com
Twitter:
markroyallepage
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