By Mark Schadenberg
In the K-W area, real estate sales for
the ninth month of the year would have Realtors on Cloud Nine.
In Burlington, some Realtors are likely
dancing in the street (See links to stories below).
Interest rates are low and homes
continue to sell in every geographical jurisdiction of southern
Ontario. The cost to borrow is very affordable currently.
In our Woodstock-Ingersoll area
(WIDREB), no records were set and even though the final number was only 4
fewer sales than 2013, this year's total topped 2012, 2011 and 2010.
September of 2014 featured 123 total sales with an average price of
$248,445. September of 2013 included 127 sales, but a lower average
of $239,931.
As the cost of new construction rises,
sale prices have increased. As the number of new residents to
Woodstock increase, prices increase as demand outreaches supply.
The cost of land is rising too. Good news and more good news, especially if you are selling !
Year Total September
Sales Year-To-Date Total (9 months)
2014 123 938
2013 127 1013
2012 99 857
2011 118 932
2010 110 981
2009 102 823
2008 124 959
2007 105 1079
Year Average Sale Price For Sept.
2014 248,445
2013 239,931
2012 216,919
2011 212,908
2010 206,716
2009 207,706
2008 222,644
2007 199,253
LINKS:
Mark
Schadenberg, Sales
Representative
Senior
Real Estate Specialist (SRES designation)
Royal
LePage Triland Realty
757
Dundas St, Woodstock
(519)
537-1553, cell or text
Email:
mschadenberg@rogers.com
Twitter:
markroyallepage
Facebook:
Mark Schadenberg, Royal LePage Triland
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