Woodstock-Ingersoll real estate board area continues to see brisk sales totals
Low inventory of listings on market
By Mark Schadenberg
If you walked into a store and saw
empty shelves, you would either think the store doesn't do a great
job of ordering stock, has just completed a massive year-end sale, or is going
out of business.
The business which is real estate in
the Oxford County area continues to see brisk sales and low
inventory.
Some of these numbers have been tossed
around previously, especially the year-end total for sales in the
WIDREB area. I believe numbers do tell a story and maybe that's why I
enjoy baseball as it's a game of probabilities and percentages.
Sales
numbers in the Woodstock-Ingersoll District real estate board (WIDREB
also includes Norwich, Innerkip, Sweaburg, Beachville, Embro, Mt
Elgin, Hickson, Drumbo and points in-between), depict that 2014
started out very slowly due to horrendous weather and the numbers
never recovered to the 10-year average. Meanwhile, 2013 was a good
year versus 2012, but actually an average year overall. See numbers.
2014:
1180 2013: 1252
2012: 1066 2011: 1158
2010:
1216 2009: 1080
2008: 1176 2007: 1359
2006: 1278 2005:
1473 (Correct)
Average for past 10
years: 1224
Keep
in mind, these stats are solely for reported MLS activity, and do not
include private sales or custom-built construction contracts not ever
advertised (listed) MLS.
The
month of AUGUST in 2015 was quite good with 126 sales, versus only
109 in August of 2014. The best August ever was 2005 with 148, which
was also the year Toyota announced it was to build a factory in
Woodstock. Meanwhile, on the other side of the pendulum 2008 and 2010
both failed to top 100.
2015:
126 2014: 109
2013: 120 2012: 104
2011: 110 2010:
85
2009: 110 2008: 81
2007: 138 2006: 124
2005:
148 2004: 133
* -- Through 8 months, 2015 is out-pacing 2014 by an overall margin of
1002 to 816. Therefore, 2015 is shaping up to be a good year overall,
but what is stunning is that the sales totals are impressive at a
time when the overall listings totals are low.
It
has also been pointed out in this space that the number of all active
MLS listings – houses for sale, but also commercial properties –
is very low currently, and that is also true as we look at the total
number of listings entering September for the past 10 years.
2015:
484 2014: 651
2013: 700 2012: 715
2011: 725 2010:
925
2009: 1011 2008: 1061
2007: 841 2006: 748
Your Realtor has access to these
numbers very quickly, so if they are unsure of these actual
statistics, call me today as I am ready to be your full-time Realtor. (Excerpt from WIDREB office produced press release)
LINKS:
Mark
Schadenberg, Sales
Representative
Senior
Real Estate Specialist (SRES designation)
Royal
LePage Triland
Realty
Brokerage
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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