Thursday, December 1, 2011

What's happening in Woodstock, December 2011

Hello again!

It's time for a market update. These statistics reflect Residential Real Estate Sales information (excluding condominiums) in Woodstock, Ontario. These statistics were generated using information from the Multiple Listing Service.

It looks like the Average Sale Price for a Residential property in Woodstock in November 2011 was $207,325, which is down from $221,112  in October of 2011, but remains up 4% over November of 2010!




This chart shows current Residential Listings, compared to Residential Homes Sold in Woodstock.  As of November 2011, Woodstock showed an Absorption Rate of 7.2 months (meaning at it's current inventory and sales levels, our market would run out of inventory in 7.2 months).

I hope you find this information useful and informative - if you have any questions about this or other Real Estate related matters, please feel free to contact me!


Ben Sage, Sales Representative. Re/Max a-b Realty Ltd., Brokerage. 519-536-7535. 521 Dundas St., Woodstock, ON
www.facebook.com/SageAdviceRealEstate  www.bensage.com www.oxfordcountyhomes.ca


Ben Sage, Sales Representative. www.facebook.com/SageAdviceRealEstate  www.bensage.com www.oxfordcountyhomes.ca Re/Max a-b Realty Ltd., Brokerage. 519-536-7535. 521 Dundas St., Woodstock, ON

House Prices Flatten in September (on a National Level)

After nine straight months of increases in the national home price, the numbers flattened in September, according to the Teranet—National Bank House Price Index out today.
Both the national composite of the recently expanded 11-city index remained at 149.52 in September.... (Click HERE to read the complete article.)




Ben Sage, Sales Representative. www.facebook.com/SageAdviceRealEstate  www.bensage.com www.oxfordcountyhomes.ca Re/Max a-b Realty Ltd., Brokerage. 519-536-7535. 521 Dundas St., Woodstock, ON