The Woodstock-Ingersoll and District Real Estate Board recorded 175 units that sold last month, up 23.2% from August of last year. So far this year, the average price of a home sold is up 17%.
WOODSTOCK/INGERSOLL - The Woodstock-Ingersoll and District Real Estate Board posted another record breaking month in August.
They recorded 175 units that sold last month, up 23.2% from August of last year. This was also a new sales record last month.
On a year-to-date basis, home sales totaled 1,110 units over the first eight months of the year. This was down 6.2% from this period in 2019.
President Lesley Michie says the average price of homes sold in August, 2020 was a record $524,052, advancing 24.1% from last August.
"Home sales continued at an above average pace during the month of August. New listings also appear to have stabilized over the last few months. However, the recent robust demand is depleting overall inventory which is contributing to upward price
pressure. This has driven the average price to a new all-time high for the second consecutive month.”
The more comprehensive year-to-date average price was $481,252, rising 17% from the first eight months of 2019.
There were 206 new residential listings in August 2020, which was the largest number of new listings added in the month of August in more than five years.

Applications Open for Accessibility Advisory Committee
OWIN Celebrates International Women's Day
UTRCA Monitoring Rising Water Levels
CNOY A Success in Ingersoll and Tillsonburg
LCBO Robberies Under Investigation in Paris
Tillsonburg Sports Hall of Fame Inductees for 2026
ITOPA Presents: Bingo!
Golf Cart Stolen in Windham Centre
Foggy Conditions Cancel Morning School Buses
ICF Contributes over $395,000
TVDSB Launches East Oxford Elementary Panel Attendance Area Review
Reduced Load Season Underway in Oxford
WFD Investigating Garage Fire
Brownsville Resident Hospitalized in Elgin Crash
Morning Power Outages in Woodstock
Woodstonian Charged in Paris Crash
Structure Fires Under Investigation in Ingersoll
Interview with the Mayor - March 2nd, 2026
PJHL Playoff Recap - Feb 27th to March 1st
SWOX Host Municipal Candidate Information Sessions
Comments
Add a comment