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.

Holiday Closures in Woodstock
Multiple Charges Laid to Woodstock Man
Fog Advisory Issued for Oxford
Tip Tuesday with Oxford OPP - December 2025
Holiday Waste Collection Tips from Oxford County
UPDATE: CFIA Reports 20 Illnesses Connected to Recall
UPDATE: Charges Laid in Highway Hit-and-Run
Charges Laid after Altercation in Delhi
Oxford OPP Briefs - Dec. 22nd, 2025
PJHL Recap - Dec 19th to Dec 21st
Operation Sharing to Host Christmas Day
Two Woodstonians Face Drug Trafficking Charges
One Killed in Highway 401 Crash
Charges Laid After OPP Officers Injured
PJHL Preview - Dec. 19th to Dec. 21st
WPS Release Festive RIDE Campaign Results
Online Survey Launched for Mount Elgin Park
Week Four Results for Festive RIDE Campaign
Oxford County Reminds Businesses to Register for Curbside Collection
Special Weather Statement Issued for Oxford County
Comments
Add a comment