Local realtors sold 1,685 units in 2017, which is up 7.1 percent when compared to 2016.
It wasn't a record breaking December for the Woodstock Ingersoll and District Real Estate Board, but it was just enough to set the bar for 2018.
Local realtors managed to sell 1,685 units in 2017, which is up 7.1 percent when compared to the year prior. 62 of those homes were sold last month, which was down 29.5 percent when compared to December 2016, but still about average for that time of the year.
The average price of a home was $341,526, about 18.9 percent higher than 2016.
In a press release, President William Cattle looks forward to 2018.
"2017 was a volatile year for sales in the region, with an unprecedented spring followed by a brief summer slowdown and fairly normal final few months. Overall, the strength of the spring market was enough to push 2017 to a new annual record. Looking forward to 2018, supply has started to fall once again and stood at all-time lows to end the year, so one of the main reasons we saw such big price gains in 2017 remains in place to start 2018."
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