The Woodstock-Ingersoll & District set a new sales record for the month of October and the average price of homes sold was $533,644.
WOODSTOCK/INGERSOLL - The Woodstock-Ingersoll & District set a new sales record for the month of October.
They sold 196 units, which is up 26.5% from October 2019. On a year-to-date basis, home sales totalled 1,496 units over the first 10 months ofthe year. President Lesley Michie says this edged up 1.7% from this period in 2019.
“Home sales continue to shatter records this year, reaching the highest level ever for the month of October. New listings are coming in at a much slower pace than sales are, depleting overall inventory which continues to contribute to upward price pressure.”
The average price of homes sold in October 2020 was $533,644, rising 22.5% from October 2019 to hit the second highest level on record.
The more comprehensive year-to-date average price was $496,362, up 19.6% from the first 10 months of 2019.
There were 182 new residential listings in October 2020. This was down 5.7% (11 listings) on a year-over-year basis.
Overall supply is hovering close to the lowest level on record. Active residential listings numbered only 111 units at the end of October. This was a significant decline of 64.5% from the end of October 2019.

3rd Annual Running with the Bulls Shines
Mischief in Tillsonburg is Under Investigation
Upgrades Completed for Woodstock Disc Golf Course
OPP Enforcement for Civic Holiday Weekend
Woodstock Candidate Profile - Anthony Scalisi
Drug Trafficking Investigation Leads to Charges
EZT Candidate Profile - Don Chowan
Oxford County Requesting Public Input
Norwich Man Charged in Brant County
SPWH Wants You to Know Drinking Risks
Charges Laid after Truck Hits Bridge
Ingersoll Candidate Profile - Mike Tucker
Motorcyclist Killed in Oxford Collision
Tip Tuesday with the Oxford OPP - July 2026
Oxford OPP Briefs - July 28th, 2026
Cat Thrown from Vehicle in Norfolk County
Environment Canada Issues Yellow Watch for Thunderstorms
Oxford Mosquito Traps Tests Positive for West Nile
Woodstock Candidate Profile - Sandeep Sidhu
Comments
Add a comment