World's Best Weekend

1:00am - 8:00am

519-537-1047

FRANK WALKER/JOSH ROSS/NORMA JEAN MARTINE

LAY IT ON ME

Download

Listen Live Listen Live HD2

Another Strong Month for Real Estate

Wednesday, 10 May 2017 14:27

The average price of homes being sold in the area is up 27% from last year at over $342,000.

WOODSTOCK/INGERSOLL - Woodstock, Ingersoll and Area was only one sale away from breaking a 12 year old record for the month of April.

According to the Woodstock Ingersoll and District Real Estate Board the number of units sold in April was 163, which is up 7.2% form this time last year. President of the Board Leslie Michie says the demand still out weighs the supply when it comes to home sales in the region.

"Gains in new listings over the last few months have brought a little relief to a very supply constrained market, and have allowed for a record-breaking first four months of the year for sales. That said, despite more new listings the overall stock of homes for sale has continued to fall since everything is selling at the moment."

The average price of homes sold in April 2017 was $355,135, rising 31.6% from April 2016. In 2017 so far the average price of homes in the area is over $342,000, which is up 27% from last year.

More from Local News

Oxford OPP Lay Charges After Warrant Execution

Two Tillsonburg residents have been charged after a search warrant was executed at a residence in their hometown.
Camping Season is Open at Pittock

May 1st signals the opening of the 2026 camping season, and Pittock Conservation Area is open for guests.
Application Window Open for Oxford County Grants Program

Local non-profit organizations have the opportunity to apply for grant funding as the submission window has opened for the Oxford County Grants Program.
PJHL Preview - Schmalz Cup Final

An Oxford County team is still in the mix to bring home the Schmalz Cup and be the PJHL Champions.
Oxford Winds Celebrates 30 Years

The concert band will mark the occasion during it's spring concert at Knox Presbyterian Church next Friday.
Nomination Period Opens for Municipal Election

Those interested in running for office have until August 21st to submit their paperwork.
Theft in Thamesford is Under Investigation

The Oxford OPP are looking to identify two suspects responsible for a theft from a business in Thamesford.
Winning Lotto 6/49 Ticket Sold in Oxford

The OLG says the Lotto 6/49 classic jackpot winning ticket was sold in Oxford County.
Thamesford Lions Club Celebrates 65 Years

A special milestone has been reached and celebrated by the Thamesford Lions Club.
Yellow Frost Advisory Issued for Oxford

We're in for overnight lows at or below the freezing mark for the next few days.
News Poll: Schmalz Cup 2026

Who do you think will win the Schmalz Cup?
Realtors Care Food Drive Returns Next Week

Local realtors are dropping off the red and yellow door hangers this week.
PJHL Playoff Recap - April 29th

The Tavistock Braves have advanced to the Schmalz Cup Final after celebrating a 7-1 victory last night.
Charges Laid After Altercation in Woodstock

The Woodstock Police have laid numerous charges after someone suffered serious burn injuries during an altercation.
New Partnership Protects Land in Oxford

Land originally owned by Scouts Canada will be permanently protected as a new partnership is formed.
Bomb Threat Unfounded in Woodstock

A heavy police presence was around Springbank Public School today as a bomb threat was called in.
Big Projects Announced for TVDSB

The province has approved $91.7 million in capital funding through the 2025-2026 Capital Priorities Program
Tick Season Reminders from Southwestern Public Health

Southwestern Public Health has some tips to help you protect yourself from ticks.
PJHL Playoff Recap - April 28th

The Tavistock Braves suffered a 5-2 loss to the Lakeshore Canadiens in Game 5 of the Schmalz Cup semifinals.
Highway Construction Approaching in Burgessville

Highway 59 will be closed to through traffic in Burgessville starting next week.