Home sales took a step back in November 2014.
WOODSTOCK - Home sales in the area took a hit in November.
According to the Woodstock and Ingersoll District Real Estate Board, only 56 units sold last month which is down 16.4 percent from a year earlier.
The good news is the average home price was up five per cent from last year at $226,352. The year-to-date average price was $240,026, an increase of 4.2 percent from the same period in 2013.
According to a release from Board President William Cattle, "Home sales took a step back in November compared to the levels of activity we've been seeing since the spring, but November is a pretty low volume month so we're talking about less than a dozen transactions compared to last year."
As for new listings, they increased slightly 3 percent on a year-over-year basis to 103 units.
The dollar value of all residential property sales amounted to $12.7 million in November, falling 12.2 percent from levels recorded a year earlier.
The sales of all property types was 63 units for the month, down 14.9 percent from last year. The total value of all properties sold came in at $15.4 million which was also a decline of 8.4 percent from November 2013.

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