Nearly 1200 home sales last year was the best since 2006.
Local real estate sales hit a 6-year high in 2013.
Final numbers are in, after a slower December where just 54 homes were sold.
But with the rest of the year factored in, 1,196 homes sold, good for the best year since 2006.
Overall sales were up 17% from 2012.
The average sale price for 2013 was up 2.3% at an average price of $230,162.
However, supply on the Woodstock-Ingersoll market is low headed into 2014. New listings dropped by 22% last year, and with 419 active residential listings on the MLS system, the number of homes on the market is the lowest it has been in nearly 8-years.
In a national report released today by Royal LePage, it suggests housing prices in Canada were up in the last quarter of 2013, and will keep rising in 2014. The average cost of a two-storey home rose to $418,282, while detached bungalows went up to $380,710. Those figures are 3.6-3.8% increases on a year-over-year basis.

Winter Driving Reminder from the OPP
Head On Collision Under Investigation
Animal Cruelty Incident Under Investigation
Woodstonian Charged in Human Trafficking Investigation
Changing Lives in Canada and Rwanda
Woodstock Prepares for the Lighting of Museum Square
A New Coalition Comes to Oxford County
Man Charged in EZT After Traffic Complaint
United Way Stair Climb Successful in Woodstock
Woodstock Chamber Celebrates Local Business
Registration Opens for Snow Buddies
Harvards Prepare for Remembrance Day
Students Face Off in United Way Stair Climb Today
Teenage Driver Charged with Impaired
Thistle Theatre Presents: The Perils of Persephone
CO Awareness Week Underway
Strong Winds Expected for Oxford
Federal Liberals Table Budget
TDMH Celebrates a Year of the RAFT
News Poll: Poppy Campaign Underway
Comments
Add a comment