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Ben Sage, Moving Woodstock

Sellers market persists across certain price ranges

Posted on September 12, 2013 by Ben Sage in Buyer, Selling, Woodstock Homes, Woodstock News, Woodstock Ontario Real Estate, Woodstock Ontario Real Estate Stats

It’s time for a (slightly belated) re-cap of the August sales numbers in the Woodstock, Ontario Real Estate Market.

The threat of higher interest rates is keeping pressure on Buyers to get in before rates tick upwards even further, and the lower-than-normal supply is providing buoyancy to a fairly healthy real estate market in Woodstock.

As usual, here is the activity by price range breakdown that I like to use to determine which price ranges are “HOT” and which are “NOT” in the Woodstock market.

 

As usual, homes worth less than $300,000 are strong, with particularly low supply and high demand in the $150,000-$200,000 range.  I have listed this range as HEAVILY FAVOURING SELLER as we saw 25 Sales and only 35 actively for sale, which is less than 1 month’s inventory!

If you’re interested in hearing how this pertains to your home, or have any other marketing or sales related inquiries, please reach out and we can have a chat!


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