Ben Sage, Moving Woodstock
Sellers market persists across certain price ranges
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!
I have been successful helping clients buy, sell, or lease residential, commercial, or investment properties in the Woodstock, Ontario area since August of 2007. With technical experience ... Read More...