Your Detailed Market Update for Oxford County - Woodstock, Ingersoll and Norwich Township for the 3rd Quarter 2021

Friday Oct 22nd, 2021

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OXFORD COUNTY: New Listings continue to decline since the peak in May at 328 homes coming to market. In July only 239 homes were listed. In August this number dropped to 198 new listing across the entire County and finished September with 223 new homes coming to market. When added to the few remaining previously listed homes supplies remain limited. The number of homes offered for sale remains consistently at about the 2 months’ supply level. Remember that a balanced market, where... [read more]

Market Trends and Home Sales Across Oxford County in 2022

Tuesday Jan 31st, 2023

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Well, we have just finished the most tumultuous years in Real Estate History, driven by rampant worldwide inflation increases and Bank of Canada interest rate increases virtually every month throughout the year. What has happened to your home value in Oxford County? Let’s start by looking at the number of sales taking place each month to determine the Impact of the interest rate increase since early 2022. Moving first into what has typically been the highest 3 selling months. ... [read more]

Your Market Overview for the First 8 Months of 2021 in Oxford County

Tuesday Sep 14th, 2021

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Oxford County: Active & New Listings continue to decline since the peak in May at 328 new listings coming to market. In July only 239 homes were listed. In august this number dropped to 198 new listing across the entire County. When added to the few remaining previously listed homes supplies remain limited. The number of homes offered for sale dropped further under the current 2 months, supply level. Remember a balanced market, where bidding wars don’t take place, is 6... [read more]

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