2012 Sales Statistics

In the following table are statistics for real estate sales on the Manitoulin Island. (The property category is Single Family Residences.)

 

 

Listings 

Sales 

Ave Price

2008

165

57

$ 129,142

2009

141

67

$ 159,625

2010

175

75

$ 156,155

2011

196

68

$ 160,551

2012

202

92

$ 184,007

 

Note: These statistics are based on listings & sales processed through the Sudbury Real Estate Board.

In 2012, another local brokerage joined our board.

 

As noted above, included in the 2012 sales are units sold by a brokerage that was not reporting to our real estate board previously. Therefore comparative analysis is difficult.

 

What is obvious is the increase in the average selling price. I believe this can be explained by the increase in the sales of higher end properties. Refer to the table below.

 

 

>$300k

>$350k

>$400k

2008

0

0

0

2009

8

4

2

2010

5

4

0

2011

4

2

0

2012

11

8

4