Sales Statistics - First Half of 2013

In the following table are statistics for real estate sales on the Manitoulin Island. (The categories are SFR - Single Family Residences, and WF – All Waterfront Properties.)

 

 

SFR Sales

– June 30th

SFR Sales

– Dec 31st

WF Sales

– June 30th

2008

24

57

9

2009

30

67

11

2010

43

75

32

2011

28

68

19

2012

47

92

39

2013

26

-

20

 

Note: These statistics are based on sales processed through the Sudbury Real Estate Board. In 2012, another local brokerage joined our board which increased reported sale numbers.

 

Summary:

 

As shown above unit sales for SFR's are down year-to-date. Note that even though the sales appear to be close to 2008 & 2011, we now have another brokerage contributing to the statistics. Therefore we actually could have had the slowest start in the last 5 years.

 

What is more concerning is the minimal amount of inquiries.

 

There is certainly time left in our selling season, therefore we will hopefully experience a recovery.