Sales Statistics - 3rd Quarter 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

–Sept 30th

SFR Sales

– Dec 31st

WF Sales

– Sept 30th

2008

46

57

28

2009

54

67

33

2010

65

75

61

2011

59

68

52

2012

80

92

65

2013

57

-

47

 

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:

 

The 3rd quarter was stronger more than doubling sales of SFR and WF  year-to-date. This pattern is close to the our historical norm, but this year we experienced a slightly higher relative increase.

 

As shown in the table above however, our unit sales in each of these 2 categories are the lowest since 2009.

 

The good weather so far this fall might help our year end totals.

 

As stated in the previous quarter report, the minimal amount of inquiries is still concerning.