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 |
72 |
20 |
|
2014 |
25 |
- |
14 |
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 basically on par with the previous year. (Note that unit sales dropped in 2013).
The low demand for our waterfront properties so far this year is somewhat concerning since they typically make up a significant percentage of our sales.