2014 Sales Statistics

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

– Dec 31st

WF Sales

– Dec 31st

2008

57

28

2009

67

33

2010

75

61

2011

68

52

2012

92

65

2013

76

54

2014

79

42


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 unit sales did increase slightly in 2014 but I am not sure we can feel comfortable that our market has stabilized or continuing its recovery.

 

The link below to my Facebook page includes some graphs showing the drop in average sales price as well as a drop in waterfront unit sales.

 

https://www.facebook.com/realestateonmanitoulin