Recent story in the funny papers saying real estate sales in Oliver up a whopping 63 percent.
If you look at a valuable resource – SO Real Estate Board – statistics you will note that any increase January to September 2015 over same period 2014 is related to farm sales – big dollars per unit.
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YTD 2014 total sales 38, 595, 144 (January to September)
YTD 2015 total sales 50, 435, 360 (January to September)
Residential only in the same period
2014 $31, 302, 137 – total units sold 123
2015 $37, 093, 060 – total units sold 145
Increase $5, 790, 923
Percent increase 18.5% (not shabby)
Average # of days for a sale of home – 120 – less for townhomes and way more time for farm/empty lot sales
Source: Oliver area comparative activity report September 2014 and 2015