The London- St.Thomas Association of Realtors have recently reported that sales volume in October of 2008 was down 15% compared to October 2007. Year to date the sale volume is down 7.9% and average house price is up approximately 5%. For those currently living in White Oaks, I thought they might find the following stats interesting. White Oaks subdivision was built in several phases but essentially it can be looked as two sections. Those homes 25 years or more old and those less than 25 years old.
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Summary of White Oaks Semi Detached Homes |
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2007 |
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2008 to date |
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Sales |
Avg Sale Price |
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Sales |
Avg Sale Price |
Change% |
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Under 25 Yrs Old |
11 |
$162,173 |
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13 |
$161,669 |
-0.3% |
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25 Yrs and Older |
33 |
$148,870 |
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32 |
$148,938 |
0.0% |
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Summary of White Oaks Split Level Homes |
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2007 |
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2008 to date |
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Sales |
Avg Sale Price |
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Sales |
Avg Sale Price |
Change% |
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Under 25 Yrs Old |
27 |
$223,859 |
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15 |
$224,600 |
0.3% |
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25 Yrs and Older |
39 |
$179,251 |
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28 |
$190,148 |
6.1% |
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Summary of White Oaks Two Storey Homes |
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2007 |
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2008 to date |
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Sales |
Avg Sale Price |
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Sales |
Avg Sale Price |
Change% |
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Under 25 Yrs Old |
11 |
$228,345 |
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14 |
$215,282 |
-5.7% |
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25 Yrs and Older |
7 |
$184,486 |
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4 |
$182,875 |
-0.9% |
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Summary of White Oaks Bungalows and Ranches |
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2007 |
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2008 to date |
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Sales |
Avg Sale Price |
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Sales |
Avg Sale Price |
Change% |
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Under 25 Yrs Old |
10 |
$196,700 |
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8 |
$203,906 |
3.7% |
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25 Yrs and Older |
45 |
$173,040 |
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33 |
$178,508 |
3.2% |
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