Bill Jackson Orillia Real Estate

Orillia Homes and Real Estate February Statistics

Bill Jackson — Tue, 08 Mar 2011 23:06:00 GMT

This article deals with the recent single family residential sale statistics for Orillia, Ontario for the month of February 2011 and compares it to February 2010. There are so many different statistics that can be manipulated in many ways to produce either positives or negatives... Basically, what I was concerned with was the activity on our local real estate board with a focus on the average sale price and the sales/listing ratio.Once again, I am strictly looking at single family dwellings that were reported to the Orillia & District Real Estate Board. I am not taking into consideration any commercial, multi-family, or rental dwellings.

February 2011:

Listings 131

Sales 42

Listings/Sales 32%

Average Sale Price $252,250

February, statistically speaking, was pretty much on par from a listing perspective with respect to February 2010. From a sales perspective, there were 9 more sales a year ago. From personal experience, I have been busy but my clients are taking a more cautious approach to the start of the year and this falls within what the statistics are showing. The average sale price for the month, $252,250, is still off the twelve month average (March 2010 – February 2011) of $262,010. This can be attributed to the relatively small sample size of 42 sales where a few lower priced sales can trend the average sale number downward.It is much closer to the twelve month average compared to a month ago when the gap was over $29,000.

Last year, the February 2010 numbers:

Listings 130

Sales 51

Listings/Sales 39%

Average Sale Price $256,874

For the year-to-date 2011, the single family residential market for the Orillia area has had eighteen fewer sales and fourteen fewer listings, resulting in a sales/listing ratio being down 5% and an average sales price being down $7,214 from a year ago at this date.Now that March has arrived, the spring market is about to begin and the numbers above should see a trend upwards based on historical activity in the spring. Today alone on our board, there are fourteen new listings and six sales as I type.

In terms of in-town homes, I am getting a lot of calls from people wanting to buy a home that has the ability to provide rental income as well. People are looking at the university and college students as a way to help pay off their mortgage.I am really excited by the opportunities that I think the Orillia real estate market will provide for 2011… will you be part of it?

Price Reduced on 1007 Pinoak Lane in Minden Hills

Bill Jackson — Tue, 01 Mar 2011 14:34:00 GMT

Minden Hills, Haliburton County - Announcing a price reduction on 1007 Pinoak Lane, a 950 sq. ft., 2 bath, 2 bdrm 1 1/2 story. Now MLS®$195,000 CAD - Reduced!.

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Price Reduced on 44 Coldwater Road West in Central

Bill Jackson — Fri, 18 Feb 2011 00:15:00 GMT

Central, Orillia - Announcing a price reduction on 44 Coldwater Road West, a 1,174 sq. ft., 2 bath, 3 bdrm 2 story split. Now MLS®$124,500 CAD - New Price.

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January 2011 Single Family Residential Sales in the Orillia area

Bill Jackson — Thu, 10 Feb 2011 00:45:00 GMT

Orillia Real Estate January Statistics...(read more)

New Price

Bill Jackson — Tue, 25 Nov 2008 23:00:00 GMT

Just wanted to let everyone know that the price on my listing on Black River Road to $96,900. This is a great property. If you are looking for a great place for a retreat or family compund, this could be the place that you have been looking for...

Price Reduced on Part Lot 20 Black River Road in City of Kawartha Lakes

Bill Jackson — Tue, 25 Nov 2008 22:59:00 GMT

City of Kawartha Lakes, Ontario - Announcing a price reduction on Part Lot 20 Black River Road, a single story. Now MLS® $96,900 CAD - New Price.

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Happy Thanksgiving

Bill Jackson — Sun, 12 Oct 2008 16:39:00 GMT

I just wanted to take time to wish all the visitors to my site a Happy Thanksgiving weekend in Canada and Columbus Day in the United States.

New Look To My Website

Bill Jackson — Tue, 30 Sep 2008 02:24:00 GMT

I just wanted to welcome everybody to my website. It has a new look and will be a work in progress for a little bit but it will definitely be worth it. I am very excited about the potential. Hope you enjoy and visit often...

Price Reduced on 38 Turtle Path in Lagoon City

Bill Jackson — Mon, 29 Sep 2008 22:29:00 GMT

Lagoon City, Ramara - Announcing a price reduction on 38 Turtle Path, a 5,500 sq. ft., 5 bath, 4 bdrm 2 story. Now MLS® $565,000 - .

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