ATTENTION POSTMASTER: Time Sensitive Materials
FEBRUARY 2021
ABOUTOWNE
Realty Corp., Brokerage 1235 North Service Road W. Suite 100, Oakville, ON L6M 2W2
TEAM
Each Office Independently Owned and Operated.
416.520.4785
REAL ESTATE MARKET REPORT
Nancy@NancyShea.ca
www.NancyShea.ca
2 0 2 0 F O R D MAR KET R EV I E W JONATHAN AND ANGELA-MARIE, Home sales in Ford got off to a great start with many selling close to list price or higher. That changed with the March 2020 lockdown. The 2nd quarter slowed down but prices were up +4% compared to the same period 2019.
With safety protocols and having adjusted to the new reality, buyers came back to the market in June. In the last 6 months of 2020, 49 homes sold in Ford compared to 34 the same period 2019. During the same time showings to see homes were down -32%.
For the Year
2019
2020
Change
*Average Sold Price
$1,785,000
$1,969,000
+10%
# Homes Sold
81
82
+1%
Sale Price to List Price
97%
99.5%
+2.5%
Days to Sell
27
24
-3 Days
* Homes over $3 million were not included.
The outlook for 2021 is good! RE/MAX Canada is forecasting a 6% increase in sale prices and in January 2021 sales were above that. Right now there is not enough inventory for buyers who want to move to our fabulous town and live in our wonderful neighbourhoods. Call us and we can share with you details about new marketing, the buyers, and the value of your home. Be safe and well!
PREPARED ESPECIALLY FOR
JONATHAN AND ANGELA-MARIE WILLIAMS
Nancy
PRESENTED BY
The Nancy Shea Team, Your Ford Specialists
416.520.4785 | Nancy@NancyShea.ca | www.NancyShea.ca
TEAM
www.NancyShea.ca