Nancy-Shea-Ford - March 2022

MARCH 2022

ATTENTION POSTMASTER: Time Sensitive Materials

ABOUTOWNE

TEAM

Realty Corp., Brokerage 1235 North Service Road W. Suite 100, Oakville, ON L6M 2W2 Each Office Independently Owned and Operated.

416.520.4785

REAL ESTATE MARKET REPORT

Nancy@NancyShea.ca

www.NancyShea.ca

Looking Ahead: Is a “Normal” Real Estate Market on the Horizon?

2022 OAKVILLE REAL ESTATE OUTLOOK: • Sale prices in Oakville will continue to increase, but at a slower rate than 2020 and 2021. RE/MAX Canada predicts a 7.5% increase by July 2022, while 2021 and 2020 each experienced an 21% increase for all of Oakville.

• In January 2022 with only 96 sales, Prices are up and Days to Sell, the number Listed and number Sold are all down compared to January 2021.

• Interestingly, RE/MAX brokers anticipate the average sale price to increase the most in Muskoka (20%), where the move-over trend has remained strong.

Jonathan and Angela-Marie, In 2022, the real estate market will continue to evolve in Southeast Oakville as more buyers come for the amenities and quality of life. You need an expert Ford Realtor in your corner. By living and working in Southeast Oakville, I thoroughly understand the market and the factors affecting values. I combine extensive marketing and negotiating savvy to get you the best deal.

Call me at 416.520.4785 or email nancy@nancyshea.ca.

–

Nancy

PREPARED ESPECIALLY FOR

JONATHAN AND ANGELA-MARIE WILLIAMS PRESENTED BY

The Nancy Shea Team, Your Ford Specialists TEAM

www.NancyShea.ca

WHY CHOOSE NANCY SHEA? “Selling your home can be a very hectic and stressful procedure.

My family and I appreciated how incredibly professional, organized, and thorough Nancy and her team were. They answered all our questions, kept us informed every step of the way, and made our sale a quick and smooth transaction.

I definitely would recommend having Nancy as your Realtor.”

TEAM

416.520.4785 Nancy@NancyShea.ca

www.NancyShea.ca

ABOUTOWNE

2022 Canadian Housing Market Outlook Report

TEAM

MARKET ACTIVITY MARCH • 2022

THERE ARE 3 HOMES CURRENTLY ACTIVE IN FORD Bedrooms

Washrooms

Est. Sq. Ft.*

List Price

5

1.2

1,500

$3,600,000

4

3.1

3,200

$4,650,000

5

5.3

7,000

$21,888,000

95%

FORD HOMES RECENTLY SOLD

of RE/MAX Regions

Age

Style

Bedrooms

Washrooms

Building Est. Sq. Ft.*

Sold Price

Sold Date

Days on Market

31-50 Years

2 Storey

5

3.1

2,700

$2,600,000

02/16/22

24

31-50 Years

2 Storey

5

2.1

2,100

$2,125,000

02/07/22

5

31-50 Years

Sidesplit

3

3.1

4,700

$3,543,600

01/18/22

6

31-50 Years

2 Storey

5

3.1

2,800

$2,338,000

01/14/22

6

31-50 Years

2 Storey

3

2.1

2,300

$2,010,000

12/30/21

1

51-99 Years

Sidesplit

5

2.1

1,500

$2,890,000

12/21/21

2

31-50 Years

2 Storey

4

2.2

4,700

$2,100,000

12/17/21

5

0-5 Years

2.5 Storey

4

3.1

2,600

$1,596,000

12/16/21

6

31-50 Years

2 Storey

4

2.1

3,800

$2,281,000

12/16/21

4

31-50 Years

2 Storey

5

2.1

3,400

$2,306,000

12/13/21

4

31-50 Years

Bungalow Raised

4

3.0

1,400

$2,137,000

11/30/21

6

31-50 Years

2 Storey

4

2.1

2,100

$2,030,000

11/16/21

4

31-50 Years

2 Storey

4

1.1

1,700

$1,650,000

11/10/21

2

Nancy Shea and RE/MAX Aboutowne Realty are not in any way affiliated with Ford Owners Association, nor is this in any way an official advertisement or publication of Ford. © 2022 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the Oakville Real Estate Boards MLS between November 10th, 2021 and February 16th, 2022. Listings and sales may not be those of RE/MAX Aboutowne Realty. The Oakville Real Estate Boards MLS does not guarantee the accuracy of this data, which may not reflect all the real estate activity in the area. E&OE covered. This market report is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship. Due to OMDREB regulations, full disclosure of all listing and sold data is only available upon request. *Square footage rounded down to nearest hundred.

Published by REAL Marketing (RM) | www.REALMarketing4You.com | 604.841.1739 | ©2022

(36 out of 38) analyzed are likely to remain seller’s markets in 2022.

72%

of Canadians said rising home prices did not impact their purchasing decisions in 2021.

26%

of Canadians

have the desire to purchase a home while mortgage rates remain low.