Nancy-Shea-Morrison-July 2019

Aboutowne Realty Corp., Brokerage

1235 North Service Road West Suite 100 Oakville, ON L6M 2W2

TEAM CELL EMAIL WEB

Each Office Independently Owned and Operated.

ATTENTION POSTMASTER: Time Sensitive Materials

416-520-4785 Nancy@NancyShea.ca

MORRISON JULY 2019 REAL ESTATE MARKET REPORT

www.LiveInMorrison.com

Published by REAL Marketing (REM) | www.REALMarketing4You.com | 604.841.1739 | ©2019

YEAR-TO-DATE

MORRISON

REAL ESTATE REVIEW

RESALE

MORRISON RE-SALE HOME MARKET 6 MONTHS 2019

Buyers are taking their time, expecting price reductions, being very selective and looking for deals with their offers. Homes that show their best and are priced to recent sales are selling well.

The average price is -7% vs. 2018, mostly because of the change in price ranges selling. 77% of the homes sold in the 1st 6 months of 2019 were less than $2,500,000 vs. 60% in 2018. There are also fewer sales over $3,000,000. With less expensive homes selling the overall average price is down. Good news 86% more homes have sold!

SOLD PRICE -7% from

Year-to-Date 2018

LOW

$1,350,000

AVERAGE HIGH

$2,087,000 $5,200,000

44

50

93.6%

TOTAL SALES

DAYS ON MARKET

AVERAGE SP/LP

19 More than Year-to-Date 2018

9 Days Longer than

+0.3% than Year-to-Date 2018

Year-to-Date 2018

Jonathan and Angela-Marie, This statistical analysis represents the average comparisons of 2019 over 2018 for Morrison. For an in-depth analysis of your home’s value, call me today at 416-520-4785 for a complimentary evaluation.

Data based on listings from OMDREB MLS from January 1st to June 29th of 2018 and 2019. Information deemed accurate but not guaranteed.

www.LiveInMorrison.com PREPARED ESPECIALLY FOR

JONATHAN AND ANGELA-MARIE WILLIAMS

TEAM

MORRISON

TEAM CELL EMAIL WEB

REAL ESTATE MARKET REPORT

416-520-4785 Nancy@NancyShea.ca www.LiveInMorrison.com

Morrison Homes Currently Listed

For more information on these listings, please call me at 416-520-4785.

64 Homes | 1.0 - 11.0 Bedrooms | 1.0 - 14.0 Washrooms | 991 - 28,975 Approx. Sq. Ft. | $1,248,888 - $59,000,000

MORRISON | CURRENT MARKET ACTIVITY

Active Sold A visual representation of the MLS data on the right.

© Google 2019

This market report was created especially for you. To have your home professionally marketed and featured in my publications, which are mailed to hundreds of potential buyers every month, call me today at 416-520-4785.

Morrison Homes Sold Since January 1st, 2019 Status

Approx. Age

Style

Bedrooms

Washrooms

Approx. Square Footage*

Sold Price

Sold Date

DOM

Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold

100+ Years 31-50 Years 31-50 Years 16-30 Years 51-99 Years 6-15 Years 51-99 Years 31-50 Years 51-99 Years 0-5 Years 51-99 Years 51-99 Years 31-50 Years 0-5 Years

2 Storey 2 Storey Bungalow Bungalow 2 Storey 2 Storey Bungalow 2 Storey 1 Storey/Apt 2 Storey Sidesplit Bungalow Bungalow 2 Storey

4 5 3 5 6 5 3 5 2 6 6 3 4 5

2.1 2.2 3.0 4.0 3.2 6.1 1.0 3.1 2.0 7.2 2.0 1.1 3.0 4.1

3,100 3,000 2,100 2,700 2,500 4,600 1,400 2,700 1,100 5,000 2,700 1,500 2,500 3,400

$1,875,000 $2,300,000 $1,800,000 $2,075,000 $1,699,100 $3,380,000 $1,650,000 $1,580,000 $1,350,000 $3,886,000 $1,565,000 $1,580,000 $1,855,000 $2,490,000

07/09/19 07/09/19 07/05/19 07/05/19 06/28/19 06/28/19 06/14/19 06/13/19 06/07/19 06/06/19 05/31/19 05/31/19 05/31/19 05/31/19

22 51 111 83 25 17 35 77 28 37 8 14 11 59

Sold Sold Sold

31-50 Years 51-99 Years 31-50 Years

2 Storey 2 Storey 2 Storey

4 4 3

3.1 2.1 2.1

2,800 3,100 2,600

$2,225,000 $1,905,000 $1,673,000

05/30/19 05/28/19 05/24/19

40 156 61

Sold Sold Sold

0-5 Years 51-99 Years 6-15 Years

2 Storey Bungalow 2 Storey

5 3 5

5.3 1.1 6.2

4,500 1,100 6,000

$3,950,000 $1,500,000 $5,200,000

05/22/19 05/17/19 05/09/19

207 3 72

Sold

51-99 Years

Bungalow

3

2.1

1,900

$2,150,000

04/25/19

19

Sold Sold

31-50 Years 51-99 Years

Bungalow 2 Storey

4 4

2.0 2.1

1,500 2,400

$1,620,000 $1,950,000

04/22/19 04/08/19

79 43

Sold

New

2 Storey

5

5.1

4,100

$3,500,000

03/29/19

14

Sold Sold Sold

31-50 Years 31-50 Years 51-99 Years

1 1/2 Storey 2 Storey Bungalow

5 4 4

4.1 2.1 2.0

4,200 2,800 1,600

$2,847,000 $2,099,000 $1,680,000

03/26/19 03/18/19 03/07/19

14 5 48

Sold Sold

0-5 Years 0-5 Years

2 Storey 2 Storey

5 5

4.1 4.1

3,200 3,200

$2,295,000 $2,295,000

02/22/19 02/22/19

53 53

Nancy Shea, RE/MAX Aboutowne Realty, and The RE/MAX Collection are not in any way affiliated with Morrison Owners Association, nor is this in any way an official advertisement or publication of Morrison. © 2019 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the Oakville Real Estate Boards MLS between January 1st, 2019 and July 10th, 2019. 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.