Nancy-Shea-Morrison-July 2020

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

JULY 2020

MORRISON REAL ESTATE MARKET REPORT

Nancy@NancyShea.ca

www.NancyShea.ca

YO U H O L D T H E P OW E R .

P RICES AR E UP F R O M 2 0 1 9

THE ENERGY IS COMING BACK & THE MARKET IS HEATING UP! HIGH BUYER DEMAND

HISTORICALLY LOW INTEREST RATES

LOW HOUSING INVENTORY

PREPARED ESPECIALLY FOR

JONATHAN AND ANGELA-MARIE WILLIAMS PRESENTED BY

Jonathan and Angela-Marie, With interest rates remaining low and home prices increasing at a healthy pace, homes in Morrison are in high demand. If you are planning on selling, contact Nancy today at 416-520-4785 to create a safe and effective plan that works for you and your family.

The Nancy Shea Team, Your Morrison Specialists

TEAM

www.NancyShea.ca

WHY CHOOSE NANCY SHEA? TEAM

416-520-4785 Nancy@NancyShea.ca

www.NancySeah.ca

“Nancy managed to sell the home with minimal disturbance to our family. We were very pleased with her efforts and results on both sides of our sale and purchase transactions.”

MORRISON

Local Knowledge: Process Knowledge: Responsiveness: Negotiation Skills:

MARKET ACTIVITY JULY • 2020

THERE ARE 51 HOMES CURRENTLY ACTIVE IN MORRISON

YEAR-TO-DATE REAL ESTATE REVIEW

MORRISON Jonathan and Angela-Marie, Statistics show that so far in 2020 Morrison has seen increases in key market indicators over 2019, but what does this mean for you as a homeowner? If you’ve considered selling, now is the time to get a great return from your investment! Call me today at 416-520-4785 to find out how I will help you maximize your home’s selling potential!

LOW

$1,050,000

AVERAGE HIGH

$2,469,142

Sold Prices Year-to-Date 2020

60

$1,350,000

LOW AVERAGE

$4,500,000 HIGH

Fewer homes are being listed so there are fewer sales but prices are up!

$2,297,609 $5,200,000

Sold Prices Year-to-Date 2019

95.7%

$854

AVERAGE DAYS ON MARKET YTD 2020

AVERAGE SOLD PRICE TO LIST PRICE RATIO YTD 2020

AVERAGE PRICE PER SQUARE FOOT YTD 2020

LOW: 2 • HIGH: 203

LOW: 86.0% • HIGH: 110.0%

LOW: $529 • HIGH: $1,429

11 Days Longer Than YTD 2019

0.6% Less Than YTD 2019

$9 Less Than YTD 2019

Reflects data from the Oakville Real Estate Boards MLS from January 1st to June 27th of 2019 and 2020. Data deemed accurate but not guaranteed.

Bedrooms Range 2-6

Washrooms Range 1.0-8.6

Est. Sq. Ft. Range* 1,100-29,000

List Price Range $1,290,000-$49,995,000

MORRISON HOMES SOLD SINCE MARCH 1ST, 2020 Age

Style

Bedrooms

Washrooms

Approx.

Sq. Ft.*

Sold Price

Sold Date

Days on Market

0-5 Years

2 Storey

5

6.2

4,500

$4,500,000

06/26/20

120

31-50 Years

2 Storey

5

3.1

2,900

$2,020,000

06/26/20

2

16-30 Years

2 Storey

5

4.1

3,700

$2,365,000

06/15/20

22

51-99 Years

Bungalow

4

2.1

1,300

$1,325,000

06/15/20

23

31-50 Years

Sidesplit

3

2.1

1,500

$1,220,000

06/15/20

20

0-5 Years

2 Storey

4

5.1

4,900

$4,200,000

06/05/20

132

N/A

2 Storey

6

3.1

N/A

$1,960,000

06/01/20

4

6-15 Years

2 Storey

6

5.1

4,800

$4,000,000

05/29/20

189

51-99 Years

Bungalow

4

2.0

1,100

$1,600,000

05/29/20

2

0-5 Years

2 Storey

5

4.1

4,200

$4,225,000

05/14/20

182

New

2 Storey

5

7.2

6,300

$4,300,000

05/08/20

32

51-99 Years

Bungalow

3

2.1

N/A

$2,140,000

05/07/20

90

0-5 Years

2 Storey

5

5.1

3,500

$2,200,000

04/30/20

7

31-50 Years

Sidesplit

4

2.1

2,200

$1,805,400

04/29/20

24

6-15 Years

2 Storey

5

5.2

5,100

$3,980,000

04/27/20

53

31-50 Years

2 Storey

4

2.2

2,800

$2,310,000

04/22/20

3

51-99 Years

Bungalow

4

3.1

2,300

$2,075,000

04/22/20

58

51-99 Years

2 Storey

4

3.1

3,600

$2,479,800

04/16/20

4

Nancy Shea and RE/MAX Aboutowne Realty are not in any way affiliated with Morrison Owners Association, nor is this in any way an official advertisement or publication of Morrison. © 2020 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the Oakville Real Estate Boards MLS between March 1st, 2020 and June 27th, 2020. 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 (REM) | www.REALMarketing4You.com | 604.841.1739 | ©2020