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