Nancy-Shea-Morrison-June 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

JUNE 2020

MORRISON REAL ESTATE MARKET REPORT

Nancy@NancyShea.ca

www.NancyShea.ca

“The Energy is Returning” TO THE REAL ESTATE MARKET Jonathan and Angela-Marie, As the pandemic forced us to “stay home,” the last thing on most people’s minds has been real estate. Rightly so, we have been more concerned with the safety of our friends and family and coping with our new way of life. Planned shopping, meals and watching the news to track the daily count of new cases became the daily grind.

With the opening now underway, we are seeing the energy return to our lovely town of Oakville.

More people are out and about, and it feels as though we are on the path toward a new normal.

From a real estate perspective, the number of homes sold in Southeast Oakville for the first five months of 2020 was down 50% from 2019. The good news is prices in Southeast have held strong with the average home in Southeast Oakville selling for 4.5% higher than last year. The best news is that buyers are returning to the market and new listings are popping up. Since March 12th, calls to our brokerage are up 440% and showings +390%! As for sales, the last week of May was the third best week of the year!

Proactively adopting new COVID-19 strategies and protocols to ensure the safety of our clients and team has been our primary focus. Having done so, we are well prepared to answer any questions you may have regarding the real estate market and where it is today and moving forward. It is our goal to provide you with the most up to date real estate information so that you can make the best decisions for your family.

PREPARED ESPECIALLY FOR

JONATHAN AND ANGELA-MARIE WILLIAMS

Please call us if you have any questions or concerns that we may be able to help you with.

Stay Safe and hope to chat soon!

Nancy Shea | 416-520-4785

PRESENTED BY

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

MORRISON

AT A GLANCE (SINCE 01/01/20)

“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:

ACTIVE

SOLD

MARKET ACTIVITY JUNE • 2020

If you would like to know more about how your home value has been affected by the recent changes in our market, contact me today.

CALL ME TODAY 416-520-4785.

THERE ARE 36 HOMES CURRENTLY ACTIVE IN MORRISON

AT A GLANCE

Bedrooms Range 3-6

Washrooms Range 1.0-8.6

Est. Sq. Ft. Range* 1,200-29,000

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

MORRISON HOMES SOLD SINCE JANUARY 1ST, 2020 Average Sold Price

$2,491,100

Average Days on Market

37

Average Price Per Sq. Ft.

$878

Average Sold to List Price Ratio

96.93%

©2020 Google. This map represents data shown to the right.

ACCURATE HOME ASSESSMENTS MATTER...

AND SO DOES YOUR REALTOR! When searching for a Realtor, remember that just as every home is different, so are Realtors and the services they provide. You owe it to yourself to find the best fit for you and your home.

www.NancyShea.ca

Age

Style

Bedrooms

Washrooms

Approx.

Sq. Ft.*

Sold Price

Sold Date

Days on Market

N/A

2 Storey

6

3.1

N/A

$1,960,000

06/01/20

4

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

0-5 Years

2 Storey

5

5.1

3,500

$2,200,000

04/30/20

7

6-15 Years

2 Storey

5

5.2

5,100

$3,980,000

04/27/20

53

51-99 Years

Bungalow

4

3.1

2,300

$2,075,000

04/22/20

58

31-50 Years

2 Storey

4

2.2

2,800

$2,310,000

04/22/20

3

51-99 Years

2 Storey

4

3.1

3,600

$2,479,800

04/16/20

4

N/A

Bungalow

4

1.1

N/A

$1,050,000

03/02/20

68

31-50 Years

Bungalow

3

1.0

1,000

$1,313,400

03/02/20

14

31-50 Years

2 Storey

5

4.1

4,400

$2,400,000

03/02/20

17

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 January 1st, 2020 and June 4th, 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