ATTENTION POSTMASTER: Time Sensitive Materials
ABOUTOWNE
TEAM
JUNE 2021
MORRISON
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
1 YEAR LATER: HOW HAS THE REAL ESTATE MARKET CHANGED?
Due to the COVID-19 pandemic, the Southeast Oakville real estate market has seen some dramatic changes. An analysis of May year-to-date 2021 compared to May year-to-date 2020 and 2019 gives us an idea of how much the market has shifted.
MORRISON | MAY YEAR-TO-DATE AVERAGE SALES PRICES
HOMES SOLD
41
24
2019
2020
53 2021
$2.332M
$2.956M
2019
2020
$3.760M 2021
Morrison home sales are 29% higher May year-to-date vs. the same period in 2019 and sold prices are 61% higher during the same period. • Developers are resuming building, which may ease inventory struggles
• As travel and immigration return, foreign investor demand may increase
PREPARED ESPECIALLY FOR
JONATHAN AND ANGELA-MARIE WILLIAMS
• We are seeing more buyers coming to Southeast Oakville for more amenities in their homes as they spend more time at home
PRESENTED BY
JONATHAN AND ANGELA-MARIE, The Vancouver market is showing strong signs of improvement, and properties just like yours continue to be in high demand. If you are thinking about selling, call me today at 416.520.4785, and let me help you achieve your real estate goals.
The Nancy Shea Team, Your Morrison Specialists
TEAM
www.NancyShea.ca