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
MARCH 2021
MORRISON REAL ESTATE MARKET REPORT
Nancy@NancyShea.ca
www.NancyShea.ca
SELLING & BUYING
AT THE
SAME TIME?
Whether you are relocating for a job, downsizing, or need more space, planning to sell and buy simultaneously can be a little intimidating.
3 WAYS WE HELP EASE YOUR MIND AND SET YOU UP FOR SUCCESS KNOW YOUR MARKET
I will provide an analysis of how your home compares in the Morrison market and the value of homes in the areas you are looking. Knowing this will provide a frame work in the search for your next home.
YOUR SALES PLAN
I can tell you how quickly homes are selling and for how much over asking! We provide advice and services to help your home look its best to generate the most showings, the most offers, and best sale price.
EXECUTING YOUR PLAN
In this current Seller’s market we have developed strategies to make it all happen. Finding your home and getting the maximum exposure and sale value of your current home. Negotiating terms and closing that works for you.
PREPARED ESPECIALLY FOR
JONATHAN AND ANGELA-MARIE WILLIAMS PRESENTED BY
The Nancy Shea Team, Your Morrison Specialists
Jonathan and Angela-Marie,
Selling and buying at the same time involves a lot of moving parts. Let me help you make a smooth transition, call me today at 416.520.4785 to get started!
TEAM
www.NancyShea.ca
WHY CHOOSE NANCY SHEA?
TEAM
416.520.4785 Nancy@NancyShea.ca
www.NancyShea.ca
“We highly recommend Nancy Shea and her amazing team! Nancy is an agent whose integrity we trust and whose negotiating expertise is beyond compare.”
MORRISON MARKET ACTIVITY MARCH • 2021
— Susan and Patrick S.
THERE ARE 23 HOMES CURRENTLY ACTIVE IN MORRISON
RE/MAX CANADA EXPECTS
AVERAGE RESIDENTIAL PRICES TO RISE 4% TO 6% IN 2021! • 35% of RE/MAX brokers
indicate that “move-over” buyers from other cities and provinces will continue to spark market activity in 2021
• 45% of RE/MAX brokers
indicate that move-up buyers will likely be a primary driver of the housing market demand in 2021
• 53% of Canadians are confident that Canada’s housing markets will remain steady in 2021
• 52% of Canadians believe real estate will remain one of the best investment options in 2021 All information from - https://blog.remax.ca/ canadian-housing-market-outlook
RE/MAX Canada estimates a 6% increase in sale prices across Oakville in 2021. That has already been surpassed here in Morrison. Compared to this time 2020; the average sales price is up +14%, days to sell are down -38%, +16% more homes have sold and the close to list price is +1% higher. Right now there is a lot of buyer energy in the market. Our listings have had up to 65 showings in four days, 13 offers, and sold 18% over asking price. Most sales are “move-over” buyers coming from other cities and then “move-up” buyers who may be coming from West or North Oakville I can share more detail; call me at 416.520.4785 or email nancy@nancyshea.ca.
Bedrooms Range 2-7
Washrooms Range 1.0 - 7.1
Est. Sq. Ft. Range* 1,100 - 14,400
List Price Range $1,500,000 - $18,600,000
MORRISON HOMES SOLD SINCE DEC. 15TH, 2020 Age
Style
Bedrooms
Washrooms
Building. Est. Sq. Ft.*
Sold Price
Sold Date
Days on Market
6-15 Years
2 Storey
5
4.1
4,800
$2,700,000
03/01/21
6
51-99 Years
Bungalow Raised
3
2.1
3,000
$3,250,000
03/01/21
81
16-30 Years
2 Storey
5
4.2
4,100
$3,800,000
02/26/21
16
31-50 Years
2 Storey
5
3.1
3,300
$2,530,000
02/25/21
24
6-15 Years
3 Storey
5
3.1
N/A
$2,970,000
02/25/21
138
51-99 Years
2 Storey
3
2.1
N/A
$1,950,000
02/22/21
61
51-99 Years
2 Storey
4
4.1
2,500
$2,260,000
02/16/21
14
0-5 Years
2 Storey
5
4.1
7,500
$4,880,000
02/10/21
5
N/A
Bungalow
5
2.0
N/A
$1,325,000
02/01/21
5
51-99 Years
Bungalow
3
2.0
1,700
$1,755,000
01/29/21
41
N/A
1.5 Storey
3
3.1
N/A
$1,457,625
01/28/21
2
6-15 Years
2 Storey
4
4.1
3,300
$2,500,000
01/27/21
26
16-30 Years
2.5 Storey
6
6.2
8,400
$3,900,000
01/26/21
96
0-5 Years
2 Storey
5
5.2
4,700
$3,020,000
01/18/21
28
16-30 Years
2 Storey
5
4.1
5,400
$3,550,000
01/18/21
41
0-5 Years
2 Storey
5
6.1
4,100
$3,950,000
01/18/21
91
6-15 Years
2 Storey
5
4.1
4,700
$2,365,000
01/15/21
46
51-99 Years
2 Storey
3
2.1
N/A
$2,509,000
12/30/20
3
51-99 Years
2 Storey
4
3.1
2,600
$2,450,000
12/15/20
45
16-30 Years
2 Storey
6
5.2
8,900
$4,200,000
12/15/20
45
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. © 2021 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the Oakville Real Estate Boards MLS between December 15th, 2020 and March 3rd, 2021. 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 | ©2021