Nancy Shea - Morrison - October 2018

Aboutowne Realty Corp., Brokerage

1235 North Service Road West Suite 100 Oakville, ON L6M 2W2

TEAM C CELL EMAIL E W WEB

Each Office Independently Owned and Operated.

ATTENTION POSTMASTER: Time Sensitive Materials

416-520-4785 Nancy@NancyShea.ca

MORRISON OCTOBER 2018 REAL ESTATE MARKET REPORT

www.LiveInMorrison.com

Published by REAL Marketing (REM) | www.REALMarketing4You.com | 604.880.5816 | ©2018

Morrison/Ford Re-Sale Homes

9 Months 2018

NUMBER OF HOMES SOLD 2018: 89 HOMES 2017: 164 HOMES

AVERAGE SALE PRICE

MONTH

SO

F

IN

VE

2018: $2,131,000 2018: 6 MONTHS 2017: 3 MONTHS

DAY

NTORY

2017: $2,194,000

www.LiveInMorrison.com PREPARED ESPECIALLY FOR

JONATHAN AND ANGELA-MARIE WILLIAMS

S

O

N MA 2018: 39 DAYS

RKET

Jonathan and Angela-Marie, Find out what your home is worth in today’s market! Call 416-520-4785 or visit www.LiveInMorrison.com for a FREE, no-obligation home assessment!

2017: 17 DAYS

NANCY SHEA | 416-520-4785 | WWW.LIVEINMORRISON.COM Data based on listings from OMDREB from January 1st to September 30th, 2018. Information deemed accurate but not guaranteed.

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JONATHAN AND ANGELA-MARIE, OUR HOME VALUES ARE STILL UP +54% OVER THE LAST 5 YEARS! TEAM CELL EMAIL WEB

416-520-4785 Nancy@NancyShea.ca www.LiveInMorrison.com

Sales of re-sale homes are down considerably this year

no sense of urgency. The Fall market could be the best

compared to the previous few years with Prices -8% vs.

market of the year. Appointments to see homes have

2017. 89 Re-Sale Homes have sold in Morrison/Ford (we

increased; an indicator of sales to come. Southeast

were involved in 13% of those sales). The year started

Oakville rebounded in the Fall of 2017 and we are

well then; poor weather, higher Interest Rates, the

anticipating the same this year. The positive Toronto

Mortgage Stress Test and getting money out of China

home sale news and Oakville ranked #1 as Canada’s

all combined to slow buying. Many Buyers and Buyer

Best Place to Live are good for us.

Agents were hoping prices would fall and there was

DON’T MISS YOUR MORRISON UPDATES

MORRISON REAL ESTATE MARKET REPORT

Morrison Homes Currently Listed

For more information on these listings, please call me at 416-520-4785.

58 Homes | 2.0 - 11.0 Bedrooms | 1.0 - 14.0 Washrooms | 950 - 28,975 Approx. Sq. Ft. | $1,238,000 - $59,000,000

FOLLOW ME ON:

@NANCYSHEATEAM Jonathan and Angela-Marie, I care about keeping you up to date on home values, listings, events, and more. Follow me on my social media pages for even more updates!

NANCY SHEA | 416-520-4785

Morrison Homes Recently Sold Status

Approx. Age

Style

Bedrooms

Washrooms

Approx. Square Footage*

Sold Price

Sold Date

DOM

Sold Sold Sold

51-99 Years 0-5 Years 51-99 Years

Sidesplit 2 Storey Bungalow

5 5 3

4.0 4.1 2.0

2,400 4,600 1,400

$2,000,000 $3,275,000 $1,650,000

09/28/18 09/28/18 09/19/18

115 109 21

Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold

31-50 Years 51-99 Years 51-99 Years 31-50 Years 31-50 Years 31-50 Years 51-99 Years 31-50 Years 16-30 Years 51-99 Years 0-5 Years 16-30 Years

2 Storey Bungalow Sidesplit 2 Storey 2 Storey 2 Storey Bungalow Sidesplit 2 Storey Bungalow 2 Storey 2 Storey

5 2 3 4 6 5 3 6 5 5 5 6

2.1 2.1 1.1 2.1 3.1 3.1 2.0 3.0 5.1 4.0 6.1 5.1

4,000 1,600 1,300 2,800 3,400 3,200 1,500 2,100 3,900 2,300 5,300 4,700

$2,625,000 $1,650,000 $1,950,000 $1,950,000 $2,050,000 $2,075,000 $1,900,000 $2,135,000 $2,940,000 $2,760,000 $5,250,000 $3,410,000

09/13/18 08/30/18 08/30/18 08/29/18 08/28/18 08/17/18 08/15/18 08/15/18 08/15/18 08/14/18 08/14/18 08/13/18

77 176 41 32 15 64 14 9 32 6 14 6

Sold

31-50 Years

2 Storey

6

4.1

4,000

$2,240,000

08/02/18

27

Nancy Shea, RE/MAX Aboutowne Realty, and The RE/MAX Collection are not in any way affiliated with any Morrison Owners Associations, nor is this in any way an official advertisement or publication of Morrison. © 2018 The RE/MAX Collection. All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the Association of Realtors® (AOR), the Toronto and Oakville Real Estate Boards, their MLS systems, as well as property builders by location as of October 1st, 2018. Listings and sales may not be those of RE/MAX Aboutowne. Neither TREB, OMDREB, nor its MLS systems guarantee the accuracy of this data, which may not reflect all of the real estate activity in the area. E&OE. 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 TREB regulations, full disclosure of all listing and sold data is only available upon request. *Square footage rounded down to nearest hundred.