Sophia Song-Aurora-September 2020

REAL ESTATE MARKET Attn: Sophia Song 15004 Yonge Street | Aurora, ON L4G 1M6 CA

REPORT

SEPTEMBER 2020

SOPHIA SONG

Sales Representative CLHMS Million Dollar Guild, ABR

416.356.9215

Sophia@SongTeam.ca

NICK XU

Broker, P Eng. LUXE Luxury Listing Specialist

647.502.9215

Nick@SongTeam.ca

THIRD QUARTER

REAL ESTATE TRENDS

Home Prices are Holding Up

Paperless Mortgage Process

Despite the shifting economy, bidding wars are common, as eager buyers compete for limited inventory.

The industry has moved to a completely digital process with breathtaking speed.

More loans are likely to close quickly.

Millennials are Starting to Buy Millennials want to buy homes and are poised to jump into the market.

Some foresee a boom in home buying in the coming years.

Shopping for Homes is Viral Virtual tours allow homes to be sold despite buyers never setting foot in the home. More Realtors are investing in technology.

PRESTIGIOUS HOMES OF

AURORA Low Rates are Here to Stay Many economists expect rates to remain low and possibly trend lower.

This increases buyer’s purchasing power and drives up prices.

Migration to the Suburbs Strong buyer interest has shifted to suburban neighborhoods.

Densely populated city centers are reporting tepid activity.

JONATHAN AND ANGELA-MARIE, Now is the time to take advantage of the unique market! Call us today to get started.

SOPHIA: 416.356.9215 | NICK: 647.502.9215

N O RT H E A S T

W E C E L E B R AT E A N D S E RV E A L L O F AU R O R A’ S D I V E R S I T Y W E S P E A K E N G L I S H A N D M A N DA R I N

PREPARED ESPECIALLY FOR

Jonathan and Angela-Marie Williams

www.AuroraNorthEast.com

PRESENTED BY

SOPHIA SONG

AND

NICK XU

PRESTIGIOUS HOMES OF

AURORA N O RT H E A S T

OUR MISSION

SOPHIA SONG

Sales Representative CLHMS Million Dollar Guild, ABR

416.356.9215

Sophia@SongTeam.ca

NICK XU

Broker, P Eng. LUXE Luxury Listing Specialist

647.502.9215

We set and pursue the highest business, professional, and ethical standards with the utmost integrity, guided by our duty to our clients and ourselves.

Nick@SongTeam.ca

JONATHAN AND ANGEL A-MARIE , This market report was created especially for you. If you would like more information about any of these homes or would like a complimentary assessment of your house, please call us.

SOPHIA: 416.356.9215 | NICK: 647.502.9215 7 AT TAC H E D H O M E S F O R SA L E

Real estate updates at your fingertips

Visit AuroraNorthEast.com/market-report to view our market reports online!

YO UR SA F E T Y I S OUR P R I O R I T Y

1 7 D E TAC H E D H O M E S F O R SA L E

BEDS RANGE

BATHS RANGE

BEDS

BATHS RANGE

3-4

3-4

3-4

3-6

EST. SQ. FT. RANGE*

LIST PRICE RANGE

EST. SQ. FT. RANGE*

LIST PRICE RANGE

1,500-2,500

$849,000-$1,288,000

1,500-5,000+

$899,900-$1,799,999

6 AT TAC H E D H O M E S S O L D I N T H E L A S T 3 0 DAYS BEDS

BATHS

EST. SQ. FT.

SOLD PRICE

DAYS ON MARKET

We at Song Team - RE/MAX Hallmark York Group recognize the seriousness of the current situation and would like to update our business plans as follows:

3

3

1,500-2,000

$845,000

10

3

3

1,500-2,000

$850,000

11

3

3

1,500-2,000

$895,000

7

4

3

2,000-2,500

$916,000

5

FOR OPEN HOUSES • We will only host live stream open houses.

• There will be NO PUBLIC OPEN HOUSES. • Private showings by APPOINTMENT ONLY.

3

4

2,000-2,500

$940,000

18

3

4

2,000-2,500

$986,990

36

FOR BUYERS • We will send you a complimentary VR headset to view listings virtually.

• For vacant properties we will arrange virtual showings.

• When in-person showings are necessary, we will conduct showings in a safe and responsible manner.

FOR SELLERS • Meetings and consultations that were previously held in-person will now be conducted virtually.

• We will continue providing professional photography, video tours, and 3-D Matterport virtual tours for maximum exposure.

• We will screen every agent and potential buyer before any showing request.

Fin eHo m e sTO. com/covid For more information on the safety precautions we are taking during these unprecedented times.

1 6 D E TAC H E D H O M E S S O L D I N T H E L A S T 3 0 DAYS BEDS

BATHS

EST. SQ. FT.

SOLD PRICE

DAYS ON MARKET

3

4

N/A

$1,000,000

9

4

4

2,000-2,500

$1,010,000

2

4

3

2,000-2,500

$1,085,000

55

4

4

2,000-2,500

$1,130,000

34

4

3

2,000-2,500

$1,137,999

14

4

3

2,500-3,000

$1,185,000

19

5

4

3,000-3,500

$1,265,000

23

4

4

2,500-3,000

$1,270,000

7

4

4

3,000-3,500

$1,280,000

28

4

3

2,000-2,500

$1,290,000

59

4

5

3,000-3,500

$1,320,000

56

5

5

3,000-3,500

$1,350,000

7

4

4

3,000-3,500

$1,398,888

8

4

4

2,500-3,000

$1,400,000

10

4

4

3,000-3,500

$1,458,000

37

4

4

3,500-5,000

$1,600,000

2

Due to TREB regulations, full disclosure of all listing and sold data is only available upon request.

Sophia Song, Nick Xu, and RE/MAX Hallmark Realty Limited are not in any way affiliated with Aurora Home Owners Association, nor is this in any way an official advertisement or publication of Aurora. ©2020 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the Toronto MLS (TREB) between July 18th, 2020 through August 17th, 2020. Listings and sales may not be those of RE/MAX Hallmark Realty Limited. The Toronto 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.

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