CATHY GRAHAM Sales Representative
416.722.7158 CathyGraham@Rogers.com www.HomesInMarklandWood.com www.CathyGraham.co
Attention Postmaster: Time Sensitive Material
Each office independently owned and operated.
JACQUELYN BURKE Sales Representative
647.290.5254 Jackie.burke143@gmail.com
Markland Wood Real Estate Market Report | August 2022
100% CLUB / 200% CLUB / PLATINUM CLUB / CHAIRMAN’S CLUB Published by REAL Marketing (RM) | www.REALMarketing4You.com | 604.841.1739 | © 2022
EXCEPTIONAL SERVICES, SUPERIOR RESULTS! SOLD OVER ASKING!
Presented by Cathy Graham and Jacquelyn Burke Your Markland Wood Real Estate Resource
17 BURNT LOG CRESCENT | OFFERED AT $2,299,000 Friends and Future Neighbours, Let us achieve the same exceptional results for you as we did for these clients. Call us at 416.722.7158 or 647.290.5254 to have your home professionally marketed and featured in our monthly publication.
Prepared Especially for Friends and Future Neighbours
CATHY GRAHAM
Markland Wood
Sales Representative
416.722.7158 CathyGraham@Rogers.com www.HomesInMarklandWood.com www.CathyGraham.co
JACQUELYN BURKE Sales Representative
647.290.5254 Jackie.burke143@gmail.com
Years of Proven Performance... Makes The Difference 100 Percent Club
200 Percent Club
100% CLUB | 200% CLUB | PLATINUM CLUB | CHAIRMAN’S CLUB
What a
READJUSTING MARKET
Means for You
Headlines report current market conditions that may leave you with more questions than answers. The past two years were record-breaking in nearly every way. Record-low mortgage rates, an influx of buyers, sellers waiting to list, and years of under-building created the most unique market.
This combination led to record-high demand and record-low supply, but wouldn’t be sustainable long term.
Friends and Future Neighbours, The real estate market is changing – if you’ve thought about making a change and moving into your next dream home, call us today at 416.722.7158 or 647.290.5254. Let’s discuss your options!
HOME SHOWINGS 2019 gave a good baseline of pre-pandemic levels. Showings skyrocketed during the pandemic, and while current demand has begun to moderate slightly, showings are still above 2019 and 2020 levels.
Real Estate Market Report | For more information, please visit: www.HomesInMarklandWood.com
Friends and Future Neighbours, This market report was created especially for you. For a more in-depth, comparative market analysis on your property, call us today at 416.722.7158 or 647.290.5254.
Markland Wood Homes Currently Listed Status
Style
Bedrooms
Bathrooms
Month Listed
List Price
Active
Backsplit
4
2
June
$1,450,888
Active
2 Storey
4
3
May
$1,749,900
Active
Backsplit
4
2
July
$1,798,000
Active
2 Storey
4
4
June
$2,549,000
Markland Wood Homes Sold in the Last 6 Months Street Name
Style
Bedrooms
Bathrooms
Month Sold
DOM
Sold
Burnt Log Crescent
2 Storey
5
4
June
7
Sold
Cherry Post Crescent
2 Storey
4
3
June
7
Sold
Markland Drive
2 Storey
5
4
June
37
Sold
Fieldstone Road
2 Storey
4
3
May
6
Sold
Arbroath Crescent
Backsplit
4
2
April
24
Sold
Silverthorne Bush Drive
Backsplit
4
3
April
7
Sold
Toledo Road
2 Storey
3
3
March
2
Sold
Mill Road
Bungalow
3
4
March
5
“This has been expected and forecast for some time — A slowdown to more normal levels of sales and a flattening out of prices.” —CREA Chief Economist
Sold
Boxbury Road
Bungalow Raised
3
2
March
6
Sold
Markland Drive
Bungalow
3
3
February
7
Sold
Forest View Road
Backsplit
3
5
February
7
Sold
Toledo Road
2 Storey
3
4
February
7
THE MARKET ISN’T CRASHING
Sold
Grasspoint Crescent
Backsplit
3
4
February
3
Sold
Broadfield Drive
Backsplit
3
3
January
12
EXISTING HOME SALES Perspective is everything! While headlines are talking about sales declining, the market is on pace to close this year with more sales than 2019 and surpassing 2020.
THE EXPERTS SAY IT BEST
IT’S A TURNING POINT THAT’S MOVING BACK TOWARD MORE PRE-PANDEMIC LEVELS.
Status
Cathy Graham and RE/MAX Professionals Inc. are not in any way affiliated with Markland Wood Owners Association, nor is this in any way an official advertisement or publication of Markland Wood. © 2022 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the Real Estate Board of Toronto (TREB) between January 7th, and July 7th, 2022. Listings and sales may not be those of RE/MAX Professionals Inc. The (TREB) 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. If you do not wish to receive any further newsletter correspondence, please contact me by email or telephone.