EXPECTED TO RISE
TORONTO REAL ESTATE BOARD
Expects sale prices in the GTA to rise in the second half of this year, with competition among buyers to heat up. Recent indications are that buyers are ready to enter the market again.
RE/MAX CANADA & OAKVILLE
A balanced market is expected in Oakville for 2023, with sale prices to increase 2% over 2022 and the number sold to fall by -5%. Move-up buyers are expected to drive demand, with single-family homes in the highest demand.
THINKING OF DOWNSIZING OR MOVING?
Start looking now before the market changes to determine your needs, where to go, and what you can do. Get your home ready so that you can sell while the competition is low. We will provide free consultation and the services to ensure your home is the most appealing in its class to get the most interest and highest value.
Leonardo and Angelica,
There’s plenty of opportunity to get a great price for your home. There is little competition right now; the numbers available for sale are down dramatically over the last 12 months. If you’ve thought about selling this year, give Nancy a call at 416.520.4785 and let her provide you with a thorough market analysis.
Through the last few years, the real estate market has been highly unpredictable. 2020 saw the market flatten out briefly before a slow build-up. 2021 was the first year of explosive growth, which led to a volatile start to 2022. By the middle of the year, interest rates catapulted, and the market slowed greatly. However, experts are predicting good signs for the market ahead! Tighter market conditions will be driven by increased demand for ownership, lower fixed mortgage rates, a
PREPARED ESPECIALLY FOR www.NancyShea.ca REAL ESTATE MARKET REPORT MARCH 2023 TEAM PRESENTED BY The Nancy Shea Team, Your Ford Specialists ATTENTION POSTMASTER: Time Sensitive Materials 1235 North Service Road W. Suite 100, Oakville, ON L6M 2W2 Each Office Independently Owned and Operated. Realty Corp., Brokerage ABOUTOWNE TEAM
416.520.4785 Nancy@NancyShea.ca www.NancyShea.ca
Leonardo and Angelica Washington
“This is the second house we have sold with Nancy and she again came through for us! We had just bought a house in Toronto, and from the time we contacted her to discuss putting our house on the market to the day we sold, was a mere 30 days! This included having our house staged and decluttered. She even arranged for help with moving some furniture into the garage, which we couldn’t manage on our own. Nancy also is very good at following up with agents who brought clients through the house and negotiating the final sale. Thanks again, Nancy!”
MARKET ACTIVITY MARCH • 2023
THERE ARE 9 HOMES CURRENTLY ACTIVE IN FORD
FORD HOMES RECENTLY SOLD
TEAM
WHY CHOOSE NANCY SHEA? Average Sold Price $2,845,222 Average Days on Market 44 Average Price Per Sq. Ft. $754 Average Sold to List Price Ratio 89% ©2023 Google. This map represents data shown to the right. ACTIVE SOLD AT A GLANCE (09/01/22-03/02/23) AT A GLANCE ACCURATE HOME ASSESSMENTS MATTER... Every home is different; so are Realtors and the services they provide. You owe it to yourself to find the best fit for you and your home. We have been in the neighbourhood for over 15+ years and are experts. Call Nancy at 416.520.4785 or nancy@nancyshea.ca. www.NancyShea.ca Nancy Shea and RE/MAX Aboutowne Realty are not in any way affiliated with Ford Owners Association, nor is this in any way an official advertisement or publication of Ford. © 2023 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the OMDREB MLS between September 1st, 2022 and March 2nd, 2023. Listings and sales may not be those of RE/MAX Aboutowne Realty. The OMDREB 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 MLS regulations, full disclosure of all listing and sold data is only available upon request. *Square footage rounded down to nearest hundred.
416.520.4785 Nancy@NancyShea.ca www.NancyShea.ca
Age Range Style Bedrooms Washrooms Building Est. Sq. Ft.* Sold Price Sold Date Days on Market 31-50 Years 2 Storey 3 2.1 2,200 $1,430,000 02/16/23 61 16-30 Years 2 Storey 5 5.1 6,800 $4,972,000 01/30/23 10 6-15 Years 2 Storey 5 5.2 8,500 $5,980,000 01/18/23 80 31-50 Years 2 Storey 4 2.1 3,200 $2,300,000 01/12/23 124 16-30 Years 2 Storey 4 3.1 2,900 $2,325,000 11/30/22 13 31-50 Years 2 Storey 6 3.1 3,300 $3,300,000 11/30/22 26 31-50 Years Bungalow 4 2.1 2,800 $1,600,000 11/15/22 53 31-50 Years Sidesplit 4 2.1 1,700 $1,620,000 11/04/22 8 31-50 Years 2 Storey 6 4.1 3,300 $2,080,000 10/31/22 22
Published by REAL Marketing (RM) | www.REALMarketing4You.com 604.841.1739 ©2023 Bedrooms Washrooms Est. Sq. Ft.* List Price 3 1.2 1,300 $1,317,777 3 2.1 2,700 $1,848,000 5 3.1 3,900 $2,368,000 5 5.1 4,900 $2,995,000 5 3.1 2,700 $3,199,000 5 2.1 5,100 $3,888,888 5 5.0 4,600 $4,299,000 5 4.0 4,100 $4,399,000 5 6.3 4,900 $4,980,000
– BT & JH