Buyers are Returning!
After a gradual and continued slowdown that started in March 2022, it appears that the Buyer energy has returned to the Real Estate Market.
In the last month or so, there has been positive news in terms of increased sale prices and shorter times to sell in Hamilton, Burlington, and the GTA. Here in Oakville, the number sold, average price, and appointments to see homes are all up since the end of February. The days to sell are down 15%.
In Southeast Oakville, the average price, number sold, and calls into our Brokerage are all up since February of this year. Homes that did not sell late last year or earlier this year were re-listed and sold quickly. The average time to sell has dropped to 19 days (excluding one outlier) since March 1st. Current average sale prices are the highest we have seen in 12 months.
If you have been thinking about selling, call or email me, and I can help you get ready and listed.
PREPARED ESPECIALLY FOR www.NancyShea.ca TEAM PRESENTED BY The Nancy Shea Team, Your Morrison 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 MORRISON TEAM 416.520.4785
www.NancyShea.ca MAY 2023 REAL ESTATE MARKET REPORT
Nancy@NancyShea.ca
Leonardo and Angelica Washington
- Nancy 416.520.4785 Nancy@NancyShea.ca
“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!”
WHY CHOOSE NANCY SHEA? ACTIVE
THERE ARE 17 HOMES CURRENTLY ACTIVE IN MORRISON
MORRISON HOMES RECENTLY SOLD
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
TEAM 416.520.4785 Nancy@NancyShea.ca www.NancyShea.ca Average Sold Price $3,251,250 Average Days on Market 27 Average Price Per Sq. Ft. $846 Average Sold to List Price Ratio 96% ©2023 Google. This map represents data shown to the right. AT A GLANCE AT A GLANCE (02/02/23-05/03/23) MORRISON 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. © 2023 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the OMDREB MLS between February 2nd and May 3rd, 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. MORRISON MARKET ACTIVITY MAY • 2023 Age Range Style Bedrooms Washrooms Building. Est. Sq. Ft.* Sold Price Sold Date Days on Market 16-30 Years 2 Storey 6 5.2 6,900 $5,000,000 05/01/23 8 New 2 Storey 5 6.2 5,600 $4,250,000 04/28/23 136 51-99 Years Bungalow 3 1.1 2,000 $1,750,000 04/18/23 2 6-15 Years 2 Storey 5 4.1 5,300 $3,850,000 03/23/23 2 51-99 Years Bungalow 5 2.0 2,200 $2,225,000 03/16/23 4 31-50 Years 2 Storey 5 4.0 4,500 $2,530,000 03/07/23 18 51-99 Years 2 Storey 4 2.1 2,800 $3,025,000 03/03/23 5 51-99 Years 2 Storey 5 3.1 3,300 $3,380,000 02/15/23 43
Published by REAL Marketing (RM) www.REALMarketing4You.com | 604.841.1739 | ©2023 Bedrooms Washrooms Est. Sq. Ft.* List Price 5 3.1 3,300 $2,690,000 5 3.0 3,100 $2,880,000 4 3.0 2,000 $3,250,000 3 2.0 1,500 $3,680,000 3 4.1 3,400 $3,900,000 3 3.0 3,900 $4,200,000 6 5.2 5,100 $4,250,000 4 3.2 6,600 $4,885,000 5 5.1 9,200 $5,598,000 6 5.1 8,300 $6,299,000 5 4.1 6,900 $6,580,000 5 7.1 8,400 $7,100,000 5 7.1 7,000 $7,800,000 5 5.2 7,100 $8,750,000 5 5.1 7,800 $8,999,000 5 5.1 6,900 $10,500,000 6 5.3 7,100 $22,999,000
ACCURATE HOME
SOLD
– BT & JH
