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ATTENTION POSTMASTER: Time Sensitive Materials

ABOUTOWNE

TEAM

Realty Corp., Brokerage 1235 North Service Road W. Suite 100, Oakville, ON L6M 2W2 Each Office Independently Owned and Operated.

416.520.4785

MAY 2023

MORRISON REAL ESTATE MARKET REPORT

Nancy@NancyShea.ca

www.NancyShea.ca

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

Leonardo and Angelica Washington

- Nancy

PRESENTED BY

416.520.4785 Nancy@NancyShea.ca

The Nancy Shea Team, Your Morrison Specialists

TEAM

www.NancyShea.ca


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