18%vs. 2017

18%

109%38%

vs. 2017

vs. 2017 vs. 2017

Lorne Park Market ReportAugust 2018

laroseteam.com

905.278.7355Real Estate Team

Detached/SemiTownhouse

Condos

121N/A

# Houses SoldDetached/Semi

Townhouse Condos

$1,051,167$792,500N/A

Average Price

Detached/SemiTownhouse

Condos

242N/A

Days on MarketDetached/Semi

Townhouse Condos

97%102%N/A

Sale-to-List Price

Lorne Park Stats (July 2018)

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Complimentary Evaluation CONTACT US and we will provide you with a complimentary and confidential evaluation of the market value of your property. It may be worth more than you think! 905.278.7355Contact us at www.laroseteam.com

Mississauga- No doubt 2018 has been off to a cautious start as buyers have been waiting on the sidelines for the market to stabilize. ‘In the past 3 weeks, we have noticed more hits on our website and more showing appointments booked on our listings’ says Kevin Larose of the Larose Team.

After a cautious spring market, it looks like buyers are feeling more confident the market won’t fall any further. This coupled with the fact that interest rates are up and all indica-tions point to further rate increases has helped buyers to get moving on their decisions to pur-chase. Buyers who had moved to the sidelines because of the psychological impact of the

Ontario Fair Housing Plan and stricter lend-ing criteria have re-entered the market. ‘Most years, we wouldn’t be seeing buyers hovering over properties in July and August- but this year is different’ according to Kevin.

Sales in Mississauga in July jumped 9% from July 2017 for all home types. The aver-age price for all property types rose 2% to $706,570 from last July. Months of supply are a balanced 2.2% and the average days on market is 30 here in Mississauga compared to 25 in the GTA.

The mix of homes selling in the GTA has also shifted recently with buyers showing a

renewed interest in detached homes. ‘This is typical as the cycle lines up with the school year’ says Kevin.

‘Looking ahead to the fall market- things are shaping up strongly as we have signed up sev-eral Exclusive listings over the past few weeks adds Kevin. We expect a strong fall market compared to last year and have qualified buy-ers looking to purchase in the prime pockets of Mineola.

If you are looking to make a move this fall, please contact us at 905 278-7355 or email kevin@laroseteam.com

JULY MARKET SHOWS SIGNS OF CONFIDENCE

JUST SOLD REPORTSCurious about what’s going on in the local real estate market? Do you wonder what your neighbours sold their house for- or what yours might be worth?

The Just Sold Report gives homeowners a tool to assess the value of their home and helps buyers make informed decisions about their next home purchase. CREATE YOUR FREE ACCOUNT AT: www.homesoldprices.ca Available daily

Units

Lorne Park Market Report August 2018

Laroseteam.com

905.278.7355

Lakeview Lakeview

Lorne Park • Contact Kevin for detailsMineola East • Offered at $2,395,000 Sheridan • Contact Kevin for details

Port Credit

Clarkson • Offered at $899,000

Port Credit

EXCLUSIVE

City Centre • Offered at $398,000Lorne Park • Contact Kevin for details Milton • Offered at $1,395,000Port Credit • Semi • Offered at $1,560,000

EXCLUSIVE

NEW BUILDEXCLUSIVE NEW BUILD

SOLD SOLD SOLD SOLD

In the real estate business, it has become common to see listings inch onto the market in a variety of ways. What are the main dif-ferences and how do we at the Larose Team handle each option?

‘EXCLUSIVE LISTING’ An exclusive listing with the Larose Team is a level of service created to get your property in front of interested buyers- quality vs quanitity. Our team of professional agents work on find-ing the buyer for your property by prospecting our database, doing exclusive on line market-ing and and pre-qualifying potential interested buyers. We start with a personalized marketing plan which we roll out to our database and visitors to our website. When you list exclusively with us, we will have the sole right to showcase your prop-erty for the duration of the listing. We make concessions for agents within our brokerage only - the goal is to sell the property ourselves resulting in a higher net for you, the seller.

‘COMING SOON’This has become another way of marketing ‘EXCLUSIVE’ listings. A coming soon listing must be signed up just like an exclusive list-ing. We place a coming soon sign on the prop-erty which notifies the general public that the property will be coming to mls shortly. The new treb rules stipulate the sign rider must include ‘COMING SOON TO MLS®’ for it to be valid. A coming soon listing is usually up for no longer than 3 weeks while the property is being prepared.

‘MLS®’ A full listing which gets placed on treb and populates out to Realtor.ca and numerous other web listing portals. For a listing to get accepted onto TREB, it must be signed up for a minimum of 60 days and be ready to show to the general public within 24 hours. If you are thinking of selling your home in the next few months, please contact Kevin and we will provide you with all the details and help you choose which strategy will work best for your property.

LISTINGS - EXCLUSIVE, COMING SOON OR MLS®?

1. Complimentary & Confidential Home Evaluation

2. Team Approach - WE Cover all details3. Preparing YOUR PROPERTY - Network of

preferred partners/trades4. Staging -Complimentary staging consult /

Accessorizing to maximize the value of your home

5. Pre-Home Inspections6. Complimentary Home Cleaning services7. Branding - A Custom strategy for your home8. In house marketing team9. Professional Photographer & Videographers10. Custom Floorplans & Virtual Photo Tours

11. Professionally designed & printed property brochures

12. ‘Coming Soon’ program - E-blast to our exclusive database

13. Just Listed Mailer14. Agent Preview - E-blast to our exclusive

database15. Targeted ‘Open House program’16. Online presence - includes video tours - social

Media channels ,Google, Facebook, Instagram, YouTube, Vimeo

17. Drone Photography18. International targeted ads to maximize exposure

to the right buyers

19. In house real estate lawyers20. Keller Williams preferred partnerships with cibc

& RBC Mortgage advisors21. Listed on Keller Williams International website

with access to over 175,000 agents and their clients worldwide

22. Relocation Services23. Inside sales prospecting the Larose buyer

database24. Access to Larose Exclusive ‘Client Zone’ website

for instant feedback25. Professional in house team handles all legal and

fiduciary duties26. Experienced Negotiators - We represent your

interests and deliver results

OUR SERVICES - THE DIFFERENCE IS IN THE DETAILS: