Sales Volume Changes*
All homes - down 25.9% to 40
Detached - down 19.1% to 38
Semi-detached - down 33.3% to 2
Dollar Value Changes*
All homes - down 4.2% to $2,221,150
Detached - down 5.3% to $2,271,579
Semi-detached - down 1.0% to $1,263,000
*MLS 12-month year-over-year changes ending July 31, 2018; Provided by Jethro Seymour
As of August 3rd, 2018, there are 4 homes available in the Chaplin Estates area, ranging in price from $1,495,000 for a detached home on Duplex Crescent (30 days on the market) to $3,750,000 for a detached home on Elmsthorpe Avenue (17 days on the market).
Last month, 4 homes sold in Chaplin Estates; all of which were detached. The average time to sell a home was 14 days; one home sold a day after it was listed, while the longest lasted 35 days. This doesn't include the one home that has been listed for more than 30 days or the 3 homes that were listed in the month of July and are not selling at their current listed prices.
2 of the 4 July home sales sold at or above their listed price. The highest-selling home was a detached 4-bedroom, 4-bathroom home on a 33 x 129.91-foot lot on Oriole Parkway, with a private drive and garage. It sold for $2,475,000 (97% of the asking price). This was followed by a home on Chaplin Crescent, which sold for $2,225,000.
Entry into the Chaplin Estates market now requires buyers to spend over $1,400,000 for a semi-detached home and at least $1,600,000 for a detached home. Buyers continue to look for homes in midtown while low inventory still continues to drive bidding on homes.
Consider me your Chaplin Estates neighbourhood real estate expert and resource. When it is time to move, I am here to help with insightful strategies, expert negotiation skills and results-focused marketing plans.
Chaplin Estates Sales in July 2018
|Detached||No. of Sold||Avg. Price||% of List Price||Days on Market|
Source: TREB MLS Sales Data as of August 3, 2018
Statistics Provided by Jethro Seymour, Broker & MCNE
Moore Park Home Sales Statistics for July 2018 from Jethro Seymour, Top midtown Toronto Re...
Jethro Seymour is one of the Top Toronto Real Estate Brokers and a midtown Toronto residential specialist with over 20 years of sales experience in real estate, marketing, construction, and publishing. He has helped many families find homes in Toronto’s great neighbourhoods, and has extensive knowledge of local markets, new home construction, resale home sales, and the condo market. Living in Midtown Toronto, Jethro previews many of the homes that come to market for his clients and inventory knowledge. Jethro specializes in Chaplin Estates, Deer Park, Summerhill and North Toronto.