Sales Volume Changes*
All homes - down 9.3% to 39
Detached - down 13.9% to 31
Semi-detached - no change at 5
Dollar Value Changes*
All homes - up 15.7% to $2,809,647
Detached - up 25% to $3,126,040
Semi-detached - no change at $1,568,800
*MLS 12-month year-over-year changes ending August 31, 2018; Provided by Jethro Seymour
As of September 6th, 2018, there are 2 homes available in the Moore Park (part of C09) area, ranging in price from $1,628,000 (70 days on the market) for a semi-detached home on Moore Avenue to $3,850,000 (113 days on the market) for a detached home on Rosedale Heights Drive.
Last month, two homes sold in Moore Park, including one detached home and one duplex. The average time to sell a home was 46 days; the detached home on Inglewood Drive sold 20 days after it was listed, while the duplex on Mount Pleasant Road lasted 72 days on the market. This doesn't include the two homes that had been listed for more than 30 days.
Only the 6-bedroom, 5-bathroom detached home on a 37.5 x 139 - foot lot with a mutual drive and garage on Inglewood Drive sold at its listed price. It sold for $3,000,000. The duplex on Mount Pleasant Road sold for $1,310,000 (90% of the asking price).
Entry into the Moore Park market now requires buyers to spend over $1,600,000 for either a semi-detached or detached home. Buyers continue to look for homes in midtown while low inventory still continues to drive bidding on homes.
Consider me your Moore Park 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.
August Sales in Moore Park
|Detached||No. of Sold||Avg. Price||% of List Price||Days on Market|
|Duplex||No. of Sold||Avg. Price||% of List Price||Days on Market|
Source: TREB MLS Sales Data as of September 6, 2018
Statistics Provided by Jethro Seymour, Broker of Record
Rosedale Home Sales Statistics for August 2018 from Jethro Seymour, Top midtown Toronto Re...
Jethro Seymour is one of the Top Davisville Village 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 Moore Park, Davisville Village, Leaside and Midtown Toronto neighbourhoods.