In a comparative look at Chaplin Estates neighbourhood during 2012, there was an 11.7% annual increase in the number of homes sold, with 51 homes changing hands in 2012 compared to 45 in 2011. In 2012, the average sale price of a Chaplin Estates home was $1,389,407, a healthy 23% increase compared to the $1,069,940 average sale price in 2011. There was one big sale, for $3,450,000, which has a disproportional effect on these figures. Last year, on average, Chaplin Estates homes sold for 103% of the asking price after 16 days on the market.
Detached, single-family homes are the primary focus for most buyers looking to move to Chaplin Estates. According to 2012 sales statistics, 43 single-family detached homes changed hands in Chaplin Estates. The average sale price was $1,433,483. These homes commanded an average of 104% of the asking price and sold within 14 days on the market.
If you are interested in living in Chaplin Estates, or if you are thinking about selling a home you own in the neighbourhood, contact Jethro Seymour.
Jethro is among the top 2% of Toronto real estate agents for units sold in 2011*, Jethro has the knowledge, experience and professionalism you need whenever you’re buying or selling real estate in Midtown Toronto.