The final quarter of 2012 is upon us, and October was a low-volume month in the Moore Park neighbourhood. During October 2012, only four homes sold, garnering an average price of $990,222. In October 2011, five homes sold, fetching an average sale price of $1,212,600.
However, the actual volume of year-to-date detached home sales is up 23.91% compared to this time last year. Through October 31, 2012, 46 Moore Park homes changed hands; from January 1, 2011-October 31, 2011, 35 Moore Park homes sold. Also, average Moore Park sale prices are up 7.31% over last year, with the value of a detached home in the neighbourhood selling for an average of $1,631,467. The highest-value home to sell so far in 2012 is a newly build 4,200-square foot home on Rose Park Drive, which sold for $3.175 million. In 2011, the most expensive residential real estate transaction in Moore Park had a $2.75 million price tag.
As of November 5th, 2012, there were four homes available for sale in Moore Park, ranging from a 4-bedroom home on Heath Street East listed at $1,199,000 to a spectacular arts-and-crafts-style 5-bedroom, 5-bathroom detached home on Hudson Drive listed for $2,490,000. This amazing home is situated on at huge 50’ x 310’ ravine lot, offering plenty of privacy and a serene place for nature lovers to call home.
If you are interested in living in Moore Park, 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.