Chaplin Estates Home Sales Statistics for May 2019
Sales Volume Changes*
All homes - down 4.9% to 39
Detached - down 5.3% to 36
Semi-detached - down 66.7% to 1
Dollar Value Changes*
All homes - down 5% to $2,203,514
Detached - down 7.2% to $2,228,889
Semi-detached - up 0.2% to $1,290,000
*MLS 12-month year-over-year changes ending May 31, 2019; Provided by Jethro Seymour
As of June 3, 2019, there are nine homes available in the Chaplin Estates area, ranging in price from $1,288,888 for a semi-detached home on Lola Road (49 days on the market) to $3,900,000 for a triplex on Eglinton Avenue (49 days on the market).
Last month, five homes sold, four detached home and one duplex. The average time to sell a home was 6 days; the home on Chaplin Crescent sold one day after it was listed, while the other remained on the market for 12 days.
Four of the May home sales sold at or above their listed price. The highest-selling home was a detached 4-bedroom, 5-bathroom home on a 35 x 120-foot lot with a private drive and garage on Chaplin Crescent. It sold for $4,099,000 (99% of the asking price). It was followed by a detached home on Oriole Parkway which sold for $3,333,000 or 101% of the asking price.
Entry into the Chaplin Estates market now requires buyers to spend $1,300,000 for a semi-detached home and at least $1,700,000 for a detached home. Buyers continue to look for homes in midtown while low inventory persists as a driver of competitive bidding.
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Chaplin Estates Sales in
|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 June 3, 2019
Statistics Provided by Jethro Seymour, Broker of Record
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.