Moore Park Home Sales Statistics for May 2019
Sales Volume Changes*
All homes - down 4.7% to 41
Detached - up 5.6% to 38
Semi-detached - down 60% to 2
Dollar Value Changes*
All homes - up 21.5% to $3,045,223
Detached - up 19.2% to $3,192,109
Semi-detached - down 28.5% to $1,122,000
*MLS 12-month year-over-year changes ending May 31, 2019; Provided by Jethro Seymour
As of June 3, 2019, there are 11 homes available in the Moore Park area, ranging in price from $1,618,000 for a semi-detached home on Moore Avenue (237 days on the market) to $3,695,000 for a detached home on Rosedale Heights Drive (40 days on the market).
Last month, 10 homes sold in Moore Park, all were detached homes. The average time to sell a home was 8 days. The home on St. Clair Avenue East sold two days after it was listed, while the longest lasted 25 days. This doesn't include the four homes that have been listed for more than 30 days or the seven homes that were listed in the month of May and are not selling at their current listed prices.
Five of the May home sales sold at or above their listed price. Last month’s most valuable home sale was a detached 4-bedroom, 6-bathroom home on 50 x 143-foot lot with a private drive and garage on Rose Park Drive. It sold for $4,600,000, or 98% of the original listing price. It was followed by the Glenrose Avenue home which sold for $4,200,000, or 100% of the asking price.
Entry into the Moore Park market now requires buyers to spend at least $1,700,000 for a detached home. Buyers continue to look for homes in midtown while low inventory endures as the main driver of competitive bidding.
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.
Moore Park Sales in
|Detached||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 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.