Chaplin Estates Home Sales Statistics for August 2022
Sales Volume Changes*
All homes - up 20% at 54 homes sold
Detached - up 11.1% to 40 homes sold
Semi-detached - no change at 3 homes sold
Dollar Value Changes*
All homes - up 7.6% to $2,754,396
Detached - up 13% to $2,939,935
Semi-detached - up 5.4% to $1,710,000
*MLS 12-month year-over-year changes ending August 31, 2022; Provided by Jethro Seymour
As of September 1, 2022, there are nine homes available in the Chaplin Estates area, ranging in price from $2,249,000 for a detached home on Chaplin Crescent (17 days on the market) to $5,280,000 for detached home on Tarlton Road (2 days on the market).
Last month, two homes sold in Chaplin Estates, including one detached and one multiplex home. The average time to sell a home was eight days. The home on Warren Road sold two days after it was listed, while the other home remained on the market for 14 days. This doesn’t include the three homes that have been listed for more than 30 days or the six homes that were listed in the month of August and are not selling at their current prices.
Only one home sold at or above their initial asking prices. Last month’s most valuable home sale was an 8-bedroom, 5-bathroom multiplex home on a 46 x 110-foot lot with a mutual drive and detached garage on Highbourne Road. It sold for $2,800,000, which was 88% of the original listing price. The other home on Warren Road sold for $2,485,000 which was 100% of the initial listing price.
Entry into the Chaplin Estates market now requires buyers to spend at least $2,200,000 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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View Home Sales Statistics for July 2022 here..
August 2022 Sales
in Chaplin Estates
|Detached||No. Sold||Avg Price||% of List price||Days on market|
|Multiplex||No. Sold||Avg Price||% of List price||Days on market|
Source: TREB MLS Sales Data as of September 1, 2022;
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.