Chaplin Estates Home Sales Statistics for August 2019
Sales Volume Changes*
All homes - no change at 40
Detached - down 13.2% to 33
Semi-detached - up 150% to 5
Dollar Value Changes*
All homes - down 4.5% to $2,145,304
Detached - down 1.5% to $2,262,977
Semi-detached - up 6.5% to $1,345,378
*MLS 12-month year-over-year changes ending August 31, 2019; Provided by Jethro Seymour
As of September 4, 2019, there are five homes available in the Chaplin Estates area, ranging in price from $2,149,000 for a detached home on Elmsthorpe Avenue (48 days on the market) to $3,999,000 for a triplex on Eglinton Avenue West (40 days on the market).
Last month, three homes sold, including two detached and one semi-detached home. The average time to sell a home was 7 days; the home on Elmsthorpe Avenue sold two days after it was listed, while the longest remained on the market for 11 days. This doesn’t include the four homes that had been listed for more than 30 days.
All of the August home sales sold at or above their listed price. The highest-selling home was a detached 4-bedroom, 4-bathroom home on a 30 x 139.87-foot lot with a private drive on Elmsthorpe Avenue. It sold for $2,880,000 (103% of the asking price). It was followed by a detached home on Highbourne Road which sold for $2,525,218 or 105% 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|
|Semi-detached||No. of Sold||Avg. Price||% of List Price||Days on Market|
Source: TREB MLS Sales Data as of September 4, 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.