Chaplin Estates Home Sales Statistics for February 2020
Sales Volume Changes*
All homes - down 25.5% at 35 homes sold
Detached - down 38.6% to 27 homes sold
Semi-detached - up 150% to 5 homes sold
Dollar Value Changes*
All homes - up 3.3% to $2,276,119
Detached - up 9.2% to $2,450,564
Semi-detached - up 6.5% to $1,345,378
*MLS 12-month year-over-year changes ending February 29, 2020; Provided by Jethro Seymour
As of March 5, 2020, there are three homes available in the Chaplin Estates area, ranging in price from $2,749,000 for a detached home on Braemar Avenue (9 days on the market) to $3,998,000 for another detached home on Warren Road (38 days on the market).
Last month, Chaplin Estates properties sold at an average of five days after listing. A home on Hillsdale Avenue West sold two days after it was listed, while the longest remained on the market for 9 days. This doesn’t include the three homes that have been listed for more than 30 days or the two homes that were listed in the month of February and have yet to sell at their current prices.
Two homes sold at or above their initial asking prices. Last month’s most valuable sale involved a detached 4-bedroom, 4-bathroom home on a 65 x 120-foot lot, with a private drive and garage on Chaplin Crescent. It sold for $2,700,000 which was 96% of the initial asking price. It was followed by a home on Eastbourne Avenue which sold for $1,918,000 which was 110% of the initial listing price.
Entry into the Chaplin Estates market now requires buyers to spend at least $2,000,000 for a detached home. Buyers continue to look for homes in midtown while low inventory persists as a driver of competitive bidding.
Consider us your Chaplin Estates 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.
View Home Sales Statistics for January 2020 here.
Chaplin Estates Sales in
|Detached||No. of Sold||Avg. Price||% of List Price||Days on Market|
Source: TREB MLS Sales Data as of March 5, 2020
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.