Chaplin Estates Home Sales Statistics for February 2021
Sales Volume Changes*
All homes - up 2.9% at 36 homes sold
Detached - up 18.5% to 32 homes sold
Semi-detached - down 80% to 1 home sold
Dollar Value Changes*
All homes - up 9.3% to $2,487,699
Detached - up 3.2% to $2,527,974
Semi-detached - down 7.1% to $1,250,000
*MLS 12-month year-over-year changes ending February 28, 2021; Provided by Jethro Seymour
As of March 1, 2021, there are two homes available in the Chaplin Estates area, ranging in price from $2,099,000 for a detached home on Eastbourne Ave (7 days on the market) to $2,688,000 for another detached home on Elmsthorpe Avenue (41 days on the market).
Last month, four homes sold in Chaplin Estates, all were detached homes. The average time to sell a home was 21 days. The home on Eastbourne Avenue sold a day after it was listed, while the longest remained on the market for 58 days. This doesn't include the single home that has been listed for more than 30 days and the other home that was listed in the month of February and has yet to sell for its current list price.
Two of the four homes sold at or above their listed price. Last month’s most valuable home sale was a detached 5-bedroom, 5-bathroom home on a 50 x 130.41-foot lot with a private drive and garage on Oriole Parkway. It sold for $3,375,000, which was 96% of the original listing price. It was followed by a detached home on Eastbourne Avenue which sold for $2,835,000 which was 114% of the asking price.
Entry into the Chaplin Estates market now requires buyers to spend at least $2,300,000 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 2021 here.
February 2021 Sales
in Chaplin Estates
|Detached||No. Sold||Avg Price||% of List price||Days on market|
Source: TREB MLS Sales Data as of March 1, 2021
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.