Chaplin Estates Home Sales Statistics for February 2022
Sales Volume Changes*
All homes - up 27.8% at 46 homes sold
Detached - up 15.6% to 37 homes sold
Semi-detached - up 100% to 2 homes sold
Dollar Value Changes*
All homes - up 5.5% to $2,625,454
Detached - up 6.8% to $2,699,592
Semi-detached - up 44.6% to $1,808,000
*MLS 12-month year-over-year changes ending February 28, 2022; Provided by Jethro Seymour
As of March 1, 2022, there are seven homes available in the Chaplin Estates area, ranging in price from $1,699,000 for a duplex on Hillsdale Avenue West (18 days on the market) to $4,875,000 for detached home on Colin Avenue (25 days on the market).
Last month, five homes sold in Chaplin Estates, including four detached and a duplex. The average time to sell a home was eight days. The home on Elmsthorpe Avenue sold a day after it was listed, while the other home remained on the market for 25 days. This doesn’t include the only home that has been listed for more than 30 days or the six homes that were listed in the month of February and are not selling at their current prices.
Three of the five homes sold at or above their initial asking prices. Last month’s most valuable home sale was a 4-bedroom, 6-bathroom detached home on a 40 x 112-foot lot with a private drive and built-in garage on Chaplin Crescent. It sold for $4,050,000, which was 99% of the original listing price. This was followed by another detached home on Maxwell Avenue which sold for $3,425,180 which was 114% of the initial listing price.
Entry into the Chaplin Estates market now requires buyers to spend at least $2,500,000 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 2022 here..
February 2022 Sales
in Chaplin Estates
|Detached||No. Sold||Avg Price||% of List price||Days on market|
|Duplex||No. Sold||Avg Price||% of List price||Days on market|
Source: TREB MLS Sales Data as of March 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.