Chaplin Estates Home Sales Statistics for July 2020
Sales Volume Changes*
All homes - down 23.7% at 29 homes sold
Detached - down 18.8% to 26 homes sold
Semi-detached - down 75% to 1 home sold
Dollar Value Changes*
All homes - up 11.8% to $2,361,559
Detached - up 8.2% to $2,391,624
Semi-detached - up 20.6% to $1,558,000
*MLS 12-month year-over-year changes ending July 31, 2020; Provided by Jethro Seymour
As of August 3, 2020, there are four homes available in the Chaplin Estates area, ranging in price from $2,995,000 for a detached home on Avenue Road(48 days on the market) to $5,580,000 for another detached home on Chaplin Crescent (56 days on the market).
Last month, five homes sold in Chaplin Estates, all were detached homes. The average time to sell a home was four days. The home on Imperial Street sold on the day it was listed, while the longest lasted 5 days on the market. This doesn't include the three homes that have been listed for more than 30 days or the only home that was listed in the month of July and has yet to sell for its current list price.
Three of the five home sales sold at or above their listed price. Last month’s most valuable home sale was a detached 3-bedroom, 4-bathroom home on a 35 x 130-foot lot with a private drive and garage on Braemar Avenue. It sold for $3,018,000, or 98% of the original listing price. It was followed by a detached home on Imperial Street which sold for $2,975,000 which was 99% of the initial listing price.
Entry into the Chaplin Estates market now requires buyers to spend 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.
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 June 2020 here.
July 2020 Sales
in Chaplin Estates
|Detached||No. Sold||Avg Price||%of List price||Days on market|
Source: TREB MLS Sales Data as of August 3, 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.