Chaplin Estates Home Sales Statistics for May 2021
Sales Volume Changes*
All homes - up 64.3% at 46 homes sold
Detached - up 77.3% to 39 homes sold
Semi-detached - down 50% to 2 homes sold
Dollar Value Changes*
All homes - up 14.8% to $2,568,515
Detached - up 9% to $2,599,068
Semi-detached - up 26.9% to $1,725,500
*MLS 12-month year-over-year changes ending May 31, 2021; Provided by Jethro Seymour
As of June 1, 2021, there are 11 homes available in the Chaplin Estates area, ranging in price from $1,699,000 for a detached home on Lascelles Boulevard (12 days on the market) to $6,600,000 for multiplex on Eglinton Avenue West (11 days on the market).
Last month, five homes sold in Chaplin Estates, including five detached homes and a duplex. The average time to sell a home was 11 days. We sold the home on Chaplin Crescent seven days after it was listed, while the longest remained on the market for 15 days. This doesn't include the four homes that have been listed for more than 30 days or the seven homes that were listed in the month of May and have yet to sell for its current list price.
Two of the five homes sold at or above their listed price. Last month’s most valuable home sale was a 3-bedroom, 4-bathroom detached home on a 50 x 130-foot lot with a private drive and garage on Oriole Parkway. It sold for $2,900,000, which was 97% of the original listing price. It was followed by a detached home on Highbourne Road which sold for $2,825,000 which was 103% of the asking price.
Entry into the Chaplin Estates market now requires buyers to spend at least $1,900,000 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.
May 2021 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 June 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.