Chaplin Estates Home Sales Statistics for October 2020
Sales Volume Changes*
All homes - down 28.6% at 30 homes sold
Detached - down 15.2% to 28 homes sold
Semi-detached - down 80% to 1 home sold
Dollar Value Changes*
All homes - up 9.9% to $2,393,067
Detached - up 7.1% to $2,453,286
Semi-detached - down 7.1% to $1,250,000
*MLS 12-month year-over-year changes ending October 31, 2020; Provided by Jethro Seymour
As of November 2, 2020, there are eight homes available in the Chaplin Estates area, ranging in price from $1,848,000 for a detached home on Chaplin Avenue (6 days on the market) to $3,888,000 for another detached home on Warren Road (46 days on the market).
Last month, six homes sold in Chaplin Estates including four detached, one semi-detached, and a duplex. The average time to sell a home was 18 days. The home on Hillsdale Avenue West sold a day after it was listed, while the longest lasted 44 days on the market. This doesn't include the two homes that have been listed for more than 30 days or the four homes that were listed in the month of October and have yet to sell for its current list price.
Two of the six homes sold at or above their listed price. Last month’s most valuable home sale was a detached 4-bedroom, 4-bathroom home on a 30 x 124-foot lot with a mutual drive and garage on Lascelles Boulevard. It sold for $2,850,000, or 110% of the original listing price. It was followed by a detached home on Avenue Road which sold for $2,670,000 which was 89% of the initial listing price.
Entry into the Chaplin Estates market now requires buyers to spend at least $1,300,000 for a semi-detached home and 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 September 2020 here.
October 2020 Sales
in Chaplin Estates
|Detached||No. Sold||Avg Price||% of List price||Days on market|
|Semi-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 November 2, 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.