Chaplin Estates Home Sales Statistics for September 2019
Sales Volume Changes*
All homes - up 13.2% at 43
Detached - down 2.8% to 35
Semi-detached - up 150% to 5
Dollar Value Changes*
All homes - down 4.5% to $2,163,283
Detached - down 2.2% to $2,268,350
Semi-detached - up 6.5% to $1,345,378
*MLS 12-month year-over-year changes ending September 30, 2019; Provided by Jethro Seymour
As of October 7, 2019, there are eight homes available in the Chaplin Estates area, ranging in price from $1,749,000 for a detached home on Berwick Avenue (26 days on the market) to 5,850,000 for a detached home on Chaplin Crescent (19 days on the market).
Last month, four homes sold, including three detached homes and a triplex. The average time to sell a home was 6 days; the home on College View Avenue sold three days after it was listed, while the longest remained on the market for 9 days. This doesn’t include the three homes that had been listed for more than 30 days or the other three homes that were listed in the month of September and are not selling at their current listed prices.
Two of the September home sales sold at or above their listed price. The highest-selling home was a detached 4-bedroom, 4-bathroom home on a 34 x 130-foot lot with a mutual drive and garage on Highbourne Road. It sold for $3,000,000 (103% of the asking price). It was followed by a triplex on Oriole Parkway which sold for $2,495,000 or 98% of the asking price.
Entry into the Chaplin Estates market now requires buyers to spend $1,300,000 for a semi-detached home and at least $1,800,000 for a detached home. Buyers continue to look for homes in midtown while low inventory persists as a driver of competitive bidding.
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Chaplin Estates Sales in
|Detached||No. of Sold||Avg. Price||% of List Price||Days on Market|
|Triplex||No. of Sold||Avg. Price||% of List Price||Days on Market|
Source: TREB MLS Sales Data as of October 7, 2019
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.