Moore Park Annual Home Sales 2018
Sales Volume Changes*
All homes - down 21.3% to 37
Detached - down 25% to 30
Semi-detached - down 20% to 4
Dollar Value Changes*
All homes - up 9.3% to $2,857,324
Detached - up 15% to $3,144,800
Semi-detached - up 19.5% to $1,638,000
*MLS 12-month year-over-year changes ending December 31, 2018; Provided by Jethro Seymour
Last month, only one home sold in Moore Park. It was a detached 4-bedroom, 2-bathroom home on a 42' x 101.75' lot on Rose Park Drive with a private drive and garage. It sold for $2,275,000 (99% of the asking price).This doesn't include the two homes that had been listed for more than 30 days.
As of January 2, 2018, there are two homes available in the Moore Park area of the Toronto Real Estate Board’s C09 zone, ranging in price from $1,618,000 (85 days on the market) for a semi-detached home on Moore Avenue to $3,250,000 (17 days on the market) for a detached home on Rosedale Heights Drive.
2018 brought 37 home sales in Moore Park, down from 47 transactions in 2017. The 2018 sales returned an average of 9.3% more in the way of dollar value, with mean transaction values increasing from $2,613,643 to $2,857,324. The value increase affected both detached and semi-detached properties, with detached homes seeing a 15% increase to $3,144,800 and semi-detached properties increase to 19.5% to $1,638,000.
Entry into the Moore Park market now requires buyers to spend over $1,500,000 for a semi-detached home and at least $1,600,000 for a detached home. Buyers continue to look for homes in midtown while low inventory persists as a driver of competitive bidding.
Consider me your Moore Park 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.
Annual Home Sales 2018
|Detached||No. of Sold||Avg. Price||% of List Price||Days on Market|
|Semi-detached||No. of Sold||Avg. Price||% of List Price||Days on Market|
Source: TREB MLS Sales Data as of January 2, 2018
Statistics Provided by Jethro Seymour, Broker of Record
Jethro Seymour is one of the Top Davisville Village 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 Moore Park, Davisville Village, Leaside and Midtown Toronto neighbourhoods.