Moore Park Annual Home Sales 2021
Sales Volume Changes*
All homes - up 2.2% at 46 homes sold
Detached - up 10.8% to 41 homes sold
Semi-detached - down 25% to 3 homes sold
Dollar Value Changes*
All homes - up 19.6% to $3,264,861
Detached - up 16.3% to $3,350,941
Semi-detached - up 40.2% to $2,356,667
*MLS 12-month year-over-year changes ending December 31, 2021; Provided by Jethro Seymour
The 2021 calendar year saw 46 home sales in Moore Park, up 2.2% from the 2020 total of 45 transactions. The 2021 sales included 41 detached homes, which attracted average sale prices of $3,350,941. This marked a 16.3% increase compared to the 37 detached homes that sold for an average of $2,882,054 in 2020. Semi-detached properties also experienced a price increase, rising an average of 40.2% from $1,681,250 in 2020 to $2,356,667. Is 2022 the time to buy or sell?
Last year’s most expensive home sale was a 6-bedroom, 5-bathroom detached home on a 50 x 125-foot lot with a private drive on Garfield Avenue, which sold for $6,300,000 (105% of the asking price). The least expensive home sold in Moore Park last year was a semi-detached home on Mount Pleasant Road which sold for $1,200,000 (100% of the asking price).
Entry into the Moore Park 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 endures as the main driver of competitive bidding.
Consider us 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.
2021 Annual Home Sales
|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 December 31, 2021
Statistics Provided by Jethro Seymour, Broker of Record
As of December 31, 2021, there are two homes available in the Moore Park area, ranging in price from $4,680,000 for a multiplex on St Clair Avenue East (24 days on the market) to $7,500,000 for a detached home on Inglewood Drive (38 days on the market).
Last month, only one home sold in Moore Park and it sold eight days after it was listed and was a 4-bedroom, 3-bathroom detached home on a 35 x 100-foot lot with a mutual drive and garage on Inglewood Drive. It sold for $2,585,000 which was 92% of the asking price. This was followed by another detached home on Inglewood Drive which sold for $5,000,000 which was 118% of the initial listing price.
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.