Moore Park Home Sales Statistics for February 2023
Sales Volume Changes*
All homes - down 9.3% to 39 homes sold
Detached - down 15.8% to 32 homes sold
Semi-detached - up 33.3% to 4 homes sold
Dollar Value Changes*
All homes - up 2.4% to $3,278,756
Detached - up 5.3% to $3,458,296
Semi-detached - down 16.9% to $1,957,750
*MLS 12-month year-over-year changes ending February 28, 2023; Provided by Jethro Seymour
As of March 8, 2023, there are only four homes available in the Moore Park area, ranging in price from $3,195,000 for a detached home in Old Bridle Path (14 days on the market) to $5,995,000 for a detached home in Hudson Drive (50 days on the market).
Last month, only three homes were sold in Moore Park, all were detached homes. One is a 3-bedroom home sold at $2,406,000 which is 98% of its asking price and was only 4 days in the market. The other two detached homes sold at an average price of $2,340,400 or 112% of their asking price and an average of 4 days in the market as well.
Two homes were above their initial asking prices. Last month’s most valuable home sale was a detached 4-bedroom, 2-bathroom home on a 32.17 x 150-foot lot with a mutual driveway and 1 detached garage on Clifton Road. It sold for $2,628, 000, or 112% of the original listing price. This was followed by a detached on the same street which sold for $2,406,000 or 98% of the initial listing price.
Entry into the Moore Park market now requires buyers to spend at least $2,200,000 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.
View January Home Sales 2023 here..
Moore Park Sales
in February 2023
|Detached||No. of Sold||Avg. Price||% of List Price||Days on Market|
Source: TREB MLS Sales Data as of January 31, 2023;
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.