Moore Park Home Sales Statistics for January 2023
Sales Volume Changes*
All homes - down 18.2% to 36 homes sold
Detached - down 25.6% to 29 homes sold
Semi-detached - up 33.3% to 4 homes sold
Dollar Value Changes*
All homes - up 6.6% to $3,424,047
Detached - up 11% to $3,657,230
Semi-detached - down 16.9% to $1,957,750
*MLS 12-month year-over-year changes ending January 31, 2023; Provided by Jethro Seymour
As of January 31, 2023, there is only one home available in the Moore Park area. It is a detached home on Harper Avenue (91 days on the market) which is listed for $7,480,000.
Last month, four homes sold in Moore Park, including two detached, one semi-detached, and a duplex. All these homes sold two days after being listed.
All but one home sold at or above their initial asking prices. Last month’s most valuable home sale was a detached 4-bedroom, 5-bathroom home on a 35.5 x 127.5-foot lot with a right-of-way drive and detached garage on Inglewood Drive. It sold for $3,550,000, or 103% of the original listing price. This was followed by a duplex on the same street which sold for $2,425,000 which was 87% of the initial listing price.
Entry into the Moore Park market now requires buyers to spend at least $2,100,000 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 Annual Home Sales 2022 here..
Moore Park Sales
in January 2023
|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|
|Duplex||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.