Moore Park Home Sales Statistics for November 2022
Sales Volume Changes*
All homes - down 33.3% to 30 homes sold
Detached - down 35% to 26 homes sold
Semi-detached - no change at 3 homes sold
Dollar Value Changes*
All homes - up 3.3% to $3,387,489
Detached - up 4.4% to $3,518,988
Semi-detached - down 8.3% to $2,160,333
*MLS 12-month year-over-year changes ending November 30, 2022; Provided by Jethro Seymour
As of November 30, 2022, there are four homes available in the Moore Park area, ranging in price from $2,450,0000 for a relisted detached home on Heath Street East (20 days on the market) to $7,800,000 for a detached home on Harper Avenue (29 days on the market).
Last month, four homes sold in Moore Park, all were detached homes. The average time to sell a home was seven days. The home on Heath Street East sold on the day it was listed, while the longest remained on the market for 15 days. This doesn’t include the two homes that have been listed for more than 30 days or the other two homes that were listed in the month of November and are not selling at their current prices.
Two of the four homes sold at or above their initial asking prices. Last month’s most valuable home sale was a detached 5-bedroom, 6-bathroom home on a 40 x 131.16-foot lot with a private drive on Hudson Drive. It sold for $6,832,000, or 99% of the original listing price. This was followed by a detached home on Heath Street East which sold for $4,525,000 which was 96% 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.
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Moore Park Sales
in November 2022
|Detached||No. of Sold||Avg. Price||% of List Price||Days on Market|
Source: TREB MLS Sales Data as of November 30, 2022;
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.