Moore Park Home Sales Statistics for August 2020
Sales Volume Changes*
All homes - up 2.3% to 44 homes sold
Detached - down 12.5% to 35 homes sold
Semi-detached - up 66.7% to 5 homes sold
Dollar Value Changes*
All homes - down 4.2% to $2,667,205
Detached - down 2.5% to $2,798,314
Semi-detached - up 19.2% to $1,966,400
*MLS 12-month year-over-year changes ending August 31, 2020; Provided by Jethro Seymour
As of September 1, 2020, there are nine homes available in the Moore Park area, ranging in price from $1,200,000 for a semi-detached home on Mount Pleasant Road (10 days on the market) to $5,995,000 for a detached home on Rosedale Heights Drive (92 days on the market).
Last month, two homes sold in Moore Park, including one detached home and a duplex. The average time to sell a home was six days. The home on Heath Street East sold a day after it was listed, while the other home lasted 10 days. This doesn't include the three homes that have been listed for more than 30 days or the six homes that were listed in the month of August and have yet to sell at its current listed price.
One of the two homes sold at or above their listed price last month. August’s most valuable home sale was a 5-bedroom, 3-bathroom duplex on a 37.5 x 95.75-foot lot with a private drive and garage on Clifton Road. It sold for $2,300,000, which was 107% of the original listing price. The other sale was a detached home on Heath Street East which sold for $2,260,000, or 103% of the asking price.
Entry into the Moore Park market now requires buyers to spend $2,300,000 for a semi-detached and at least $2,000,000
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 Home Sales Statistics for July 2020 here.
Moore Park Sales
in August 2020
|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 September 1, 2020
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.