Moore Park Home Sales Statistics for February 2020
Sales Volume Changes*
All homes - up 64.5% to 51 homes sold
Detached - up 61.5% to 42 homes sold
Semi-detached - up 100% to 6 homes sold
Dollar Value Changes*
All homes - down 9.1% to $2,708,371
Detached - down 11.8% to $2,816,808
Semi-detached - up 15% to $2,089,500
*MLS 12-month year-over-year changes ending February 29, 2020; Provided by Jethro Seymour
As of March 5, 2020, there are three homes available in the Moore Park area, ranging in price from $2,595,000 for a detached home on Rose Park Drive (3 days on the market) to $6,395,000 for a detached home on Rosedale Heights Drive (31 days on the market).
Last month, four homes sold in Moore Park including two detached, one semi-detached, and a duplex home. The average time to sell a home was 10 days. The home on Rosedale Heights Drive sold two days after it was listed, while the longest lasted 26 days. This doesn't include the only home that has been listed for more than 30 days or the other home that was listed in the month of February and has yet to sell at its current listed price.
Three of the four homes sold at or above their listed price last month. February ’s most valuable home sale was a detached 3-bedroom, 4-bathroom home on a 53.6 x 325.91-foot lot with a private drive and carport on Rosedale Heights Drive. It sold for $3,375,000, which was 96% of the original listing price. It was followed by another detached home on the same street which sold for $2,950,000, or 104% of the asking price.
Entry into the Moore Park market now requires buyers to spend $2,300,000 for a semi-detached home and at least $2,400,000 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 January 2020 here.
Moore Park Sales in
|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 March 5, 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.