Moore Park Home Sales Statistics for July 2021
Sales Volume Changes*
All homes - up 9.5% to 46 homes sold
Detached - up 14.7% to 39 homes sold
Semi-detached - down 20% to 4 homes sold
Dollar Value Changes*
All homes - up 12.5% to $2,998,043
Detached - up 14.4% to $3,189,743
Semi-detached - down 3.8% to $1,891,250
*MLS 12-month year-over-year changes ending July 31, 2021; Provided by Jethro Seymour
As of August 4, 2021, there are two homes available in the Moore Park area, ranging in price from $2,499,000 for a semi-detached home on Moore Avenue (15 days on the market) to $3,180,000 for a detached home on the same street (54 days on the market).
Last month, two homes sold in Moore Park, both were detached homes. The average time to sell a home was 12 days. The home on Cornish Road sold seven days after it was listed, while the other home remained on the market for 17 days. This doesn't include the only home that has been listed for more than 30 days and the other home that was listed in the month of July and has yet to sell for its current list price.
Both homes sold at or above their initial asking prices. The highest selling Moore Park transaction of the month featured a detached 3-bedroom, 2-bathroom home on a 31 x 143-foot lot with a private drive and garage on St Clair Avenue East. It sold for $2,295,000 which was 100% of the asking price. The other detached home on Cornish Road sold for $1,811,000 which was 113% of the initial listing price.
Entry into the Moore Park market now requires buyers to spend at least $1,700,000 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 June 2021 here.
Moore Park Sales
in July 2021
|Detached||No. of Sold||Avg. Price||% of List Price||Days on Market|
Source: TREB MLS Sales Data as of August 4, 2021
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.