Moore Park Home Sales Statistics for June 2019
Sales Volume Changes*
All homes - up 18.4% to 45
Detached - up 32.3% to 41
Semi-detached - down 40% to 3
Dollar Value Changes*
All homes - down 4.2% to $2,736,801
Detached - down 9.1% to $2,851,147
Semi-detached - up 5.2% to $1,649,667
*MLS 12-month year-over-year changes ending June 30, 2019; Provided by Jethro Seymour
As of July 4, 2019, there are two homes available in the Moore Park area, ranging in price from $1,618,000 for a semi-detached home on Moore Avenue (268 days on the market) to $2,629,000 for a detached home on Rose Park Crescent (52 days on the market).
Last month, seven homes sold in Moore Park, including six detached and one semi-detached home. The average time to sell a home was 8 days. The home on Old Bridle Path sold five days after it was listed, while the longest lasted 13 days. This doesn't include the two homes that have been listed for more than 30 days.
Two of the June home sales sold at or above their listed price. Last month’s most valuable home sale was a detached 5-bedroom, 4-bathroom home on 45 x 144.9-foot lot with a private drive on Rose Park Drive. It sold for $2,890,000, or 100% of the original listing price. It was followed by the Inglewood Drive home which sold for $2,705,000, or 113% of the asking 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.
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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|
Source: TREB MLS Sales Data as of July 4, 2019
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.