Moore Park Home Sales Statistics for November 2019
Sales Volume Changes*
All homes - up 24.3% to 46 homes sold
Detached - up 33.3% to 40 homes sold
Semi-detached - up 25% to 5 homes sold
Dollar Value Changes*
All homes - down 3.5% to $2,706,914
Detached - down 11.2% to $2,818,901
Semi-detached - up 15.5% to $1,892,400
*MLS 12-month year-over-year changes ending November 30, 2019; Provided by Jethro Seymour
As of December 10, 2019, there are four homes available in the Moore Park area, ranging in price from $1,299,000 for a semi-detached home on Summerhill Avenue (28 days on the market) to $6,500,000 for a detached home on Rosedale Heights Drive (40 days on the market).
Last month, five homes sold in Moore Park including three detached and two semi-detached homes. The average time to sell a home was 21 days. The home on St Clair Avenue East sold five days after it was listed, while the longest lasted 39 days. This doesn't include the five homes that have been listed for more than 30 days and have yet to sell.
Last month, only one home sold at or above their listed price. November’s most valuable home sale was a detached 3-bedroom, 3-bathroom home on a 66 x 82-foot lot with a private drive and garage on Rosedale Heights Drive. It sold for $2,850,000, which was 95% of the original listing price. It was followed by the Inglewood Drive home which sold for $2,625,000, or 97% of the asking price.
Entry into the Moore Park market now requires buyers to spend $1,600,000 for a semi-detached home and 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.
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.
Moore Park Sales in
|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 December 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.