Chaplin Estates Home Sales Statistics for September 2020
Sales Volume Changes*
All homes - down 37.2% at 27 homes sold
Detached - down 25.7% to 26 homes sold
Semi-detached - no home sold
Dollar Value Changes*
All homes - up 15% to $2,487,481
Detached - up 10.1% to $2,496,615
Semi-detached - no home sold
*MLS 12-month year-over-year changes ending September 30, 2020; Provided by Jethro Seymour
As of October 2, 2020, there are eight homes available in the Chaplin Estates area, ranging in price from $1,850,000 for a detached home on Duplex Avenue (2 days on the market) to $5,580,000 for another detached home on Chaplin Crescent (21 days on the market). None of the current homes available has been listed for more than 30 days but all were listed in the month of September and have yet to sell for its current list price.
Last month, three homes sold in Chaplin Estates - all were detached homes. The average time to sell a home was seven days. The home on Elmsthorpe Avenue sold five days after it was listed, while the longest lasted eight days on the market.
Two of the three homes sold at or above their listed price. Last month’s most valuable home sale was a detached 4-bedroom, 4-bathroom home on a 30 x 124-foot lot with a private drive on Eastbourne Avenue. It sold for $2,725,000, or 109% of the original listing price. It was followed by a detached home on Elmsthorpe Avenue which sold for $2,560,000 which was 97% of the initial listing price.
Entry into the Chaplin Estates 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 persists as a driver of competitive bidding.
Consider us your Chaplin Estates 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 August 2020 here.
September 2020 Sales
in Chaplin Estates
Detached | No. Sold | Avg Price | %of List price | Days on market |
3 Bedroom | 1 | $2,410,000 | 110 | 8 |
4 Bedroom | 2 | $2,642,500 | 103 | 6 |
Source: TREB MLS Sales Data as of October 2, 2020
Statistics Provided by Jethro Seymour, Broker of Record
Jethro Seymour is one of the Top Toronto 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 Chaplin Estates, Deer Park, Summerhill and North Toronto.