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Chaplin Estates 

Home Sales Statistics 

for March 2020

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Chaplin Estates Home Sales Statistics for March 2020

Chaplin Estates Home Sales Statistics for March 2020 | Jethro Seymour, Top Toronto Real Estate BrokerSales Volume Changes*
All homes - down 24.4% at 34 homes sold
Detached - down 39.5% to 26 homes sold
Semi-detached - up 400% to 5 homes sold

Dollar Value Changes*
All homes - up 1.1% to $2,248,667
Detached - up 8.1% to $2,421,374
Semi-detached - down 3.9% to $1,345,378

*MLS 12-month year-over-year changes ending  March 31, 2020; Provided by Jethro Seymour

Chaplin Estates Home Sales Statistics for March 2020 | Jethro Seymour, Top Toronto Real Estate Broker

As of April 8, 2020, there are four homes available in the Chaplin Estates area, ranging in price from $2,850,000 for a detached home on Warren Road (17 days on the market) to $3,998,000 for another detached home on the same street (73 days on the market).

Last month, Chaplin Estates properties sold at an average of one day after listing. Both homes on Maxwell  Avenue West and Duplex Avenue remained on the market for only a day. This doesn’t include the two homes that have been listed for more than 30 days or the other two homes that were listed in the month of March and have yet to sell at their current prices.

Two homes sold in Chaplin Estates last month. Both homes sold above their initial asking prices. Last month’s most valuable sale involved a detached 3-bedroom, 2-bathroom home on a 30 x 100-foot lot, with a mutual drive and garage on Maxwell Avenue. It sold for $1,900,500 which was 103% of the initial asking price. The other home on Duplex Avenue sold for $1,550,000 which was 107% of the initial listing price.

Entry into the Chaplin Estates market now requires buyers to spend at least $1,900,000 for a detached home. Buyers continue to look for homes in midtown while low inventory persists as a driver of competitive bidding.

"All of the  COVID-19  related issues and measures have translated into a  temporary drop in the number of transactions – a drop that will persist until we experience a meaningful and sustained decline in the number of cases. However, once recovery begins,  it  will  likely  accelerate  in  earnest  as  buyers  seek  to satisfy pent-up demand that will build up over the course of the spring and at least part of the summer." – Michael Collins, 2019/2020 Toronto Regional Real Estate Board President

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 February 2020  here.


Chaplin Estates Sales in 

March 2020

DetachedNo. of SoldAvg. Price% of List PriceDays on Market
3 Bedroom
2
$1,725,250
105
1

Chaplin Estates Home sales report and statistics for March 2020  from Jethro Seymour, Top Midtown Toronto Realtor

Chaplin Estates Home Sales Statistics for March 2020 | Jethro Seymour, Top Toronto Real Estate Broker

Source: TREB MLS Sales Data as of  April 8, 2020
Statistics Provided by Jethro Seymour,
 Broker of Record

 

Chaplin Estates Home Sales Statistics for April 2019 | Jethro Seymour, Top Toronto Real Estate Broker

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.



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