Davisville Village Winter home values on Toronto’s MLS.
12 Month Rolling Average
Last 12 months, ending on January 31st 2015, compared to the previous 12 months.
Sales Volume Changes
- All Home Sales – up 12.3%, to 164 sales
- Detached Home Sales – down 11.1%, to 72 sales
- Semi-Detached Home Sales – up 32.8%, to 77 sales
Dollar Value Changes
- All Home Values – up 1.0%, to $991,014
- Detached Home Values – down 2.4%, to $1,114,428
- Semi-Detached Home Values – up 15.2%, to $880,485
During the month of January 2015, 8 homes changed hands in Davisville Village. A bungalow on Manor Road East became available and set a new record for a 25-foot (frontage) lot. This is impressive considering it was only 100 feet deep which reduces its overall coverage when it is rebuilt; it sold for $1,025,000.
January is a notoriously slow month for real estate transactions, particularly in Davisville. We expect the coming year to be similar to 2014 as interest rates remain low. Our low interest rate environment is expected to hold for most of the coming year. Expect the market to pick up pace in late February after Family Day cooling off over March and continuing to build steam into spring.
2014 saw a few neighbourhood homes try to break through the 2 million dollar ceiling. Unfortunately none of them were successful. They still remain unsold today and have since lowered their pricing below the 2 million dollar mark. There have only been 2 homes sold at that level; both were close to Yonge Street and newer construction. 2015 will see a number of new construction projects come to fruition and be available for sale. If you are considering selling your home or need help finding a new one, call me for a confidential consultation.
- Davisville Village Home Sales Statistics (December 2014)
- Davisville Village Home Sales Statistics (November 2014)
- Davisville Village Home Sales Statistics (October 2014)
- Davisville Village Home Sales Statistics (September 2014)
All statistical information sourced from the Toronto Real Estate Board’s MLS system
For more in-depth information on local real estate trends, contact Jethro Seymour, Broker at Johnston & Daniel, a division of Royal LePage R.E.S. Ltd (Phone: 416-712-0767, Email: Jethro [add]SeymourRealEstate [dot ca], or visit Jethro’s website at www.SeymourRealEstate.com.) Jethro Seymour is 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 the Davisville Village and Leaside neighbourhoods.
Jethro Seymour, one of the best Toronto Midterm Toronto Agents at Royal LePage RES Ltd., Johnston & Daniel Division. #SeymourRealEstate