Davisville Village September 2014 Home Sales Statistics
Davisville Village Fall home values on MLS continued to trend upward again in 2014.
12 Month Rolling Average
Last 12 months, September 2013 to the end of September 2014, compared to the previous 12 months, September 2012 to the end of September 2013.
Sales Volume Changes
All Home Sales – down 6.7%, to 153 sales
Detached Home Sales – down 29.5%, to 67 sales
Semi-Detached Home Sales – up 9.2%, to 71 sales
Dollar Value Changes
All Home Values – up 3.9%, to $996,154
Detached Home Values – up 4.9%, to $1,155,495
Semi-Detached Home Values – up 11.5%, to $847,569
Monthly Changes
During the month of September 2014, 12 homes changed hands in Davisville Village, which was 9.1% more than the 11 homes that sold in September 2013. The average dollar values of those transactions were down 4.1% to $996,984. Detached home sale volumes are down 16.7% and valued at $1,158,160 compared to last September. There were 7 semi-detached homes that sold, with an average sale price of $881,859.
Year-to-Date Changes
The value of 2014’s year-to-date 127 homes was up slightly by 1.8% to $983,629 compared to the 118 homes that sold in first 9 months of 2013. The semi-detached homes saw a 34.1% increase in sales activity and 13.9% gain in average value through to the end of September. Detached homes saw a 20% drop in volume and values were essentially flat at 0.3% over last years numbers.
The highest valued sale on TREB MLS so far in 2014 was $1.915 million, for a new home on Belsize steps from Yonge Street. The lowest valued sale was $667,500 for a 17 foot wide semi on Davisville Avenue that needed a lot of updating.
The average size frontage of the 128 sold homes was 23.49 feet in width. The widest rang in at 45 feet (a triplex on Hillsdale) and the longest was 197 feet (which I sold on Forman Ave). So far this year homes have been selling for an average of 5.81% above the listed price.
As of October 7th 2014, there were 12 properties available in Davisville Village. They range from a 3 bedroom semi in need of renovation on Beslize to 2 new detached 4 bedroom homes which were trying crack the 2 million dollar neighbourhood ceiling.
For more in-depth information on our local real estate trends, contact Jethro Seymour, Broker at Johnston & Daniel, a division of Royal LePage R.E.S. Ltd. Jethro Seymour is a Davisville Village residential specialist with over 20 years of sales experience in real estate, marketing, construction and publishing. He has helped many families find and sell 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 Midtown Neighbourhoods; Davisville Village, Leaside, North Toronto, Sherwood Park, Yonge and Eglinton and Lawrence and Yonge to name a few.
All statistical information sourced from the Toronto Real Estate Board’s MLS system
For more information, call Jethro Seymour, Broker at 416–712–0767, email Jethro@SeymourRealEstate.ca, or visit Jethro’s website at www.SeymourRealEstate.ca.
