In September, the number of Davisville Village home sales decreased 30% compared to the same period in 2011. Only 10 homes were sold this past September compared to 13 in September 2011. The average value increased 8.4% in 2012 to $978,490 homes sold in an average of 12 days for 101% of the asking price.
Year-to-date home sales are up 2.8% compared to the same period last year, with 140 Davisville Village homes selling in 2012 versus 136 homes in 2011. The average value of a home in our neighbourhood rose to $933,782, an increase of 8.4% over the same period in 2011. An amazing return on your biggest tax sheltered investment.
On October 9, 2012, there were 27 homes available in Davisville, ranging from a ready to renovate semi-detached home on Hillsdale Ave listed at $529,000 to a very unique detached home complete with coach house on Glebe Rd for $1,795,000. I make a point of seeing every home that comes on the market and can answer any questions you may have about trends, streets and homes.
For more in-depth information on local real estate trends, contact Jethro Seymour, one of the Top Davisville Village Real Estate Brokers at Royal LePage RES Ltd., Johnston & Daniel Division . 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 Midtown, Davisville Village and Leaside neighbourhoods. For more information, call Jethro Seymour, Broker at 416-712-0767, email Jethro@SeymourRealEstate.ca.
Please also check my real estate news headlines on Medium.com