The leading Leaside home sale indicators are continuing to trend upward in 2014. A 12 month look at the rolling averages are articulated below.
Sales Volumes Changes
- All Homes Sales – up 9.6%, to 206 sales
- Detached Home Sales – up 3.3%, to 155 sales
- Semi-Detached Home Sales – up 35.3%, to 46 sales
Dollar Value Changes
- All Home Values – up 5.2%, to $1,275,817
- Detached Home Values – up 7.7%, to $1,445,143
- Semi-Detached Home Values – up 5.8%, to $751,910
Leaside Real Estate – January Monthly Changes
In January of 2014, 10 homes changed hands in Leaside & Bennington Heights, which was slightly less than the 11 homes that sold in January 2013. The average dollar value of those transactions was up by 45% mostly due to all 10 homes being detached. In January 2013, 5 of the 11 homes that sold were semi-detached.
The value of the detached homes also grew by 11.9% to $1,633,750 compared to the 6 detached homes averaging $1,460,000 that sold in January 2013
The highest valued sale on MLS so far in 2014 was $2.580 million, for a home in Leaside followed by a $2.550 million in Bennington Heights. The lowest valued sale was $833,000 for a bungalow, a new lot value indicator for a 30’ x 125’ lot on a busy street.
As of February 5th 2014, there were 22 homes available in Leaside. They range from a 2 bedroom semi-detached home on Crofton listed for $649,900 to a beautiful home in Bennington Heights listed for $2,895,000.
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, 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 [email protected].