Leaside & Bennington Heights Sales Statistics - January 2016Jethro Seymour – Top Midtown Toronto (Davisville Village ,Leaside) Real Estate Agent
Your search results

Leaside & Bennington Heights Sales Statistics – January 2016

Posted by seymour on February 22, 2016
| 0

Leaside Press Release - January 2015 from Jethro Seymour, one of the best Toronto midtown agents

Leaside & Bennington Heights January 2016 Home Sales Statistics

During the month of January 2016, only 3 homes changed hands in Davisville Village.  That is just 5 homes in the last 2 months.  We expect the coming year to be similar to 2015. Our low interest rate environment is expected to hold for most of the coming year.  Anticipate the housing market to pick up pace in late February and continue to build steam until March Break. The second part of the spring market will start in early April after Easter.

This lack of inventory will push some buyers to pay more for the limited amount of housing stock in the early part of the spring market. We have already seen several homes sell with multiple offers, well above the asking price.

We will see several newly constructed homes surpass the $2 million threshold this year. If you are considering selling your home and want expert advice, call me for a confidential consultation. Tight supply in Leaside & Bennington Heights home sales keep values climbing

Sales Volume Changes*

  • All Homes– down 30.3%, to 159
  • Detached –  down 36.6%, to 116
  • Semis – down 2.6%, to 37

Dollar Value Changes*

  • All Homes – up 6.1%, to $1,413,715
  • Detached – up 8.8%, to $1,569,531
  • Semis – up 16.6%, to $964,493

*12 month year-over-year changes ending January 31st 2016

January Monthly Changes

During the month of January 2016, 9 detached homes changed hands in Leaside & Bennington Heights.

Low Leaside inventory has resulted in Sellers reaping the benefits of multiple offers!

Lot values in North Leaside seem to have risen above the $1.3 million mark for homes with 30’ frontages. A south Leaside bungalow with a 30’ frontage recently sold for over $1.3 million –  suggesting that builders are still finding value in the neighbourhood. Thus far in 2016, the first 13 homes sold went 9% higher on average than the asking price, and in just 9 days. The highest valued sale on TREB MLS so far in 2016 was $1.761 million for a home on Leacrest Road in South Leaside. There are currently 14 listings available in Leaside, including a 41’ storefront on Bayview for $2.5m.

I have two exclusively listed homes for sale which are ideal for a builder or renovator. Call me for the details. When you are ready to make your next move, I am here for you and your family.

-Source: TREB MLS February 9th 2016


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[at]SeymourRealEstate [dot com], 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 

  • Testimonials

    230 KING STREET EAST, SUITE 1105 DOWNTOWN TORONTO, one of the Top Davisville Real Estate Brokers
    St. Lawrence Market Condo Sold by Top Broker Jethro Seymour
    Our Downtown Toronto condo sold within one week!

    "Having been interested in selling our condo for a while, we went to an open house in our building and had the pleasure of meeting Jethro. We found him to be very professional, well established and knowledgeable. When we were ready to purchase a new condo he worked very hard to find us the perfect home and was truly proactive and results oriented.

    We scooped up a new listing within hours of it hitting the market thanks to his keen eye and understanding of our needs. When we were ready to..."

    More Testimonials
  • Neighbourhood Information

    Casa Loma Neighbourhood Real Estate

    Casa Loma: One of the Most Desirable Neighbourhoods in Toronto A comprehensive neighbourhood guide to Casa Loma and its homes ...
    Read More
  • Community Corner

    Seymour Contests: January 2017 Spa Giveaway

    Happy January, everyone! Last month’s lucky winner, Cathy Philips, won herself a $80 gift certificate to McSorley’s on Bayview. Congratulations! Thank ...
    Read More