September 2013 Home Sales Statistics
In September of 2013, 17 homes changed hands in Leaside & Bennington Heights, which is exactly the same as September of 2012. In addition, the average dollar value of these transactions was virtually flat with a 0.4% increase. This was due to 150% more semi’s selling this September, 5 in 2013 vs. 2 in 2012. The 5 semi-detached homes that sold had and average value increase of 22.3%, while detached homes increased 7% in value. Last year, the average monthly value for all homes sold in Leaside and Bennington Heights was $1,159,803, compared to $1,163,900 this year.
Leaside & Bennington Heights year-to-date home sales are also up, from 147 in 2012 to 171 in 2013 — a gain of 16.3%. Detached home sales are up 5.9% for the year, and the volume of semi-detached home sales is up 72% to date in 2013.
Year-to-date, Leaside and Bennington Heights homes have posted a 1.9% increase in value compared to this time last year. The value of the average home rose to $1,251,112 in 2013, up from $1,227,694 in 2012. Among the 126 detached homes that have sold so far this year, the average sale price is up 5.9% this year, coming in at $1,430,543. Semi-detached home values are up 6.2% in 2013, to $747,904 compared to $704,515 in 2012. The highest sale price so far this year was $2.7 million, for a home on Bennington Heights Drive. The second-most valuable home sale was for a property located on Bessborough Drive.
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].
