Leaside & Bennington Heights September 2016 Home Sales Statistics
Leaside-Bennington Heights fall home values on MLS continue to trend upward!
12 Month Rolling Average
Below are the stats over the last 12 months, from September 2015 to the end of September 2016, compared to the previous 12 months, September 2014 to the end of September 2015.
Sales Volume Changes*
- All Home Sales – up 14.7% to 195 sales
- Detached Home Sales – up 14% to 147 sales
- Semi-Detached Home Sales – up 14.7% to 39 sales
Dollar Value Changes*
- All Home Values – up 15.7% to $1,576,824
- Detached Home Values – up 12.2% to $1,692,197
- Semi-Detached Home Values – up 36.5% to $1,173,871
*12 month year-over-year changes ending September 30th, 2016
Monthly Changes
As we are now into the cooler months, the housing inventory is low, but this is what pushes home values to increase. The fall market, while a busy one, is not quite as robust as the spring. So, those thinking of taking advantage of this year’s market appreciation would be advised to list their homes before the snow flies in November.
Detached home sales have increased in Leaside
This month, 20 homes changed hands in Leaside & Bennington Heights which was a 33.3% increase in home sales over last year. There were 13 detached home sales in September, representing a 44.4% increase from the past year’s 9 sales. The average dollar values of those September detached home values remained at $1,801,676.
Year-to-Date Changes
The value of 2016’s year-to-date 120 detached homes was up significantly by 26.3% or $1,700,235 compared to the 95 detached homes that sold in the first nine months of 2015, at a total value of $1,555,956. The 30 semi-detached homes saw a 31.2% gain in average value over homes that traded in the first nine months of 2015.
The highest valued Leaside sale on TREBs MLS so far in 2016 was $2,690,000 for a detached home on Parkhurst. The lowest valued sale was $830,000 for a semi-detached home on Eglinton.
The average size frontage of the 161 sold homes was 30.92 feet in width. The widest range in at a very wide 53 feet and the longest was 200 feet. So far this year, homes have been selling 11.19% above the listed asking price.
As of October 13th 2016, there were 18 homes available for purchase in Leaside, which is up from last October’s 10 homes.
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 Midtown Toronto Agents at Royal LePage RES Ltd., Johnston & Daniel Division. #SeymourRealEstate
