In Leaside and Bennington Heights, home sales in September increased by 17.6% compared to the same period in 2011, from 14 homes to 17 in 2012. The value over the same time frame rose 3.4% to an average sale price of $1,159,445. This past September, homes sold at an average of 104% of the asking price in 12 days. Not bad Leaside, great ROI.
Year-to-date home sales are down 15.3% in 2012, from 166 to 144 homes sold. The average value of a home in the neighbourhood rose 11% this year, to $1,213,729. That’s a great ROI in a tight market.
As of October 9, 2012, there were also 27 homes available in Leaside and Bennington Heights, ranging from a end unit Townhome overlooking Trace Manes Park at $649,000 to the original Lea family home, one of Leaside’s signature homes, on Heather Rd asking $3,295,000.
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].
