In Davisville Village only 4 homes sold this January compared to 8 in January 2012. The lack of inventory is still having upward pressure on prices.
The average value of a Davisville Village home increased by 1.2%, from $978,438 in 2012 to $990,000 in 2013. One of the homes sold during January 2012 was a 1.4 million dollar home on Belsize Drive which skews the 2012 figures to a certain extent. During the first month of 2013, homes sold in an average of 27 days, for 98% of the asking price.
As of February 20th, 2013, there were 16 homes available for sale in Davisville Village, ranging from a semi-detached for $800,000 to a newly constructed 4-bedroom home on Soudan Avenue for $1,895,000.
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 Jethro@SeymourRealEstate.ca.
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