Jethro Seymour, Toronto Real Estate Broker, Davisville, Leaside, East York, Midtown area




 

Office: 416.489.2121          Client Line: 416.712.0767

 

Davisville Statistics for December and Annual Review

January 9, 2013 - Updated: January 9, 2013

Values up 9.2% in 2012

 


As is typical every year, December 2012 sales volumes were low in Davisville Village. This year however they were 60% lower than the same period last year.  A total of 5 homes were sold during December compared to 8 in 2011.  With so few sales the averages are easily skewed.  That said, the average selling price this past December was $948,500 in 2012 (that’s up 7.7% over last year) and sold in an average of 25 days, for 107% of the asking price.

 

 



You’ll be happy to learn the annual sales statistics are in, providing much more insight into our neighbourhood real estate market. In 2012, Davisville Village homeowners saw increased home values adding equity to their properties.  Annual home sales were flat in 2012 with a slight increase of 1.6% over the same period last year. 185 Davisville Village homes sold in 2012 versus 182 homes in 2011.

 

Detached home sales accounted for 58% of the neighbourhood sales, followed by semi-detached homes at 25%. Only 5 bungalows were sold, all went to builders which accounted for 2.7% of the Davisville Village housing inventory.  The average value of a home in our neighbourhood rose to $935,334, an increase of 9.2% over the same period in 2011. That’s a very good return on your tax sheltered investment.

 

Each home has unique characteristics that determine its value. If you would like a detailed analysis of your home, please contact me. I endeavor to see every home that comes up for sale in our neighbourhood to ensure  an accurate perspective.

 



As of January 3rd, 2013, there were 7 homes available for sale in Davisville Village, ranging from a 2 bedroom detached home near Bayview on Hillsdale Avenue for $699,000 to a spectacular modern home located at 26 Harwood Road for $1,899,000. 

 


Tagged with: midtown toronto home sales davisville village december 2012 annual report
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Jethro Seymour
Broker, Toronto Listing Specialist

Royal LePage R.E.S. Ltd., Johnston & Daniel Division, Brokerage

477 Mt. Pleasant Rd. , Toronto, ON M4S 2L9
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