In November, Davisville Village home sales were down 66.7% compared to the same period last year. A total of 12 homes were sold this past November, compared to 20 in November 2011. However, the average value of a Davisville Village home increased 12.1%, from $804,548 in 2011 to $914,900 in 2012. Homes sold in an average of 14 days, for 105% of the asking price.
Year-to-date home sales are up 3.3% over the same period last year, with 180 Davisville Village homes selling in 2012 versus 174 homes in 2011. The average value of a home in our neighbourhood rose to $934,968, an increase of 9.3% over the same period in 2011. That’s a great return on investment in a tight market!
As of December 6th, 2012, there were 12 homes available for sale in Davisville Village, ranging from a detached starter home on Hillsdale Avenue listed at $699,000 to a detached custom build with cathedral ceilings on Balliol Street listed at $1,699,000. I make a point of seeing every home that comes on the market and can answer any questions you may have about trends, streets and homes.
I make a point of personally viewing every home that comes on the market, and I can answer any questions you may have about trends, streets and homes.
For accurate up to date information on home sales and marketing strategies contact Jethro Seymour, Top 2% of all Toronto Realtors® for number of homes sold in 2011.