In September, the number of Davisville Village home sales decreased 30% compared to the same period in 2011. Only 10 homes were sold this past September compared to 13 in September 2011. The average value increased 8.4% in 2012 to $978,490 homes sold in an average of 12 days for 101% of the asking price.
Year-to-date home sales are up 2.8% compared to the same period last year, with 140 Davisville Village homes selling in 2012 versus 136 homes in 2011. The average value of a home in our neighbourhood rose to $933,782, an increase of 8.4% over the same period in 2011. An amazing return on your biggest tax sheltered investment.
On October 9, 2012, there were 27 homes available in Davisville, ranging from a ready to renovate semi-detached home on Hillsdale Ave listed at $529,000 to a very unique detached home complete with coach house on Glebe Rd for $1,795,000. 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.