Released August 9th 2013 in Toronto
Leaside & Bennington August Home Sales Statistics
In August of 2013, 9 homes changed hands in Leaside & Bennington Heights, marking a 50% increase over August of 2012, when 6 homes were sold in the neighbourhood. In addition, the average dollar value of these transactions rose by 13.8%, including a notable 27.6% increase in the value of detached homes. Last year, the average monthly value for all homes sold in Leaside and Bennington Heights was $1,123,583, compared to $1,278,146 this year. Two semi-detached homes sold in August of 2013, compared to none in August of 2012.
Leaside & Bennington Heights year-to-date home sales are also up, from 130 in 2012 to 154 in 2013 -- a gain of 18.5%. Detached home sales are up 9.6% for the year, and the volume of semi-detached home sales is up 65% to date in 2013.
Overall, Leaside and Bennington Heights homes have posted a 2% increase in value compared to this time last year. The value of the average home rose to $1,260,740 in 2013, up from $1,236,572 in 2012. Among the 114 detached homes that have sold so far this year, the average sale price is up 5.3% this year, coming in at $1,442,123. Semi-detached home values are up 4.6% in 2013, to $742,628 compared to $709,728 in 2012. The highest sale price so far this year was $2.7 million, for a home on Bennington Heights Drive. The second-most valuable home sale was for a property located on Bessborough Drive.
For more in-depth information on local real estate trends, contact Jethro Seymour, Sales Representative at Johnston & Daniel, a division of Royal LePage R.E.S. Ltd. Jethro Seymour is a midtown Toronto real estate agent with over 20 years of sales experience. 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 enables Jethro to view almost every home that comes on the market. Jethro specializes in the Davisville Village and Leaside neighbourhoods.
All statistical information sourced from the Toronto Real Estate Board’s MLS system