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




 

Office: 416.489.2121          Client Line: 416.712.0767

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www.SeymourRealEstate.com

Leaside & Bennington Heights Sales Statistics for February 2014

March 10, 2014 - Updated: March 10, 2014

Leaside& Bennington Heights February Home Sales Statistics

 

Leaside-Bennington Heights February home values on MLS continued to trend upward in 2014. Here is a 12-month look at the current averages, up to February 28th.

 

Sales Volume Changes

All Home Sales – up 4.2%, to 200 sales

Detached Home Sales – down 2.6%, to 150 sales

Semi-Detached Home Sales – up 35.3%, to 46 sales

 

Dollar Value Changes

All Home Values – up 5.8%, to $1,274,468

Detached Home Values – up 9.2%, to $1,445,580

Semi-Detached Home Values – up 5.4%, to $755,478

 

In February of 2014, 16homes changed hands in Leaside& Bennington Heights, which was 27% less than the 22homes that sold in February 2013. There wasn’t a significant change to the average dollar values of those transactions form year to year, which was $1,318,021.In February 2014,only 3 of the 16 homes that sold were semi-detached.

The value of 2014’s year-to-date13 detached homes were essentially flat, down -0.1% or $1,427,256 compared to the 18 detached homes that sold in February 2013

The highest valued sale on TREB MLSso far in 2014 was $2.580 million, for a home in Leaside followed by a $2.550 million in Bennington Heights. The lowest valued sale was $763,000 for a semi-detached home in North Leaside. It is interesting to note the dramatic rise in bungalow prices, this year 2 bungalows have sold (essentially building lots) for an average of $1,033,000 or 34% above the asking price. Million dollar bungalows are new for Leaside. This suggests builders are confident with the prospect of selling newly constructed homes over $2 million.

As of March5th 2014, there were 22 homes available in Leaside. They range from a 2 bedroom bungalowon Sutherland listed for $749,000 to a gorgeoushome on Leacrestlisted for $2,895,000.

For morein-depth information on local real estate trends, contact Jethro Seymour, Broker at Johnston & Daniel, a division of Royal LePage R.E.S. Ltd. Jethro Seymouris 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 the Davisville Village and Leasideneighbourhoods.

 

Leaside Sales Statistics 2014 Feburary

All statistical information sourced from the Toronto Real Estate Board’s MLS system

 

 

For more information,call Jethro Seymour, Broker at 416-712-0767, email Jethro@SeymourRealEstate.ca, or visit Jethro’s website at www.SeymourRealEstate.ca.


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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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