Released November 7th 2013 in Toronto
Leaside & Bennington Heights October Home Sales Statistics
In October of 2013, 19 homes changed hands in Leaside & Bennington Heights, which is 1 more than October of 2012. In addition, the average dollar value of these transactions was up by 9.2%. There were 15 detached homes sold in both October 2013 & 2012. The 3 semi-detached homes that sold had an average value increase of 3.5%, while detached homes increased 10% in value. Last year, the average October monthly value for all homes sold in Leaside and Bennington Heights was $1,164,006 compared to $1,270,750 this year.
Leaside & Bennington Heights year-to-date home sale volumes are also up, from 165 in 2012 to 190 in 2013 -- a gain of 15.2%. Detached home sales are up 5.2% for the year, and the volume of semi-detached home sales is up 70.4% to date in 2013.
Year-to-date, Leaside and Bennington Heights homes have posted an average 2.6% increase in value compared to this time last year. The value of the average home rose to $1,253,076 in 2013, up from $1,220,746 in 2012. Among the 141 detached homes that have sold so far this year, the average sale price is up 6.3%, coming in at $1,425,721. Semi-detached home values are up 5.9% in 2013, to $748,388 compared to $706,403 in 2012. The highest valued sale on MLS so far this year was $2.7 million, for a home on Bennington Heights Drive. The lowest was $515,000 for a semi-detached bungalow in June 2013.
As of November 7th 2013, there were 22 homes available in Leaside and Bennington Heights. They range from a 2 bedroom semi detached bungalow listed for $594,900 to a house very large lot in Bennington Heights listed at $3,295,000.
For more in-depth information on local real estate trends, contact Jethro Seymour, Broker at Johnston & Daniel, a division of Royal LePage R.E.S. Ltd. Jethro Seymour is 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 Leaside neighbourhoods.
All statistical information sourced from the Toronto Real Estate Board’s MLS system
-- 30 --