Davisville Village Home Sales Statistics for August 2023
Sales Volume Changes*
All homes - down 35.5% to 91 homes sold
Detached - down 21.5% to 51 homes sold
Semi-detached - down 48.6% to 38 homes sold
Dollar Value Changes*
All homes - down 4.3% to $1,912,771
Detached - down 9.2% to $2,161,126
Semi-detached - down 3% to $1,618,809
*MLS 12-month year-over-year changes ending August 1, 2023; Provided by Jethro Seymour
In August 2023, 5 Davisville Village homes were sold, including 2 detached and 3 semi-detached. These numbers are the same as the number of sales from the same month of last year. The average value of the August 2023 transactions was $1,826,800 marking a 0.7% increase from last year’s August mean average of $1,814,000.
Average Monthly Dollar Values for Semi-Detached Homes in Davisville Village Surged by 17.2%. for August 2023
Last month, 3 homes sold at or above asking prices. The top sale in Davisville Village showcased a a stunning semi-detached 2-storey home on a 20 x 176 foot lot, mutual driveway, and no garage on Merton Street. It achieved a remarkable sale price of $2,200,000, exceeding the asking price by 110%. Another home on Manor Road East sold for $2,075,000 which was 101% of the initial listing price. Last month, the average Davisville home sold within 7 days of being listed on the market.
A house on Merton Street, however, was sold in just two days after it was listed. While some homes sold quickly, others remained on the market for longer periods. In fact, one home was listed for 30 days, and five others have been listed for over 14 days. Additionally, three homes listed in August are not selling at their current prices.
As of September 8, 2023, twelve homes are currently for sale in Davisville Village. These range in price from $4,000,000 for a detached home on Merton Street(listed for 25 days) to $999,000 for a detached home on Cleveland Street (listed for 51 days).
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August 2023 Sales
in Davisville Village
|Detached||No. of Sold||Avg. Price||% of List Price||Days on Market|
|3 Bedroom||3||$1,703,000 ||108%||4|
Source: TREB MLS Sales Data as of September 8, 2023;
Statistics Provided by Jethro Seymour, Broker of Record
Jethro Seymour is one of the Top Davisville Village Real Estate Brokers and 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 Midtown, Davisville Village, and Leaside neighbourhoods.