Davisville Village Home Sales Statistics for January 2022
Sales Volume Changes*
All homes - up 31.2% to 181 homes sold
Detached - up 61.5% to 105 homes sold
Semi-detached - up 7.7% to 70 homes sold
Dollar Value Changes*
All homes - up 15.6% to $1,983,757
Detached - up 18.1% to $2,274,670
Semi-detached - up 5.2% to $1,558,410
*MLS 12-month year-over-year changes ending January 31, 2022; Provided by Jethro Seymour
Last month, 11 houses got new owners in Davisville Village, including six detached and five semi-detached homes. This marks a 120% jump compared to the five homes sold from the same month of last year. The average value of the January 2022 transactions was $1,988,627, marking a 20.5% increase from last year’s January mean of $1,650,067.
Davisville Village home values up by 15.6% over last year!
As of February 1, 2022, there are five homes on the market in the Davisville Village area. These homes range in price from $1,499,000 for a detached home on Millwood Road (6 days on the market) to $2,900,000 for a detached home on Soudan Avenue (40 days on the market).
Last month, the average Davisville home sold after eight days on the market. The home on Soudan Avenue sold on the day it was listed, while the longest remained on the market for 25 days. This doesn’t include the two homes that have been listed for more than 30 days or the three homes that were listed in the month of January and are not selling at their current prices.
Nine of the 11 January home sales sold at or above their initial asking prices. The highest selling Davisville Village transaction of the month featured a detached 4-bedroom, 5-bathroom home on a 25 x 126-foot lot with a private drive and detached garage on Manor Road East. It sold for $3,300,000 which was 100% of the asking price. It was followed by a detached home on Soudan Avenue which sold for $2,505,000 which was 125% of the initial listing price.
Entry into the Davisville Village market now requires buyers to spend $1,700,000 for a semi-detached home and at least $1,500,000 for a detached home.
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January 2022 Sales
in Davisville Village
|Detached||No. of Sold||Avg. Price||% of List Price||Days on Market|
|Semi-detached||No. of Sold||Avg. Price||% of List Price||Days on Market|
Source: TREB MLS Sales Data as of February 1, 2022;
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.