Davisville Village Home Sales Statistics for June 2021
Sales Volume Changes*
All homes - up 67.3% to 189 homes sold
Detached - up 85.5% to 102 homes sold
Semi-detached - up 47.2% to 78 homes sold
Dollar Value Changes*
All homes - up 7% to $1,799,001
Detached - up 6.4% to $2,025,511
Semi-detached - up 4.4% to $1,495,899
*MLS 12-month year-over-year changes ending June 30, 2021; Provided by Jethro Seymour
Last month, 19 houses got new owners in Davisville Village, including 13 detached and six semi-detached homes. This marks a 5% drop compared to the 20 homes sold from the same month of last year. The average value of the June 2021 transactions was $1,825,895, marking a 10.7% increase from last year’s June mean of $1,649,650.
For the first half of 2021, 106 homes have sold in Davisville Village. This marks a 100% increase compared to the year-to-date sales figures through June 2020 with 53 homes sold. Sixty-one detached homes have found new owners so far this year, with average sale prices of $2,106,609. This is a 4.6% increase over the 2020 year-to-date mean of $2,013,415. The average value of semi-detached homes also increased by 1.7% compared to the year-to-date mean through June 2020, jumping from $1,517,501 to $1,542,641.
Home values up by 7% over last year in Davisville Village!
As of July 2, 2021, there are 12 homes on the market in the Davisville Village area. These homes range in price from $1,725,000 for a detached home on Glebe Road East (49 days on the market) to $3,150,000 for a detached home on Millwood Road (15 days on the market).
Last month, the average Davisville home sold after twelve days on the market. The home on Balliol Street sold a day after it was listed, while the longest remained on the market for 58 days. This doesn’t include the seven homes that have been listed for more than 30 days or the six homes that were listed in the month of June and are not selling at their current prices.
Nine of the 19 June 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 148-foot lot with a lane drive and garage on Balliol Street. It sold for $2,820,000 which was 91% of the asking price. It was followed by a detached home on Manor Road East which sold for $2,750,000 which was 97% of the initial listing price.
Entry into the Davisville Village market now requires buyers to spend $1,200,000 for a semi-detached home and at least $1,500,000 for a detached home.
Consider me your Davisville Village neighbourhood real estate expert and resource. When it is time to move, I am here to help with insightful strategies, expert negotiation skills, and results-focused marketing plans.
View Home Sales Statistics for May 2021 here..
June 2021 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 July 2, 2021;
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.