Leaside Home Sales for July 2023
Sales Volume Changes*
All homes - down 13.3% to 124 homes sold
Detached - down 12.5% to 98 homes sold
Semi-detached - down 14.3% to 24 homes sold
Dollar Value Changes*
All homes - down4.7% to $2,424,774
Detached - down 5.1% to $2,654,330
Semi-detached - down 4.7%% to $1,563,446
*MLS 12-month year-over-year changes ending July 31, 2023; Provided by Jethro Seymour
In the Leaside neighborhood, a total of nine homes were recently sold, consisting of six detached homes and three semi-detached homes. The average value of these transactions last month was $2,273,693, marking a 27.5% increase from the mean average of $1,783,416 in July of the previous year.
Average units sold for Leaside semi-detached homes rose by 50% as of July 2023.
Out of the nine homes sold in July, four were sold at or above their initial asking prices. The highest-selling property was an elegant family detached 4-bedroom, 5-bathroom home on Bessborough Drive on a 60 x 130 foot lot, private drive, and built in 1-car garage. It sold for $4,350,000, representing 95% of the asking price. Another notable sale was a detached property on Randolph Road East, which sold for $2,700,000, equivalent to 98% of the initial listing price.
Additionally, Leaside properties boasted an average market time of just thirteen days last month. The quickest sale happened in a mere 2 days for homes on Sutherland Drive, Astor Avenue, and Randolph East Road. In contrast, the longest sale took 51 days for a home on Bessborough Drive. However, six homes remained listed for over 30 days, and seven others listed in July are still unsold at their current prices.
Entry into the Leaside market now requires buyers to spend $1,300,000 for a semi-detached home and at least $1,580,000 for a detached home.
Consider us your Leaside neighborhood real estate expert and information resource. When it is time to move, I am here to help with insightful strategies, expert negotiation skills, and results-focused marketing plans.
July 2023 Sales
|Detached||No. of Sold||Avg. Price||% of List Price||Days on Market|
|2 Bedroom||1|| $1,800,000 ||107%||4|
|3 Bedroom||3|| $2,423,412 ||103%||2|
|Semi-detached||No. of Sold||Avg. Price||% of List Price||Days on Market|
Source: TREB MLS Sales Data as of August 8, 2023;
Statistics Provided by Jethro Seymour, Broker of Record
Jethro Seymour is one of the Top Leaside & Bennington Heights 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.