Leaside & Bennington Heights Home Sales for February 2023
Sales Volume Changes*
All homes - down 13.9% to 142 homes sold
Detached - down 13. 3% to 111 homes sold
Semi-detached - down 25% to 27 homes sold
Dollar Value Changes*
All homes - up 7.4% to $2,499,191
Detached - up 7.0% to $2,744,154
Semi-detached - up 7.4% to $1,624,855
*MLS 12-month year-over-year changes ending February 28, 2023; Provided by Jethro Seymour
Sixteen homes were given new owners in Leaside & Bennington Heights, including thirteen detached and three semi-detached home. The average value of last month’s transactions was $2,507,119, marking an 3.2% drop over last year’s February mean average of $2,590,792.
Leaside & Bennington Heights February 2023 home sales are up by 33.3%!
As of March 7, 2023, there are 6 homes on the market in the Leaside (C11) area, ranging in price from $1,499,000 for a detached home on Nesbitt Dr (89 days on the market) to $4,999,000 for a detached home on Killdeer Cres (12 days on the market).
Six of the February home sales sold at or above their initial asking prices. The highest selling Leaside transaction of the month featured a detached 3-bedroom, 4-bathroom home on a 70 x 135-foot lot with a private drive and built-in 2 car garage at Governors Road. It sold for $4,100,000 which was 98% of the asking price. This was followed by another detached home at Randolph Road which sold for $3,880,000 and was 97% of its initial listing price.
Last month, Leaside properties sold at an average of 19 days on the market. A Glenvale Boulevard home sold in just one day after it was listed, while the longest remained on the market for 125 days. This doesn’t include the two homes that have been listed for more than 30 days or the one in February and is not selling at their current price.
View January Home Sales 2023 here..
February 2023 Sales
& Bennington Heights
|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 March 7, 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.