Leaside & Bennington Heights Home Sales for January 2023
Sales Volume Changes*
All homes - down 15.3% to 138 homes sold
Detached - down 17.8% to 106 homes sold
Semi-detached - down 15.2% to 28 homes sold
Dollar Value Changes*
All homes - up 7.3% to $2,506,238
Detached - up 8.2% to $2,765,830
Semi-detached - up 10.1% to $1,652,493
*MLS 12-month year-over-year changes ending January 31, 2023; Provided by Jethro Seymour
Last month, six homes were given new owners in Leaside & Bennington Heights, including five detached and one semi-detached home. The average value of last month’s transactions was $2,360,833, marking an 11.8% drop over last year’s January mean of $2,675,900.
Leaside & Bennington Heights home values up by 7.3% over last year!
As of January 31, 2023, there are 10 homes on the market in the Leaside (C11) area, ranging in price from $1,299,000 for a semi-detached home on Eglinton Avenue East (118 days on the market) to $3,999,000 for a detached home on Randolph Road(just listed).
Last month, Leaside properties sold at an average of 16 days after listing. A Donegall Drive home sold two days after it was listed, while the longest remained on the market for 69 days. This doesn’t include the four homes that have been listed for more than 30 days or the six homes that were listed in the month of January and are not selling at their current prices.
Half of the January home sales sold at or above their initial asking prices. The highest selling Leaside transaction of the month featured a detached 4-bedroom, 5-bathroom home on a 40 x 155-foot lot with a private drive and built-in garage on Rykert Crescent. It sold for $4,335,000 which was 97% of the asking price. This was followed by another detached home on Donegall Drive which sold for $2,370,000 which was 105% of the initial listing price.
Entry into the Leaside market now requires buyers to spend $1,300,000 for a semi-detached home and at least $1,400,000 for a detached home.
Consider us your Leaside & Bennington Heights neighbourhood 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.
January 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 January 31, 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.