Leaside & Bennington Heights Home Sales for September 2022
Sales Volume Changes*
All homes - down 18.5% to 141 homes sold
Detached - down 18.5% to 110 homes sold
Semi-detached - down 25% to 27 homes sold
Dollar Value Changes*
All homes - up 10.1% to $2,525,073
Detached - up 10.2% to $2,773,362
Semi-detached - up 11.9% to $1,656,684
*MLS 12-month year-over-year changes ending September 30, 2022; Provided by Jethro Seymour
Last month, nine homes were given new owners in Leaside & Bennington Heights, including seven detached and two semi-detached homes. This marks an 18.2% drop compared to the 11 homes sold from the same month of last year. The average value of last month’s transactions was $2,280,060, marking a 6.1% decrease over last year’s September mean of $2,428,545.
For the first three quarters of 2022, 109 homes have sold in Leaside & Bennington Heights. This marks an 19.3% drop compared to the year-to-date sales figures through through September of last year. Eighty-five detached homes have found new owners so far this year, with average sale prices of $2,846,272. This is a 10.7% increase over the September 2021 year-to-date mean of $2,571,899. The average value of semi-detached homes also increased by 13.9% compared to the year-to-date mean through September 2021, jumping from $1,504,226 to $1,712,640.
Leaside & Bennington Heights home values up by 10.1% over last year!
As of October 3, 2022, there are 21 homes on the market in the Leaside (C11) area, ranging in price from $1,525,000 for a townhouse on Millwood Road (just listed on the market) to $4,850,000 for a detached home on Governors Road (19 days on the market).
Last month, Leaside properties sold at an average of nine days after listing. A Brentcliffe Road home sold a day after it was listed, while the longest remained on the market for 31 days. This doesn’t include the two homes that have been listed for more than 30 days or the 18 homes that were listed in the month of September and are not selling at their current prices.
Five of the nine September 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 47 x 130-foot lot with a private drive and attached garage on Douglas Crescent. It sold for $3,300,000 which was 92% of the asking price. Another detached home on the same street sold for the same price but was 86% of the initial listing price.
Entry into the Leaside market now requires buyers to spend $1,400,000 for either a semi-detached or 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.
View Home Sales Statistics for August 2022 here..
September 2022 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 October 3, 2022;
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.