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Leaside & Bennington Heights Home Sales for August 2018

Jethro Seymour

Sell your home faster and for more money with the Seymour Real Estate Team.  I started my sales career in 1994 with publishing and media sales...

Sell your home faster and for more money with the Seymour Real Estate Team.  I started my sales career in 1994 with publishing and media sales...

Sep 26 4 minutes read

Sales Volume Changes*
All homes – down 22.4% to 132
Detached – down 18.8% to 104
Semi-detached – down 35% to 26

Dollar Value Changes*
All homes - up 2.9% to $1,822,272
Detached - up 1% to $1,971,858
Semi-detached - up 7.1% to $1,283,140

*MLS 12-month year-over-year changes ending August 31, 2018; Provided by Jethro Seymour

Monthly Update

Six homes changed hands in Leaside last month, a 50% increase compared to four home sales in the same month last year. Five of these were detached homes, which sold for an average value of $1,724,000. This is a 23.5% increase from the past year’s peak of $1,395,500. Only one semi-detached home changed hands in the neighbourhood this past August, and it sold for $1,170,000.

Year-To-Date Update

Compared to the 110 homes that sold in the first eight months of 2017, this year’s 88 home sales returned 3.4% less dollar value, falling from an average of $1,849,418 to $1,785,712. The average detached home value also fell from last year’s $2,053,358 to $1,936,220 in 2018, indicating a 5.7% decline. These figures, however, are only for the first eight months of the year.

Leaside & Bennington Heights Home Sales Statistics for March 2018 from Jethro Seymour, Top Leaside Agent 2018 home values up 2.9% in Leaside & Bennington Heights!

As of September 6th, 2018, there are 25 homes available in the Leaside (C11) area, ranging in price from $949,000 for a semi-detached home on Airdrie Road  (30 days on the market) to $3,699,000 for an exquisite detached home on Bessborough Drive (37 days on the market). 

Last month, six homes sold in Leaside, including five detached and one semi-detached home.  The average time to sell a home was 16 days. One home sold out six days after it was listed while the longest lasted 34 days. This doesn't include the 17 homes that have been listed for more than 30 days or the six homes that were listed in the month of August and are not selling at their current listed prices.

None of the six August home sales sold at or above their listed price. The highest-selling home was a detached 3-bedroom, 4-bathroom home on a 27.5’ x 100’ Sutherland Drive lot with a private driveway and garage. It sold for $2,070,000, or 99% of the listing price. This was followed by a home on Rykert Crescent, which sold for $1,985,000.

Entry into the Leaside market now requires buyers to spend $1,100,000 for a  semi-detached home and at least  $1,200,000 for a detached home. Buyers continue to look for homes in midtown while low inventory still continues to drive bidding on homes.

Consider me your  Leaside &  Bennington  Heights 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 July 2018 here.

August Sales in Leaside & Bennington Heights 

Detached
No. of Sold
Avg. Price
% of List Price
Days on Market
3 Bedroom
4
$1,663,750
97
20
4 Bedroom
1
$1,965,000
98
6
Semi-detached
No. of Sold
Avg. Price
% of List Price
Days on Market
2 Bedroom
1
$1,170,000
99
11

Leaside & Bennington Heights Home Sales Statistics for March 2018 from Jethro Seymour, Top Leaside Agent

Leaside & Bennington Heights Home Sales Statistics for March 2018 from Jethro Seymour, Top Leaside Agent

Source: TREB MLS Sales Data as of September 6, 2018
Statistics Provided by Jethro Seymour, Broker of Record

View Davisville Village Home Sales Statistics for August  2018

Davisville Village Home Sales Statistics for August 2018 from Jethro Seymour, Top midtown ...

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Leaside and Bennington Heights Home sales report and statistics for December 2017 from Jethro Seymour, Top Midtown Toronto RealtorLeaside & Bennington Heights Home Sales Statistics for March 2018 from Jethro Seymour, Top Leaside Agent

Leaside & Bennington Heights Home Sales Statistics for March 2018 from Jethro Seymour, Top Leaside Agent

Jethro Seymour is one of the Top Leaside 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.

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