Leaside & Bennington Heights Home Sales for April 2022
Sales Volume Changes*
All homes - up 9.8% to 168 homes sold
Detached - up 6.7% to 127 homes sold
Semi-detached - up 22.6% to 38 homes sold
Dollar Value Changes*
All homes - up 9% to $2,397,256
Detached - up 10.2% to $2,663,704
Semi-detached - up 13.4% to $1,571,411
*MLS 12-month year-over-year changes ending April 30, 2022; Provided by Jethro Seymour
Monthly Update
Last month, 25 homes were given new owners in Leaside & Bennington Heights, including 15 detached, eight semi-detached, and two attached homes. This marks a 47.1% jump compared to the 17 homes sold from the same month of last year. The average value of last month’s transactions was $2,658,801, marking a 17.7% increase over last year’s April mean of $2,259,248.
Year-To-Date Update
For the first four months of 2022, 51 homes have sold in Leaside & Bennington Heights. This marks a 2% increase compared to the year-to-date sales figures through through April of last year. Thirty six detached homes have found new owners so far this year, with average sale prices of $2,976,248. This is a 13.8% jump over the April 2021 year-to-date mean of $2,615,312. The average value of semi-detached homes also increased by 13.7% compared to the year-to-date mean through April 2021, jumping from $1,526,024 to $1,735,731.
Leaside & Bennington Heights home values up by 9% over last year!
As of May 2, 2022, there are seven homes on the market in the Leaside (C11) area, ranging in price from $1,465,000 for a semi-detached home on Laird Drive (20 days on the market) to $3,295,000 for a detached home on Douglas Crescent (26 days on the market).
Last month, Leaside properties sold at an average of 10 days after listing. A Donegall Drive home sold on the day it was listed, while the longest remained on the market for 58 days. This doesn’t include the only home that has been listed for more than 30 days or the six homes that were listed in the month of April and are not selling at their current prices.
Eighteen of the 25 April home sales sold at or above their initial asking prices. The highest selling Leaside transaction of the month featured a detached 4-bedroom, 4-bathroom home on a 70 x 228-foot lot with a private drive and built-in garage on Bennington Heights Drive. It sold for $7,030,000 which was 105% of the asking price. This was followed by another detached home on Governors Road which sold for $4,700,000 which was 100% of the initial listing price.
Entry into the Leaside market now requires buyers to spend $1,500,000 for a semi-detached home and at least $1,700,000 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.
View Home Sales Statistics for March 2022 here..
April 2022 Sales
in Leaside
& Bennington Heights
Detached | No. of Sold | Avg. Price | % of List Price | Days on Market |
2 Bedroom | 4 | $1,935,000 | 113 | 4 |
3 Bedroom | 4 | $2,971,250 | 110 | 4 |
4 Bedroom | 7 | $4,179,431 | 118 | 6 |
Semi-detached | No. of Sold | Avg. Price | % of List Price | Days on Market |
2 Bedroom | 2 | $1,616,500 | 126 | 5 |
3 Bedroom | 6 | $1,828,000 | 113 | 21 |
Attached | No. of Sold | Avg. Price | % of List Price | Days on Market |
3 Bedroom | 1 | $1,388,000 | 95 | 49 |
4 Bedroom | 1 | $2,000,000 | 98 | 11 |
Source: TREB MLS Sales Data as of May 2, 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.