Leaside Home Sales for June 2023
Sales Volume Changes*
All homes - down 16% to 121 homes sold
Detached - down 16.5% to 96 homes sold
Semi-detached - down 11.5% to 23 homes sold
Dollar Value Changes*
All homes - down 7% to $2,393,328
Detached - down 6.9% to $2,612,510
Semi-detached - down 6.2% to $1,555,074
*MLS 12-month year-over-year changes ending June 30, 2023; Provided by Jethro Seymour
Monthly Update
In the Leaside neighborhood, a total of nine homes were recently sold, consisting of seven detached homes and two semi-detached homes. The average value of these transactions last month was $2,522,778, marking a 19% decrease from the mean average of $3,113,057 in June of the previous year.
Average Days on the Market are up by 61.5% over last year in Leaside Homes
Out of the nine homes sold in June, five were sold at or above their initial asking prices. The highest-selling property was a meticulously maintained 4-bedroom, 6-bathroom home on Divadale Drive, with a 35.01 x 130 foot lot, private drive, and attached 1-car garage. It sold for $4,850,000, representing 90% of the asking price. Another notable sale was a detached property on Noel Avenue, which sold for an impressive $3,512,000, equivalent to 113% of the initial listing price.
Additionally, Leaside properties had an average market time of only fourteen days last month. The quickest sale occurred within just 1 day for a home on Airdrie Road. Conversely, the longest sale took 21 days for a home on Donegall Drive. However, three homes remained listed for over 30 days, and twelve others listed in June are still unsold at their current prices
Entry into the Leaside market now requires buyers to spend $1,430,000 for a semi-detached home and at least $1,580,000 for a detached home.
Consider us your Leaside neighborhood 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 May Home Sales 2023 here..
June 2023 Sales
in Leaside
Detached | No. of Sold | Avg. Price | % of List Price | Days on Market |
1 Bedroom | 1 | $2,000,000 | 93% | 5 |
3 Bedroom | 2 | $1,775,000 | 104% | 3 |
4 Bedroom | 3 | $3,564,000 | 101% | 10 |
5 Bedroom | 1 | $2,330,000 | 99% | 6 |
Semi-detached | No. of Sold | Avg. Price | % of List Price | Days on Market |
3 Bedroom | 1 | $1,425,000 | 102 | 7 |
4 Bedroom | 1 | $2,708,000 | 118 |
Source: TREB MLS Sales Data as of July 4, 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.