Leaside & Bennington Heights Home Sales for January 2022
Sales Volume Changes*
All homes - up 12.4% to 163 homes sold
Detached - up 15.2% to 129 homes sold
Semi-detached - up 13.8% to 33 homes sold
Dollar Value Changes*
All homes - up 11.3% to $2,335,087
Detached - up 10.7% to $2,556,045
Semi-detached - up 9.7% to $1,501,283
*MLS 12-month year-over-year changes ending January 31, 2022; Provided by Jethro Seymour
Monthly Update
Last month, two homes were given new owners in Leaside & Bennington Heights, both were detached homes. The average value of last month’s transactions was $2,675,900, marking an 8.8% jump over last year’s January mean of $2,460,333.
Leaside & Bennington Heights home values up by 11.3% over last year!
As of February 1, 2022, there are six homes on the market in the Leaside (C11) area, ranging in price from $1,399,000 for a semi-detached home on Thursfield Crescent (7 days on the market) to $4,289,000 for a detached home on Rykert Crescent (21 days on the market).
Last month, Leaside properties sold at an average of 31 days after listing. A Broadway Avenue home sold six days after it was listed, while the longest remained on the market for 56 days. All currently available homes in the market were listed in the month of January and are not selling at their current price.
Only one of the two 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 50.12 x 104.78-foot lot with a private drive and built-in garage on Sutherland Drive. It sold for $3,300,000 which was 97% of the asking price. This was followed by another detached home on Broadway Avenue which sold for $2,051,800 which was 128% of the initial listing price.
Entry into the Leaside market now requires buyers to spend at least $2,000,000 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 Annual Home Sales 2021 here..
January 2022 Sales
in Leaside
& Bennington Heights
Detached | No. of Sold | Avg. Price | % of List Price | Days on Market |
2 Bedroom | 1 | $2,051,800 | 128 | 6 |
4 Bedroom | 1 | $3,300,000 | 97 | 56 |
Source: TREB MLS Sales Data as of February 1, 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.