Leaside Home Sales for August 2023
Sales Volume Changes*
All homes - down 16.1% to 120 homes sold
Detached - down 15.2% to 95 homes sold
Semi-detached - down 11.1% to 24homes sold
Dollar Value Changes*
All homes - down 3.6% to $2,441,408
Detached - down 3.7% to $2,678,435
Semi-detached - down 6.4% to $1,541,362
*MLS 12-month year-over-year changes ending August 31, 2023; Provided by Jethro Seymour
Monthly Update
In the Leaside neighborhood, a total of four homes were recently sold, consisting of three detached homes and one semi-detached homes. The average value of these transactions last month was $2,047,500, marking a 3.1% increase from the mean average of $1,986,625 in August of the previous year.
Average Monthly Dollar values for All Homes in Leaside are up by 3.1% in August 2023.
Out of the four homes sold in August, two were sold at or above their initial asking prices. The highest-selling property was a charming detached single-family home featuring 3 bedrooms, 3 bathrooms, and located on Sutherland Drive, set upon a 28.79 x 100-foot lot with a private drive and no garage. This exceptional property achieved a sale price of $2,490,000, meeting the asking price in full. Another notable sale was a detached property on Rykert Crescent, which sold for $$2,475,000 equivalent to 95% of the initial listing price.
Additionally, Leaside properties boasted an average market time of just eleven days last month. The quickest sale happened in a mere 7 days for a home on Sutherland Drive. In contrast, the longest sale took 18 days for a home on Donlea Drive. However, eight homes remained listed for over 30 days, and five others listed in August are still unsold at their current prices.
Entry into the Leaside market now requires buyers to spend $1,300,000 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 July Home Sales 2023 here..
August 2023 Sales
in Leaside
Detached | No. of Sold | Avg. Price | % of List Price | Days on Market |
3 Bedroom | 1 | $2,490,000 | 100% | 7 |
4 Bedroom | 2 | $2,240,000 | 98% | 15 |
Semi-detached | No. of Sold | Avg. Price | % of List Price | Days on Market |
3 Bedroom | 1 | $1,220,000 | 95% | 8 |
Source: TREB MLS Sales Data as of September 8, 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.