Leaside Home Sales Statistics for January 2024
Homes For Sale
Recently Sold in Leaside
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Sales Volume Changes*
All homes - down 12.3% to 123 homes sold
Detached - down 7.5% to 98 homes sold
Semi-detached - down 21.4% to 22 homes sold
Dollar Value Changes*
All homes - down 2.8% to $2,435,664
Detached - down 3.7% to $2,662,251
Semi-detached - down 10% to $1,487,036
*MLS 12-month year-over-year changes ending January 31, 2024; Provided by Jethro Seymour
Monthly Update
In the Leaside neighborhood, two sales were recorded, both comprising detached properties. However, the average value of these transactions last month saw a notable decrease of 18.4% compared to January of the previous year, averaging at $1,927,000.
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Leaside's Real Estate Market Takes a Dive: Home Sales Plunge by 66.7%
Interestingly, neither of the homes sold in January surpassed their initial asking prices. The standout sale was on Mcrae, it featured a large lot on a busy street, boasting a rare 40x150-foot south-facing lot with an inground pool. Despite being listed multiple times, the Mcrae property took 22+7+17 days to sell, highlighting its unique market journey. The other was land value in the Bessborough school district backing onto a church with a shot 110’ lot, it was a 2-storey original brick home.
Despite these fluctuations, the average Leaside home sold within 17 days of listing last month, with the lone sale on Mcrae Drive taking 43 days. However, with nine homes still listed for over 30 days and one remaining unsold at its price since January, the market continues to present diverse challenges and opportunities for buyers and sellers alike. As we move forward, we anticipate further shifts and remain committed to guiding our clients with expertise and dedication.
As of January 31, 2024, 10 homes are currently for sale in Leaside. These range in price from $278,901 for a property on Industrial Street (listed for 59 days) to $5,398,000 for a detached on Brentcliffe Road (listed for 76 days).
Entry into the Leaside market now requires buyers to spend $1,280,000 for a semi-detached home and at least $1,580,000 for a detached home.
We are Leaside neighbourhood real estate experts and information resources. When it is time to move, I am here to help with insightful strategies, expert negotiation skills, and results-focused marketing plans.
View December Home Sales 2023 here..
January 2024 Sales
in Leaside
| Detached | No. of Sold | Avg. Price | % of List Price | Days on Market |
| 3 Bedroom | 2 | $1,927,000 | 97% | 43 |
Source: TREB MLS Sales Data as of January 31, 2024;
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.