Leaside & Bennington Heights Home Sales for January 2019
Sales Volume Changes*
All homes - down 11.4% to 132
Detached - down 14.3% to 102
Semi-detached - down 13.3% to 26
Dollar Value Changes*
All homes - down 2.2% to $1,835,807
Detached - down 1.8% to $2,009,381
Semi-detached - down 1.1% to $1,226,717
*MLS 12-month year-over-year changes ending January 31, 2019; Provided by Jethro Seymour
Two homes changed hands in Leaside & Bennington Heights last month, marking a 33.3% decrease over the three home sales we saw in January of last year. Both of this year’s January sales were detached homes, which sold for an average value of $2,123,550. This marks a 15.2% increase from the past year’s peak of $1,843,000.
Leaside & Bennington Heights home values up by 15.2% in 2019!
As of February 1, 2019, there are 20 homes on the market in the Leaside (C11) area, ranging in price from $1,099,000 for a semi-detached home on Eglinton Avenue East (17 days on the market) to $4,188,000 for an exquisite detached home on Killdeer Crescent (113 days on the market).
Last month, two homes sold in Leaside, both were detached homes. The average time to sell a home was 6 days. One home on Parkhurst Boulevard sold two days after it was listed, while the other one on Sutherland Drive lasted nine days. This doesn't include the five homes that have been listed for more than 30 days or the 15 homes that were listed in the month of January and are not selling at their current listed prices. Only one home sold at or above their listed price. Last month’s most valuable home sale was a detached 4-bedroom, 5-bathroom home on a 35’ x 100’ Sutherland Drive lot with a private drive and garage. It sold for $2,625,000, or 99% of the original listing price. The other home on Parkhurst Boulevard sold for $1,622,100.
Entry into the Leaside market now requires buyers to spend $2,700,000 for a detached home. Buyers continue to look for homes in midtown while low inventory endures as a main driver of competitive bidding.
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January Sales in Leaside
& Bennington Heights
|Detached||No. of Sold||Avg. Price||% of List Price||Days on Market|
Source: TREB MLS Sales Data as of February 1, 2019
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.