≡ Menu

Fewest home sales in 10 years

The number of home sales in Leaside and Bennington Heights last year was the lowest in 10 years.

Only 162 homes traded hands in 2015 compared to the 10-year average of 220 homes per year.

December was very slow: five homes sold, only one a semi-detached.

But it was a good market for sellers: Those 162 homes last year sold on average 5 percent higher than the asking price and in 13 days.

Over the last decade there’s been an average price increase of 10.14 percent per year.

Some figures.

Last year’s sales compared to 2014:

All Homes Sales

– down 31.1%, to 162

Detached Home Sales

– down 37.4%, to 119

Semi-Detached Home Sales

– down 2.6%, to 37

Dollar Value Changes

All Home Values

– up 5.3%, to $1,414,431

Detached Home Values

– up 7.9%, to $1,566,577

Semi-Detached Home Values

– up 16.6%, to $964,493

The highest 2015 MLS Leaside sale was $3.080 million in North Leaside on Glenvale Blvd. The lowest valued sale was $725,000 for a two- bedroom, one bathroom semi-detached home in North Leaside.

Jethro Seymour is a broker at Johnston & Daniel. All figures are from the Toronto Real Estate Board’s Multiple Listing Service.