Comparing home sales in Leaside for the last six months of 2007 to the same period in 2008.
Last year there were 125 homes sold, versus 71 in 2008, a 43% drop, but the average sale price managed to climb by 9% from $821,000 to $898,000.
The median sale price went from $760,000 to $849,000 or an increase of 11 percent.
The listing (asking) price versus the sale price decreased from 104% to 99%, which is still a relatively modest amount compared to other Toronto neighbourhoods. On average it only took 2 days longer for homes to sell in this neighbourhood.
Leaside continues to defy the trends from most other markets throughout Canada.
|
May to October 2007 |
May to October 2008 |
% Change |
||
| Number of Sales |
125 |
Number of Sales |
71 |
Down 43% |
| Average Sale Price |
$821,887 |
Average Sale Price |
$898,887 |
Up 9% |
| Median sale Price |
$760,000 |
Median sale Price |
$849,000 |
Up 11% |
| % of List Price |
104.68 |
% of List Price |
99.37 |
Down 5% |
| Days on the Market |
14 |
Days on the Market |
16 |
Up 14% |
October 2008 – All Leaside Home Sales
| Type | Style | Bedrooms | Washrooms | Sold Price |
| Semi-Detached | 2-Storey | 3 | 1 | 469000 |
| Semi-Detached | Bungalow | 2 | 2 | 477000 |
| Semi-Detached | 2-Storey | 3 | 2 | 567500 |
| Detached | 2-Storey | 3 | 2 | 847000 |
| Detached | 2-Storey | 4 | 4 | 1360000 |
Please note that because of privacy laws in Ontario, we are not able to publish individual addresses or selling prices of sold homes. Such information can only be given to you individually.
To receive complete information and details on any home sold, send me an email, or call me Rosalin Smith-Carr, at my direct line (416) 482-8330 ext. 3519
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