Slow growth for home sales here

As the slow-time for real estate sales this winter starts to end there are signs of revival in Leaside and Bennington Heights. This past March there were 21 homes sold through MLS, compared to 14 the previous year.

But the average price was down 5.1 percent, to $1,346,179 when compared to last March.

Leaside sales
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Two of those 21 homes were semi-detached and had an average sale value of close to a million: $913,000.

Value of first quarter sales this year compared to last year was up 7.1 percent and the number of sales rose from 36 to 42.

Other good numbers come from the 12-month averages. All home sale values from April/13 to end of March/14 showed an average price increase of 3.6 percent ($1,272,017) compared to April/12 to end of March/14. The number of sales rose 7.3 percent to 207.

Meanwhile, the highest value home sold through MLS so far this year was for $2.850 million in Bennington Heights, followed by $2.580 in North Leaside. Lowest valued house was $680,000 on Eglinton East.

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