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Toronto Real Estate Sales W01

High Park, Swansea and Roncesvalles Houses - 2015 1st Quarter Report

Including freehold homes: detached, semi-detached and attached (row houses)

High Park and Swansea

Detached Houses

High Park detached houses are stately, large, typically three storey mansions. Many are being renovated and restored. North part of the neighbourhood has larger properties and larger residences. High Park & Swansea Toronto   2015     2014   Difference
House Sales   27     12   + 125%
Homes Average Price   $1,299,626     $1,130,466   + 15.0%
New Listings   33     25   + 32.0%
Active Listings   21     36   - 41.7%
% of Sales Price to Listing Price   105.6%     101.6%   + 4.0%
Days on Market   15     17   - 11.8%

Semi-detached Houses

Semi-detached homes in High Park are often the same size as detached. Smaller houses can be found in the south part of the neighbourhood. High Park & Swansea Toronto   2015     2014   Difference
House Sales   2     2   + 0.0%
Homes Average Price   $899,550     $931,500   - 3.4%
New Listings   4     1   + 300.0%
Active Listings   3     6   - 50.0%
% of Sales Price to Listing Price   115.0%     112.5%   + 2.5%
Days on Market   7     6   + 16.7%

Attached Houses (Freehold Townhouses)

Few row houses can be found in High Park South, and these are located in the south portion of the area. High Park & Swansea Toronto   2015     2014   Difference
House Sales   0     0   0%
Homes Average Price   $0     $0   0.0%
New Listings   0     0   0.0%
Active Listings   0     0   0.0%
% of Sales Price to Listing Price   0.0%     0.0%   0.0%
Days on Market   0     0   0%

High Park and Swansea are divided by the park, and differ greatly both in landscape and in housing types. While the majority of High Park homes are large, semi-detached and detached, with a few row houses situated in the south part of the area, Swansea homes are smaller, and a good number have been renovated with additions or even re-built.

First quarter of 2015 had more than double the sales of the same period a year ago. We saw more new listings of detached houses, more listings sold, and an increase in average price of detached houses by 15%. With only two semi-detached homes sold the small decrease in average price has likely happened by chance. 

The busiest streets in High Park - Swansea were Durie Street and Parkside Drive, with three sales each.

 

Roncesvalles Village

Detached Houses

Roncesvalles Village has some large detached houses. Most are two and a half storey, with four or five bedrooms. Roncesvalles Toronto   2015     2014   Difference
House Sales   6     8   - 25.0%
Homes Average Price   $1,111,703     $887,819   + 25.2%
New Listings   11     10   + 10.0%
Active Listings   8     6   + 33.3%
% of Sales Price to Listing Price   109.9%     102.1%   + 7.8%
Days on Market   6     26   - 76.9%

Semi-detached Houses

Semi-detached houses in Roncesvalles Village vary in size and style. Most have parking access of a back lane. Many of these homes have been recently renovated. Roncesvalles Toronto   2015     2014   Difference
House Sales   4     10   - 60.0%
Homes Average Price   $841,750     $767,950   + 9.6%
New Listings   9     14   - 35.7%
Active Listings   7     7   0.0%
% of Sales Price to Listing Price   107.1%     104.5%   + 2.6%
Days on Market   21     12   + 75.0%

Attached Houses (Freehold Townhouses)

Roncesvalles Village has a large number of Victorian row houses. High ceilings and original Victorian trim are features present in most of these beautiful residences. Roncesvalles Toronto   2015     2014   Difference
House Sales   7     5   + 40.0%
Homes Average Price   $741,010     $667,600   + 11.0%
New Listings   7     7   0.0%
Active Listings   2     5   - 60.0%
% of Sales Price to Listing Price   108.3%     101.8%   + 6.5%
Days on Market   20     20   0.0%

Roncesvalles Village is as popular as ever, and home owners tend to stay in the area. The neighbourhood has a good mix of houses in various sizes and types. First quarter of 2015 saw a shortage of listings, and fewer sales on a year-over-year basis of detached and semi-detached homes. The only category where we had an increase in the number of sales was freehold townhouses.

Westminster Ave., Saunders Ave., Garden Ave. and Brock Ave. each had two sales in the first quarter.

Average prices of all houses increased over last year. The largest difference occurred in the average prices of detached houses - they increased by 25.2%

On average all freehold home categories in the above communities were selling above listing price. With listings priced competitively, bidding wars and bully offers are a fact of life.

 

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