Leaside & Bennington Heights – Values up 2.9% in 2013
In November of 2013, 15 homes changed hands in Leaside & Bennington Heights, which was the exact same as November of 2012. The average dollar value of those transactions was up by 6.2%. There were 9 detached homes sold in November 2013 compared to 13 in 2012. The 5 semi-detached homes that sold had an average value increase of 4.2%, while detached homes increased 25.5% in value for the month. This was partially due to a $2,590,000 sale in Bennington Heights which pushed up the average sale price. Last year, the average November monthly value for all homes sold in Leaside and Bennington Heights was $1,190,500 compared to $1,264,567 this year.
Leaside & Bennington Heights year-to-date home sale volumes are also up, from 184 in 2012 to 205 in 2013 — a gain of 13.9%. Detached home sales are up 2% for the year, and the volume of semi-detached home sales is up 75.9% to date in 2013. It’s been a good year for semi-detached home sales in Leaside.
Year-to-date, Leaside and Bennington Heights homes have posted an average 2.9% increase in value compared to this time last year. The value of the average home rose to $1,253,917 in 2013, up from $1,218,226 in 2012. Among the 150 detached homes that have sold so far this year, the average sale price is up 7.6%, coming in at $1,435,205. Semi-detached home values are up 5.9% in 2013, to $749,370 compared to $707,892 in 2012. The highest valued sale on MLS so far this year was $2.7 million, for a home on Bennington Heights Drive. The lowest was $515,000 for a semi-detached bungalow in June 2013.
As of December 6th 2013, there were 14 homes available in Leaside and Bennington Heights. They range from a detached home on Airdrie Road listed for $1,079,000 to a beautiful home on Rykert Crescent listed at $2,680,000.
- Source: Toronto Real Estate Board December 6th 2013
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Have a great holiday season,
Toronto Real Estate Broker specializing in Davisville Village and Leaside
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