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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For more in-depth information on local real estate trends, contact Jethro Seymour, one of the Top Davisville Village Real Estate Brokers at Royal LePage RES Ltd., Johnston & Daniel Division . Jethro Seymour is a midtown Toronto residential specialist with over 20 years of sales experience in real estate, marketing, construction and publishing. He has helped many families find homes in Toronto’s great neighbourhoods, and has extensive knowledge of local markets, new home construction, resale home sales, and the condo market. Living in midtown Toronto, Jethro previews many of the homes that come to market for his clients and inventory knowledge. Jethro specializes in Midtown, Davisville Village and Leaside neighbourhoods.For more information, call Jethro Seymour, Broker at 416-712-0767, email Jethro@SeymourRealEstate.ca.
