Market Highlights
Beddington Heights witnessed a steady market performance in October 2024, marked by a balanced demand for properties. The benchmark residential price was $503,300, reflecting a 4.6% year-over-year increase. The median price, however, showed a slight dip to $447,500 (-8.7%), while the average price increased to $501,354 (+6.1%).
This month recorded 13 sales, a 43% year-over-year decline, alongside 20 new listings, representing an 11% increase in inventory compared to October 2023. The months of supply rose to 1.69, indicating a market tilting toward buyers. Properties sold close to their list prices, with an average sale-to-list price ratio of 98.6%, and the average days on market (DOM) stood at 33 days.
Property Types Performance
- Detached Homes: Remain in demand, with a benchmark price of $575,900 (+4.5% Y/Y).
- Semi-Detached Homes: The benchmark price increased to $437,500 (+5.6%).
- Row Housing: Continued affordability, with a benchmark price of $367,700 (+5.5%).
Community Features
Beddington Heights is a desirable community offering a blend of suburban living and urban convenience. It boasts proximity to essential amenities, including schools, shopping centers, and healthcare facilities. Outdoor enthusiasts benefit from access to Nose Hill Park and various local green spaces, while excellent connectivity via major roads like Deerfoot Trail and public transit links enhance accessibility. With a strong community focus, Beddington Heights attracts a diverse population, including families, professionals, and retirees.
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