Rosedale Home Sales Statistics for April 2019
Sales Volume Changes*
All homes - down 24.6% to 49
Detached - down 36.5% to 33
Semi-detached - up 36.4% to 15
Dollar Value Changes*
All homes - up 6.3% to $3,994,302
Detached - up 14.1% to $4,557,630
Semi-detached - up 4.8% to $2,869,600
*MLS 12-month year-over-year changes ending April 30, 2019; Provided by Jethro Seymour
As of May 9, 2019, there are 18 homes available in the Rosedale area of the Toronto Real Estate Board’s C09 zone, ranging in price from $2,850,000 for a detached home on Roxborough Drive (15 days on the market) to $21,500,000 for a detached home on the same street (16 days on the market).
Last month, nine homes sold in Rosedale, including seven detached and two semi-detached homes. The average time to sell a home was 36 days. One home on Chestnut Park sold four days after it was listed, while the longest lasted 181 days. This doesn't include the seven homes that have been listed for more than 30 days or the other seven homes that were listed in the month of April and are not selling at their current listed prices.
Five homes sold at or above their listed price. Last month’s most valuable home sale was a detached 6-bedroom, 7-bathroom home on a 50' x 178' lot with a private drive on Douglas Drive. It sold for $6,850,000, or 105% of the original listing price. It was followed by a home on Roxborough Drive which sold for $5,800,000 or 97% of the asking price.
Entry into the Rosedale market now requires buyers to spend $2,200,000 for a semi-detached home and at least $3,000,000 for a detached home. Buyers continue to look for homes in midtown while low inventory endures as the main driver of competitive bidding.
Consider me your Rosedale neighbourhood real estate expert and resource. When it is time to move, I am here to help with insightful strategies, expert negotiation skills and results-focused marketing plans.
April 2019 Sales in Rosedale
|Detached||No. of Sold||Avg. Price||% of List Price||Days on Market|
|Semi-detached||No. of Sold||Avg. Price||% of List Price||Days on Market|
Source: TREB MLS Sales Data as of May 9, 2019
Statistics Provided by Jethro Seymour, Broker of Record
Jethro Seymour is one of the Top Rosedale Real Estate Brokers and 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.