Rosedale Home Sales Statistics for April 2023
Sales Volume Changes*
All homes - down 37.3% at 42 homes sold
Detached - down 31.4% to 35 homes sold
Semi-detached - down 64.3% to 5 homes sold
Dollar Value Changes*
All homes - down 13.3% to $4,445,550
Detached - down 0.2% to $4,670,003
Semi-detached - down 7.7% to $3,569,600
*MLS 12-month year-over-year changes ending April 31, 2023; Provided by Jethro Seymour
As of May 3, 2023, there are 13 homes available in the Rosedale area of the Toronto Real Estate Board’s C09 zone, ranging in price from $2,200,000 for a detached on Glen Road (16 days on the market) to $16,595,000 for a detached home on Castle Frank Road (232 days on the market). This includes the six homes that have been listed for more than 30 days and the other home that was listed in the month of April and is not selling at its current price.
Last month, five homes were sold in Rosedale. The highest-selling home of the month featured a detached 8-bedroom, 5-bathroom home on a 60 x 168.62-foot lot with a private driveway and one detached garage at Castle Frank Road. It sold for $5,350,000 which was 97% of the asking price.
Entry into the Rosedale market now requires buyers to spend at least $4,500,000 for a semi-detached home and $3,850,000 for semi-detached homes. Buyers continue to look for homes in midtown while low inventory endures as the main driver of competitive bidding.
Consider us 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.
View March Home Sales 2023 here..
April 2023 Sales
|Detached||No. of Sold||Avg. Price||% of List Price||Days on Market|
Source: TREB MLS Sales Data as of April 31, 2023;
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.