Rosedale Home Sales Statistics for February 2023
Sales Volume Changes*
All homes - down 34.7% at 47 homes sold
Detached - down 31.5% to 37 homes sold
Semi-detached - down 42.9% to 8 homes sold
Dollar Value Changes*
All homes - down 12.1% to $4,457,394
Detached - down 36.1% to $3,569,125
Semi-detached - down 6.4% to $3,569,125
*MLS 12-month year-over-year changes ending February 28, 2023; Provided by Jethro Seymour
As of March 8, 2023, there are 11 homes available in the Rosedale area of the Toronto Real Estate Board’s C09 zone, ranging in price from $2,885,000 for a duplex on Glen Road (19 days on the market) to $16,595,000 for a detached home on Castle Frank Road (176 days on the market). This includes the five homes that have been listed for more than 30 days and the other five homes that were listed in the month of January and are not selling at their current prices.
Last month, only three homes were sold in Rosedale - one detached, one semi-detached, and a triplex home. The detached home was a 3-bedroom home sold at $4,435,000 or 99% of its asking price and was only 3 days in the market. The semi-detached home was a 5-Bedroom sold at $4,500,000 or 94% of its asking price and was 17 days in the market. Lastly, the triplex sold home was a 6-bedroom sold at $3,895,000 or 97% of its asking price and was only 9 days in the market
Entry into the Rosedale market now requires buyers to spend at least $6,500,000 for a detached home. Buyers continue to look for homes in midtown while low inventory endures as the main driver of competitive bidding.
Consider 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.
February 2023 Sales
|Detached||No. of Sold||Avg. Price||% of List Price||Days on Market|
Source: TREB MLS Sales Data as of January 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.