Rosedale Home Sales Statistics for January 2023
Sales Volume Changes*
All homes - down 33.3% at 48 homes sold
Detached - down 26.4% to 39 homes sold
Semi-detached - down 46.7% to 8 homes sold
Dollar Value Changes*
All homes - down 11.6% to $4,477,220
Detached - down 15.1% to $4,743,296
Semi-detached - down 6.6% to $3,406,625
*MLS 12-month year-over-year changes ending January 31, 2023; Provided by Jethro Seymour
As of January 31, 2023, there are 10 homes available in the Rosedale area of the Toronto Real Estate Board’s C09 zone, ranging in price from $2,785,000 for a triplex on Whitehall Road (5 days on the market) to $16,595,000 for a detached home on Castle Frank Road (140 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 one home sold in Rosedale. It was a detached 5-bedroom, 5-bathroom home on a 64.04 x 115.08-foot lot with a private drive and detached garage on Chestnut Park Road. It sold for $6,550,000, or 91% of the original listing price. It sold 113 days after it was listed.
Entry into the Rosedale market now requires buyers to spend at least $2,200,000 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.
View Annual Home Sales 2022 here..
January 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.