Rosedale Home Sales Statistics for July 2022
Sales Volume Changes*
All homes - down 22% at 64 homes sold
Detached - down 16.4% to 51 homes sold
Semi-detached - down 23.5% to 13 homes sold
Dollar Value Changes*
All homes - up 15.9% to $5,179,522
Detached - up 10.5% to $5,499,792
Semi-detached - up 36.4% to $3,923,077
*MLS 12-month year-over-year changes ending July 31, 2022; Provided by Jethro Seymour
As of August 2, 2022, there are nine homes available in the Rosedale area of the Toronto Real Estate Board’s C09 zone, ranging in price from $2,795,000 for a detached home on Glen Road (7 days on the market) to $8,000,000 for a detached home on Chestnut Park Road (82 days on the market).
Last month, two homes sold in Rosedale,both were detached homes. The average time to sell a home was 31 days. The home on Maclennan Avenue sold 27 days after it was listed, while the longest remained on the market for 35 days. This doesn’t include the seven homes that have been listed for more than 30 days or the two homes that were listed in the month of July and are not selling at their current prices.
None of the two homes sold at or above their initial asking prices. Last month’s most valuable home sale was a detached 4-bedroom, 4-bathroom home on a 40 x 100-foot lot with a private drive and detached garage on Maclennan Avenue. It sold for $3,800,000, or 90% of the original listing price. The other home was a detached home on Glen Road which sold for $3,700,000 which was 98% of the initial listing price.
Entry into the Rosedale market now requires buyers to spend at least $3,100,000 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.
July 2022 Sales
|Detached||No. of Sold||Avg. Price||% of List Price||Days on Market|
Source: TREB MLS Sales Data as of August 2, 2022;
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.