Rosedale Home Sales Statistics for January 2022
Sales Volume Changes*
All homes - up 22% at 72 homes sold
Detached - up 12.8% to 53 homes sold
Semi-detached - up 25% to 15 home sold
Dollar Value Changes*
All homes - up 8.9% to $5,064,790
Detached - up 9.1% to $5,584,036
Semi-detached - up 29.4% to $3,647,733
*MLS 12-month year-over-year changes ending January 31, 2022; Provided by Jethro Seymour
As of February 1, 2022, there are six homes available in the Rosedale area of the Toronto Real Estate Board’s C09 zone, ranging in price from $3,295,000 for a semi-detached home on Nanton Avenue (21 days on the market) to $7,395,000 for a detached home on Rowanwood Avenue (5 days on the market).
Last month, two homes sold in Rosedale, both were detached homes . The average time to sell a home was four days. The home on Astley Avenue sold one day after it was listed while the other remained on the market for six days. This doesn't include the five homes that were listed in the month of January and have yet to sell for its current list price.
Only one of the two homes sold above its listed price. Last month’s most valuable home sale was a detached 5-bedroom, 4-bathroom home on a 40 x 91.5-foot lot with a mutual drive and detached garage on Roxborough Drive. It sold for $3,647,888, or 111% of the original listing price. The other detached home on Astley Avenue sold for $3,450,000 which was 99% of the initial listing price.
Entry into the Rosedale market now requires buyers to spend at least $3,700,000 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 2021 here..
January 2022 Sales
|Detached||No. of Sold||Avg. Price||% of List Price||Days on Market|
Source: TREB MLS Sales Data as of February 1, 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.