Rosedale Home Sales Statistics for June 2021
Sales Volume Changes*
All homes - up 148.6% at 87 homes sold
Detached - up 106.5% to 64 homes sold
Semi-detached - up 850% to 19 home sold
Dollar Value Changes*
All homes - up 2.5% to $4,442,019
Detached - up 9.5% to $4,937,947
Semi-detached - up 3.8% to $2,970,108
*MLS 12-month year-over-year changes ending June 30, 2021; Provided by Jethro Seymour
As of July 2, 2021, there are 16 homes available in the Rosedale area of the Toronto Real Estate Board’s C09 zone, ranging in price from $2,649,000 for an attached home on Ancroft Place (9 days on the market) to $16,300,000 for a detached home on Chestnut Park Road (9 days on the market).
Last month, 10 homes sold in Rosedale including seven detached, three semi-detached, and one attached home. The average time to sell a home was nine days. The home on Whitehall Road sold on the day it was listed while longest remained on the market for 24 days. This doesn't include the seven homes that have been listed for more than 30 days or the ten homes that were listed in the month of June and have yet to sell for its current list price.
Five out of the 10 homes sold at or above their listed price. Last month’s most valuable home sale was a detached 5-bedroom, 4-bathroom home on a 45 x 122-foot lot with a private drive and garage on Rowanwood Avenue. It sold for $7,000,000, or 119% of the original listing price. This was followed by a semi-detached home on Chestnut Park Road which sold for $4,750,000 which was 95% of the initial listing price.
Entry into the Rosedale market now requires buyers to spend at least $2,500,000 for a detached home and at least $2,300,000 for a semi-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.
June 2021 Sales
|Detached||No. of Sold||Avg. Price||% of List Price||Days on Market|
|Semi-detached||No. of Sold||Avg. Price||% of List Price||Days on Market|
|Attached||No. of Sold||Avg. Price||% of List Price||Days on Market|
Source: TREB MLS Sales Data as of July 2, 2021
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.