Rosedale Home Sales Statistics for September 2019
Sales Volume Changes*
All homes - down 7.3% to 51
Detached - down 7.5% to 37
Semi-detached - down 14.3% to 12
Dollar Value Changes*
All homes - up 5% to $4,059,173
Detached - up 7.5% to $4,540,346
Semi-detached - down 3.7% to $2,770,833
*MLS 12-month year-over-year changes ending September 30, 2019; Provided by Jethro Seymour
As of October 3, 2019, there are 18 homes available in the Rosedale area of the Toronto Real Estate Board’s C09 zone, ranging in price from $2,450,000 for a detached home on Nanton Avenue (30 days on the market) to $21,500,000 for a detached home on Roxborough Drive (164 days on the market).
Last month, five homes sold in Rosedale, all were detached homes. The average time to sell a home was 32 days. One home on Rowanwood Avenue sold two days after it was listed, while the longest lasted 75 days. This doesn't include the 10 homes that have been listed for more than 30 days or the eight homes that were listed in the month of September and are not selling at their current listed prices.
Two of the September home sales sold at or above their listed price. Last month’s most valuable home sale was a detached 5-bedroom, 5-bathroom home on a 51.38 x 122.9-foot lot with a private drive and carport on Rowanwood Avenue. It sold for $6,525,000, or 115% of the original listing price. It was followed by a home on Crescent Road which sold for $6,400,000 or 97% of the asking price.
Entry into the Rosedale market now requires buyers to spend $2,200,000 for a semi-detached home and at least $2,600,000 for a detached home. Buyers continue to look for homes in midtown while low inventory endures as the main driver of competitive bidding.
Consider me 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 home sales statistics for August 2019 here.
September 2019 Sales in Rosedale
|Detached||No. of Sold||Avg. Price||% of List Price||Days on Market|
Source: TREB MLS Sales Data as of October 3, 2019
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.