Rosedale Home Sales Statistics for August 2018

Sales Volume Changes*
All homes - down 27.8% to 57
Detached - down 38.8% to 41
Semi-detached - up 36.4% to 15

Dollar Value Changes*
All homes - up 2.6% to $3,770,925
Detached - up 7.3% to $4,137,848
Semi-detached - up 7.1% to $2,798,400

*MLS 12-month year-over-year changes ending August 31, 2018; Provided by Jethro Seymour

As of September 6th, 2018, there are 8 homes available in the Rosedale (part of C09) area, ranging in price from $1,995,000 for a detached home on Standish Avenue (52 days on the market) to $18,800,000 for a detached home on Park Road (190 days on the market).

Last month,  only one detached home sold in Rosedale. It sold 25 days after it was listed. This doesn't include the six homes that have been listed for more than 30 days or the two homes that were listed in the month of August and are not selling at their current listed prices.

The said home was a detached  5-bedroom, 6-bathroom home on a 60.25 x 128-foot lot on Douglas Drive, with a private drive and garage, and was not sold at or above its listed price. It sold for $3,750,000 (95% of the asking price). 

Entry into the  Rosedale market now requires buyers to spend over $2,300,000 for a semi-detached home and at least $2,100,000  for a detached home. Buyers continue to look for homes in midtown while low inventory still continues to drive bidding on homes.

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 July 2018 here.

Rosedale Sales in August 2018

Source: TREB MLS Sales Data as of  September 6, 2018
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 Rosedale, Bloor-Yorkville, Summerhill, Casa Loma, Moore Park and Midtown Toronto neighbourhoods.