Rosedale Home Sales Statistics for July 2024
Sales Volume Changes*
All homes - up 32.4% at 45 homes sold
Detached - up 10.7% to 31 homes sold
Semi-detached - up 266.7% to 11 homes sold
Dollar Value Changes*
All homes - down 5.2% to $4,827,367
Detached - down 0.3% to $5,524,742
Semi-detached - down 2.3% to $3,327,500
*MLS 12-month year-over-year changes ending in July 31, 2024; Provided by Jethro Seymour
As of August, there are 19 homes available in the Rosedale area of the Toronto Real Estate Board’s C09 zone, with prices ranging from $2,395,000 for a detached property on Standish Ave (listed for 114 days) to $22,500,000 for a detached home on Thornwood Rd (listed for 86 days). These include three homes listed for more than 30 days and 16 homes listed in July that are not selling at their current price.
Last month, two homes sold in Rosedale. The highest-selling home was a detached 5-bedroom, 8-bathroom property on Glen Rd on a 40 x 203-foot lot and sold for $8,600,000, which is 92% of its asking price after 54 days on the market.
Entry into the Rosedale market now requires buyers to spend at least $2,100,000 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 2024 Sales
in Rosedale
Detached | No. of Sold | Avg. Price | % of List Price | Days on Market |
5 Bedroom | 1 | $8,600,000 | 102% | 2 |
Semi-Detached | ||||
3 Bedroom | 1 | $3,525,000 | 86% | 32 |
Source: TREB MLS Sales Data as of July 31, 2024;
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.