Rosedale Home Sales Statistics for May 2024
Sales Volume Changes*
All homes - up 7.7% at 42 homes sold
Detached - down 15.2% to 28 homes sold
Semi-detached - up 150% to 10 homes sold
Dollar Value Changes*
All homes - up 1.6% to $4,676,286
Detached - up 12.6% to $5,462,214
Semi-detached - down 10.2% to $3,171,750
*MLS 12-month year-over-year changes ending in May 31, 2024; Provided by Jethro Seymour
As of June, there are 25 homes available in the Rosedale area of the Toronto Real Estate Board’s C09 zone, with prices ranging from $4,495,000 for a detached property on Standish Ave (listed for 985 days) to $22,500,000 for a detached home on Chestnut Park Rd (listed for 72 days). These include 7 homes listed for more than 30 days and 18 homes listed in May that are not selling at their current price.
Last month, six homes sold in Rosedale. The highest-selling home was a detached 5-bedroom, 6-bathroom property on St Andrews Gdns on a 40 x 138.16-foot lot and sold for $5,625,000, which is 95% of its asking price after 100 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.
May 2024 Sales
in Rosedale
Detached | No. of Sold | Avg. Price | % of List Price | Days on Market |
4 Bedroom | 2 | $3,620,500 | 103% | 1 |
5 Bedroom | 3 | $5,120,333 | 96% | 22 |
6 Bedroom | 1 | $3,325,000 | 101% | 2 |
Source: TREB MLS Sales Data as of May 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.