Rosedale, Toronto Condos
1st Quarter 2019 Real Estate Sales Report
|Rosedale, Toronto Condo 1st Quarter transactions
|Average Sold Price
|Average Listing Price
|% of Final Sales Price to Listing Price
|Days on Market
Rosedale's condo real estate market saw a decline in sales, they dropped by 25% in the 1st quarter of 2019. There were 20 sales this quarter. Sales prices for the 1st quarter increased by a huge 51%, partly due to a lack of inventory in the Rosedale neighbourhood. The average price per condo comes in at a strong $1,201,685 per suite.
Another statistic showing that the market will remain strong is that we are seeing 102% of the final sales price to the listing price. Also, condos are selling within 3 weeks.
I will be very curious to see what the 2nd quarter of 2019 brings. We have a few new (pre-construction) condo buildings initiating their VIP sales, but I don't see this affecting the resale market as the pre-construction attracts different buyer. If you are debating on seling this is the best time to put your condo on the market due to to historically low inventory.
*** Please Note -These prices do not truly portray the fact that many of these super luxury condo units are from $1300 to over $1,500 per sq. ft.. ***
If you have any questions, feel free to contact me and I'll get back to you as soon as possible.
Showing 21365 properties out of 26700 currently available on the market.