Rosedale - Moore Park, Toronto Houses

 Real Estate Sales Report 2021 January 1st - May 31st

The Rosedale - Moore Park Toronto 

 

2021

 

 

2020

 

Difference

Sales

 

16

 

 

4

 

+ 300%

Average Price

 

$2,657,658

 

 

$2,276,000

 

+ 18%

Average Listing Price

 

$2,674,952

 

 

$2,486,750

 

+ 8%

% of Final Sales Price to Listing Price

 

97%

 

 

102%

 

+ 4%

Days on Market

 

15

 

 

67

 

- 78%

# of Detached Houses

 

16

 

 

2

 

 

# of Semi's

 

0

 

 

2

 

 

# of Townhouses

  0     0    

Rosedale Moore Park Toronto real estate housing market saw an increase overall from January 1 - May 31. Sales were up by 300% to 16 home sales. with 64 sales. 2020 vs 2021. 1st five months 2020 vs. 2021 prices increased by 18% to $2,657,658.All the sales in 2021 were detached homes this also helped boost the average price.
Another statistic showing that the market will likely remain strong is that we saw 97% of the final sales price to the listing price. Homes also generally sold within three weeks, a very strong stat. 
I will be very curious to see what the remainder of 2021 brings in regards to sales and prices. I expect to see sales stronger and prices remaning good. I have a feeling that prices will increase due to a lack of inventory. A continued lack of supply and new inventory of resale homes and condos coming to market may continue. If so, this will result in placing upward pressure on property prices. There will be Sellers who's view is that these price increases make this a good time to sell their property, especially if downsizing or exiting the market with the nest egg their home has provided and choosing to rent .  

It is important for buyers and sellers use a real estate agent who truly understands the Rosedale - Moore Park real estate market.

Do you have questions about the Rosedale Real Estate market ?

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Chantal Rosenthal
Sales Representative
Sotheby's International Realty , Canada
Direct : 416-804-2262
Not intended to solicit Buyers or Sellers currently under contract with other realtorsS

 

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