Rosedale - Moore Park, Toronto Houses

2nd Quarter 2018 Real Estate Sales Report


Rosedale - Moore Park Toronto 2nd Quarter 
  2018        2017   Difference
  43     73   - 41%
Average Sold Price
  $3,268,996        $3,171,935      + 3%
Average Listing Price
  $3,180,951     $3,032,995   + 4%
% of Final Sales Price to Listing Price
  104%     107%   - 3%
Days on Market
  18     13   + 26%

Rosedale Moore Park Toronto real estate housing market saw a large decline in sales but for the first time in months we saw the sold price in the 2nd quarter of 2018 rise. Sales this quarter down by 41% to 43 home sales. Sales prices for the 2nd quarter increased by 3% a first in many months, partly due to a lack of inventory in the Rosedale - Moore Park area, pushing the average sales price up. The average price comes in at a strong $3,268,996 per transaction.


Another statistic showing that the market will remain strong is that we are seeing 104% of the final sales price to the listing price. Also, the houses are selling within three weeks a very strong stat. 

I will be very curious to see what the 3rd quarter of 2018 brings. I have a feeling that this new pricing upswing will continue. The area that will keep the prices up is the lack of new inventory coming into the market. This is a bit strange as prices being up you would assume that those debating on selling their home would understand that this time is a great time to do so. 

I believe it is critical for the buyers and sellers use an agent that truly understands the Rosedale - Moore Park real estate market because a mistake could cost a great deal.

If you have any questions, feel free to contact me and I'll get back to you as soon as possible.


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