Rosedale - Moore Park, Toronto Houses

2nd Quarter 2018 Real Estate Sales Report


 

Rosedale - Moore Park Toronto 2nd Quarter 
 
  2018        2017   Difference
Sales
 
  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.

 

Showing 13873 properties out of 17899 currently available on the market.

To view additional 4026 properties please login or click here to create a free account.