Rosedale - Moore Park, Toronto Houses

2nd Quarter 2018 Real Estate Sales Report

The Rosedale - Moore Park Toronto 

 

2019

 

 

2018

 

Difference

Sales

 

121

 

 

110

 

+ 10%

Average Price

 

$3,555,690

 

 

$3,305,530

 

+ 7%

Average Listing Price

 

$3,408,620

 

 

$3,287,905

 

+ 3%

% of Final Sales Price to Listing Price

 

101%

 

 

101%

 

+ 0%

Days on Market

 

17

 

 

25

 

- 32%

# of Detached Houses

 

97

 

 

84

 

 

# of Semi's

 

17

 

 

19

 

 

# of Townhouses

  6     4    

Rosedale Moore Park Toronto real estate housing market saw a large icrease overall for 2019. Sales this year were up by 10% to 121 home sales. Sales prices for 2019 quarter increased by 7% a first in many years, 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 $3,555,690 per transaction up by 7%..
Another statistic showing that the market will remain strong is that we are seeing 101% 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 2020 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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