Riverdale Toronto Real Estate E01

House Sales - 2015 1st Quarter Report

Including: North Riverdale, South Riverdale, Blake-Jones and Greenwood-Coxwell

Detached Houses

Riverdale has some grand detached houses, many attractively renovated Riverdale Toronto   2015     2014   Difference
House Sales   36     33   + 9.1%
Homes Average Price   $828,634     $815,225   + 1.6%
New Listings   61     62   - 1.6%
Active Listings   44     53   - 17%
% of Sales Price to Listing Price   108.1%     106.2%   + 1.9%
Days on Market   10     16   - 25%

 

  Sales Average Price New Listings Days on Market % Sold Price / List Price
North Riverdale 6 $1,157,273 9 6 114.1%
South Riverdale 8 $766,838 16 21 104.6%
Blake-Jones 5 $838,000 7 7 107.4%
Greenwood-Coxwell 17 $738,971 29 8 107.0%

Semi-detached Houses

Semi-detached Riverdale homes vary in style and size, from small 2 bedroom to grand 5 or even 6 bedroom mansions Riverdale Toronto   2015     2014   Difference
House Sales   76     82   - 9.1%
Homes Average Price   $810,777     $667,676   + 21.4%
New Listings   119     99   + 20.2%
Active Listings   49     51   - 3.9%
% of Sales Price to Listing Price   111.3%     109.0%   + 2.3%
Days on Market   8     10   - 20%

 

  Sales Average Price New Listings Days on Market % Sold Price / List Price
North Riverdale 23 $1,051,652 29 6 112.5%
South Riverdale 30 $752,447 53 7 112.7%
Blake-Jones 5 $760,300 10 14 102.3%
Greenwood-Coxwell 18 $614,229 27 11 109.1%

Attached Houses (Freehold Townhouses)

Attached homes are also called townhouses or row houses. They are also common in Riverdale, mostly among Victorian homes in south part of the neighbourhood Riverdale Toronto   2015     2014   Difference
House Sales   17     19   - 1.0%
Homes Average Price   $695,412     $568,477   + 22.3%
New Listings   26     24   + 8.3%
Active Listings   15     14   + 7.1%
% of Sales Price to Listing Price   107.7%     109.4%   - 1.7%
Days on Market   10     11   - 9%

 

  Sales Average Price New Listings Days on Market % Sold Price / List Price
North Riverdale 0 $0 0 0 0.0%
South Riverdale 11 $696,455 15 11 109.0%
Blake-Jones 3 $663,667 7 11 101.2%
Greenwood-Coxwell 3 $723,333 4 5 109.4%

Riverdale continues to be a very popular location among house buyers. Winter was long and hard, and in the first quarter of 2015 we had fewer freehold sales than in the first quarter of 2014. Sales of detached homes increased by about 9%, while a decline in sales happened in semi-detached homes and row houses.

Average prices of detached and semi-detached houses remained at about the same level they were last year. The largest difference occurred in the average prices of row houses - they increased by 22.3%.

The busiest street with most listings sold was Logan (6), followed by Myrtle and Rhodes (5 each), and 4 each on Bain, Carlaw, Curzon, Hiawatha, Leslie, Riverdale and Victor.

On average all freehold home categories in all four communities were selling above listing price, some considerably so. Houses were being priced very competitively, bidding wars and bully offers were a fact of life.

It is interesting to see that prices in Leslieville, despite farther distance from the subway line, were just as strong as in prime Riverdale close to Danforth Avenue. Leslieville does have a lot to offer, Queen Street East in the area is a tremendous place to shop or relax in trendy cafes. The area has a number of hard lofts, and an increasing number of mid-rise recently constructed 'soft loft' buildings.

Please visit North Riverdale first half of 2015 report.

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416-481-6137

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Marisha Robinsky, REALTOR
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