Riverdale Houses - 2016 2nd Quarter Report E01

In the second quarter of 2016 only 39 houses (or 16%) in North and South Riverdale, Blake-Jones and Greenwood-Coxwell were sold under asking. A detached house on Coxwell received 91% of the asking price - the lowest. 18 properties sold for full asking price, with the least expensive, a freehold townhouse in south Riverdale, selling for $550,000, and the most expensive, a detached home in North Riverdale, for $1,700,000. 184 houses were sold above asking, between 101% and 147%.

The highest amount of money paid over the listing price was $516,000, paid for a 2-storey, beautifuly renovated, modern and sleek detached home in Leslieville. Another renovated 3-storey semi-detached home in prime Riverdale received $376,000 more than the listing price.

42 attached houses (freehold townhouses) sold at an average price of $863,004. The selling prices ranged from $550,000 for a very narrow 2-storey townhouse in the southermost part of Leslieville, to $1,320,000 for a 2-year old modern and stylish townhouse at Queen and Broadview. Average ratio of sold to list price was 111% (from a low of 94% to a high of 136%).

129 semi-detached homes were sold at an average price of $887,762, ranging from $600,000, paid for a fresh looking semi with parking near Coxwell north of Gerrad, to $1,525,000 for a renovated 3-storey semi with lane parking in prime Riverdale. Average ratio of sold to list price was 116% (from 92% to 146%).

65 detached houses were sold at an average price of $1,121,174, ranging from $600,000 for a small dilapidated house on a fairly small lot, which was sold for lot value, to $1,900,000 for a large contemporary loft residence in south Leslieville. Average ratio of sold to asking price was 112% (between 91% and 147%).

Detached Houses

	Riverdale Toronto		2016			2015		Difference
	House Sales		63			61		+ 3.3%
	Homes Average Price		$1,124,973			$1,043,544		+ 7.8%
	New Listings		85			99		- 14.1%
	Active Listings		44			59		- 11.9%
	% of Sales Price to Listing Price		111.6%			109.6%		+ 2.0%
	Days on Market		8			11		- 3

Semi-detached Houses

	Riverdale Toronto		2016			2015		Difference
	House Sales		124			155		- 20.0%
	Homes Average Price		$891,567			$774,411		+ 15.1%
	New Listings		141			206		- 31.6%
	Active Listings		53			76		- 30.3%
	% of Sales Price to Listing Price		115.8%			109.5%		+ 6.3%
	Days on Market		7			8		- 1

Attached Houses (Freehold Townhouses)

	Riverdale Toronto		2016			2015		Difference
	House Sales		42			37		+ 13.5%
	Homes Average Price		$863,004			$718,310		+ 20.1%
	New Listings		45			45		0.0%
	Active Listings		20			24		- 16.7%
	% of Sales Price to Listing Price		110.6%			111.5%		- 0.9%
	Days on Market		8			10		- 2