Rosedale Property Sales Overview
The median property value in Rosedale for December is $356,115.
Houses have increased by 1.06% for the month and decreased 0% for the year.
Rental demand is up with yields increasing in February to 5.11%, from 5.01% in January.
The number of properties sold this quarter is down on last quarter from 11 to 1. This is down on the 5 year quarterly average of 13 indicating weaker demand.
What's the median House price in Rosedale in December 2021?
The median property value for houses in Rosedale is $356,115.
This is an increase of 1.06% ($352,389) from last month.
How much does it cost to rent a House in Rosedale?
Rent prices in Rosedale are the highest they've been in 12 months at $415.
This is up 14.01% from a 12 month low of $364 in December 2020 and a 1.72% up from last month.
What's the current rental yield in Rosedale?
Rental yields for houses in Rosedale is 5.11%.
This is up from a 12 month low of 4.96% in September 2021 and down from a 12 month high of 5.26% in June 2021.
How many properties sold in Rosedale in February?
Total sales volume in Rosedale is 1, which is down from 11 in the previous quarter.
This is 1.00% stronger than the weakest quarter in the last 5 years which was Q3 2018 with 0 sales and -85.71% weaker than the strongest quarter in the past 5 years which saw 7 sales in Q2 2021.
How long did it take to sell a property in Rosedale in February?
26 days is the average time on market in Rosedale in December, which is down from 27 in November and has been trending down since December 2020.
This can indicate a buyers market where sellers are finding it harder to make a sale.
Are properties selling below or above the listing price in Rosedale?
December sees the vendor expectation error for Rosedale at -0.2% which means, on average, places sold for -0.2% less than the listing price.
This is a great sign for buyers looking to negotiate.
It’s worth noting that in a hot market you might want to set your price expectations even higher than the -0.2% as things can move pretty quickly.