Lawrence Park Home Sales Statistics
for December 2017
Typical of the December marketplace, only one home changed hands in Lawrence Park in December, a 66.7% drop from last December. The detached home had a value of $5,033,800 compared to an average of $4,853,000 last year for three detached homes. With such a small number of home selling, statistically, it is better to refer to the year-date home sales below for a more accurate representation of values.
The average value of 2017’s 68 homes rose 21.5% to $3,941,445 compared to the 89 homes that sold from January to December in 2016 for $3,204,223. The 69 detached homes saw a 21.5% gain in average value over the 88 that traded in 2016.
The highest valued home in 2017 sold on Blyth Hill Road for $7,150,000. It was a very special 5 bedroom, 8 bathroom home, and took 78 days to sell. The least expensive home resided on Blythwood Road and went for $1,630,000. It took almost a month to sell this past July 2017.
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December Sales in Lawrence Park
|Detached||No. of Sold||Avg. Price||% of List Price||Days on Market|
Source: TREB MLS Sales Data as of Jan. 3, 2018
Statistics Provided by Jethro Seymour, Broker & MCNE
Jethro Seymour, one of the Top Davisville Village Real Estate Brokers at Royal LePage RES Ltd., Johnston & Daniel Division .
Jethro is a midtown Toronto residential specialist with over 20 years of sales experience in real estate, marketing, construction and publishing. He has helped many families find homes in Toronto’s great neighbourhoods, and has extensive knowledge of local markets, new home construction, resale home sales, and the condo market. Living in midtown Toronto, Jethro previews many of the homes that come to market for his clients and inventory knowledge. Jethro specializes in Lawrence Park, Sherwood Park, Midtown Toronto neighbourhoods.