Lawrence Park Home Sales Statistics for August 2024
Homes For Sale
Recently Sold in Lawrence Park
Sales Volume Changes*
All homes - down 20.9% to 34 homes sold
Detached - down 12.8% to 34 homes sold
Semi-detached - 0 homes sold
Dollar Value Changes*
All homes - up 4.6% to $4,653,618
Detached - down 0.9% to $4,653,618
Semi-detached - 0 homes sold
*MLS 12-month year-over-year changes ending August 31, 2024 Provided by Jethro Seymour
As of August, there are 17 homes available in the Lawrence Park area, ranging in price from $2,199,000 for a 4-bedroom, 3-bathroom detached home on Mt Pleasant Rd (81 days on the market) to $10,957,000 for a 5-bedroom, 9-bathroom detached home on Stratheden Rd (51 days on the market).
These include the 13 homes that have been listed for more than 30 days and 4 homes that were listed in the month of August and have yet to sell for their current list price.
Last month, one home sold in Lawrence Park. The lone sale was a 5-bedroom, 6-bathroom home on a 50 x 150-foot lot on Rochester Ave. It sold for $6,510,000 which was 96% of the asking price with nine days on the market.
Entry into the Lawrence Park market now requires buyers to spend at least $2,400,000 for a detached home. Buyers continue to seek homes in midtown, while low inventory remains the primary driver of competitive bidding.
Consider us your Lawrence Park neighbourhood real estate expert and resource. When it is time to move, I am here to help with insightful strategies, expert negotiation skills, and results-focused marketing plans.
View July 2024 Home Sales here.
August 2024 Sales
in Lawrence Park
| Detached | No. of Sold | Avg. Price | % of List Price | Days on Market |
| 5 Bedroom | 1 | $6,510,000 | 96% | 9 |
Source: TREB MLS Sales Data as of August 31, 2024;
Statistics Provided by Jethro Seymour, Broker of Record
Jethro Seymour is one of the Top Lawrence Park Real Estate Brokers and 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.