Lawrence Park Home Sales Statistics for January 2022
Homes For Sale
Recently Sold in Lawrence Park
Sales Volume Changes*
All homes - up 125.6% to 88 homes sold
Detached - up 123.1% to 87 homes sold
Semi-detached - no home sale
Dollar Value Changes*
All homes - up 16.6% to $4,320,405
Detached - up 17.1% to $4,342,019
Semi-detached - no home sale
*MLS 12-month year-over-year changes ending January 31, 2022; Provided by Jethro Seymour
As of February 1, 2022, there are eight homes available in the Lawrence Park area, ranging in price from $1,995,000 for a detached home on Brynhurst Court (6 days on the market) to $26,900,000 for a detached home on Stratheden Road (139 days on the market).
Last month, two homes sold in Lawrence Park, both were detached homes. The average time to sell a home was eight days. The home on Mildenhall Road sold three days after it was listed, while the other home remained on the market for 13 days. This doesn't include the single home that has been listed for more than 30 days and the seven homes that were listed in the month of January and have yet to sell for its current list price.
None of the two homes sold at or above their initial asking prices. The highest selling Lawrence Park transaction of the month featured a detached 5-bedroom, 6-bathroom home on a 71 x 135-foot lot with a circular drive and attached garage on Mildenhall Road. It sold for $5,350,000 which was 99% of the asking price. The other detached home on Dinnick Crescent sold for $2,750,000 which was 95% of the initial listing price.
Entry into the Lawrence Park market now requires buyers to spend and at least $2,800,000 for a detached home. Buyers continue to look for homes in midtown while low inventory endures as the main 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 Annual Home Sales 2021 here..
Lawrence Park Sales in
January 2022
| Detached | No. of Sold | Avg. Price | % of List Price | Days on Market |
| 4 Bedroom | 1 | $2,750,000 | 95 | 13 |
| 5 Bedroom | 1 | $5,350,000 | 99 | 3 |
Source: TREB MLS Sales Data as of February 1, 2022;
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.