Lawrence Park Home Sales Statistics for October 2021
Homes For Sale
Recently Sold in Lawrence Park
Sales Volume Changes*
All homes - up 55.7% to 95 homes sold
Detached - up 54.1% to 94 homes sold
Semi-detached - no home sale
Dollar Value Changes*
All homes - up 6.9% to $4,126,161
Detached - up 7.4% to $4,144,099
Semi-detached - no home sale
*MLS 12-month year-over-year changes ending October 31, 2021; Provided by Jethro Seymour
As of November 1, 2021, there are eight homes available in the Lawrence Park area, ranging in price from $2,289,000 for a detached home on Strathgowan Crescent (33 days on the market) to $26,900,000 for a detached home on Stratheden Road (47 days on the market).
Last month, 10 homes sold in Lawrence Park, all were detached homes. The average time to sell a home was 20 days. The home on St. Leonard's Avenue sold on the day it was listed, while the longest remained on the market for 44 days. This doesn't include the four homes that have been listed for more than 30 days and the three homes that were listed in the month of October and have yet to sell for its current list price.
Three of the 10 homes sold at or above their initial asking prices. The highest selling Lawrence Park transaction of the month featured a detached 5-bedroom, 8-bathroom home on a 66 x 114-foot lot with a private drive and garage on Stratford Crescent. It sold for $7,150,000 which was 96% of the asking price. This was followed by another detached home on Dawlish Avenue which sold for $6,502,000 which was 108% of the initial listing price.
Entry into the Lawrence Park market now requires buyers to spend and at least $2,100,000 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 Home Sales Statistics for September 2021 here..
Lawrence Park Sales in
October 2021
| Detached | No. of Sold | Avg. Price | % of List Price | Days on Market |
| 3 Bedroom | 4 | $2,436,250 | 93 | 29 |
| 4 Bedroom | 4 | $4,304,250 | 104 | 15 |
| 5 Bedroom | 2 | $5,500,000 | 105 | 7 |
Source: TREB MLS Sales Data as of November 1, 2021;
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.