Lawrence Park Home Sales Statistics for August 2018

Market update

Lawrence Park Home Sales Statistics for August 2018

Sales Volume Changes*
All homes – down 46.2% to 42
Detached – down 47.4% to 41
Semi-detached – from 0 to 1

Dollar Value Changes*
All homes – down 7.7% to $3,546,352
Detached – down 6.4% to $3,593,946
Semi-detached – from 0 sale to $1,595,000

*MLS 12-month year-over-year changes ending August 31, 2018; Provided by Jethro Seymour 

Get your home’s value

As of September 6th, 2018, there are eight homes available in the Lawrence Park area, ranging in price from $1,699,000 for a detached home on Lawrence  Avenue East (59 days on the market) to $8,895,000 for a detached home on  Blyth Hill Road (129 days on the market).

Last month,  only one detached home sold in Lawrence Park. This doesn’t include the two homes that have been listed for more than 30 days. The home sold was a 5-bedroom, 5-bathroom home on a 50 x 150-foot lot on St. Leonard’s Avenue, with a private drive and garage, and was sold at its listed price a day after it was listed. It sold for $3,750,000.

Entry into the  Lawrence Park market now requires buyers to spend over  $1,900,000 dollars. Buyers continue to look for homes in midtown while low inventory still continues to drive bidding on homes.

Consider me 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 July 2018 here.

August Sales in Lawrence Park

Detached No. of Sold Avg. Price % of List Price Days on Market
5 Bedroom 1 $3,980,000 100 1

Lawrence Park Home Sales Statistics for August 2018

Lawrence Park Home Sales Statistics for August 2018
Source: TREB MLS Sales Data as of September 6, 2018
Statistics Provided by Jethro Seymour, Broker of Record

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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.

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