Lawrence Park Annual Home Sales 2019
Monthly Update
Last month, only one home sold in Lawrence Park. It was a detached 5-bedroom, 4-bathroom home on a 50 x 150-foot lot on St Leonard's Avenue with a private drive and garage. It sold for $3,998,000 (95% of the asking price). All homes currently listed have been on the market for more than 30 days.
As of January 3, 2020, there are 10 homes available in the Moore Park area of the Toronto Real Estate Board’s C09 zone, ranging in price from $2,349,999 (51 days on the market) for a detached home on Blythwood Road to $7,580,000 (37 days on the market) for a detached home on Stibbard Avenue.
View home sales statistics for November 2019 here.
Annual Update
Sales Volume Changes*
All homes - down 4.8% to 40
Detached - down 7.1% to 39
Dollar Value Changes*
All homes - up 5.5% to $3,554,842
Detached - up 7% to $3,605,479
*MLS 12-month year-over-year changes ending December 31, 2019; Provided by Jethro Seymour
2019 brought 40 home sales in Lawrence Park, down from 42 transactions in 2018. The 2019 sales returned an average of 5.5% more in the way of dollar value, with mean transaction values rising from $3,368,86 to $3,554,842.
Entry into the Lawrence Park market now requires buyers to spend over $1,600,000. Buyers continue to look for homes in midtown while low inventory persists as a driver of competitive bidding.
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.
Lawrence Park Annual Home Sales 2019
Detached | No. of Sold | Avg. Price | % of List Price | Days on Market |
3 Bedroom | 4 | $2,441,500 | 98 | 18 |
4 Bedroom | 21 | $3,618,937 | 97 | 18 |
5 Bedroom | 12 | $4,053,333 | 95 | 37 |
Source: TREB MLS Sales Data as of January 3, 2020
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.