Lawrence Park Home Sales Statistics for December 2023
Sales Volume Changes*
All homes - down 12.2%% to 43 homes sold
Detached - down 10.9% to 41 homes sold
Semi-detached - no change to 0 homes sold
Dollar Value Changes*
All homes - up 2.2% to $4,533,663
Detached - up 3.9% to $4,694,574
Semi-detached - no change to 0
*MLS 12-month year-over-year changes ending December 30, 2023; Provided by Jethro Seymour
As of January 5, 2024, there are eight homes available in the Lawrence Park area, ranging in price from $2,999,999 for a detached home on Blythwood Road (24 days on the market) to $10,995,000 for a detached home on Daawlish Avenue (53days on the market).
This includes the two homes that have been listed for more than 30 days and the two homes that was listed in the month of December and has yet to sell for their current list price.
Last month, a total of two homes were sold in Lawrence Park, all were detached properties. The highest-selling home of the month featured a detached 4-bedroom, 7-bathroom home on a 50 x 160-foot lot with a private double driveway and 1 Built-in garage at Dawlish Avenue. It sold for $4,800,000 which was 93% of the asking price.
Entry into the Lawrence Park market now requires buyers to spend at least $2,480,000 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 November Home Sales 2023 here.
November 2023 Sales
in Lawrence Park
Detached | No. of Sold | Avg. Price | % of List Price | Days on Market |
4 Bedroom | 2 | $3,862,500 | 96% | 41 |
Source: TREB MLS Sales Data as of January 5, 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.