Lawrence Park Home Sales Statistics for February 2026 by Jethro Seymour Top Midtown Toronto Agent
Lawrence Park in February 2026:
The Market Returns to Form
By Jethro Seymour | The Seymour Team After a January with zero sales, February brought Lawrence Park back in line with its usual seasonal rhythm — 3 detached homes changed hands, all 4-bedroom properties, mirroring the same volume seen in February 2025. It's a meaningful signal that buyer activity is returning as spring approaches. With only 3 transactions closing this month, the monthly average is still sensitive to the specific homes that traded, and the numbers reflect that. The 12-month rolling average across 37 sales tells the more complete story of where this market actually stands. Missed the January recap? Read the January 2026 Lawrence Park Market Report here. Sale Price*
YoY Change*
on Market
- Homes sold: 3 (all detached)
- Active listings as of March 1: 22
- Listings sitting 30+ days: 9
- Listings in month not selling: 13
- Homes sold at or above asking: 0 of 3 (0%)
- Average sold price as % of list: 91%
Read the Month in Context
February's average sale price came in at $4,286,667 — down 14.1% year-over-year. With only 3 sales closing this month, the monthly average reflects the specific homes that traded rather than a broad market move. The 12-month rolling average across 37 transactions gives a far more accurate read on where Lawrence Park values actually sit.*The 14.1% YoY decline in February's monthly average is largely a sample size and mix effect — only 3 sales with no ultra-luxury transactions closing this month. The 12-month rolling average of $4,443,450 across 37 sales is the more reliable benchmark — and notably, rolling dollar values remain positive at +2.5%, easing from +12.6% last month but still firmly in positive territory. That's the broader trend that matters: Lawrence Park values are holding, not retreating.
Patient Buyers, Longer Timelines
Days on market rose year-over-year — up 223.1% for detached homes — reflecting the elevated negotiating posture buyers are bringing to every transaction in this price range:- Average DOM (detached): 42 days (up 223.1% YoY)
- February 2025 average DOM: 13 days
The Highest Sale — A Familiar Story
February's top transaction illustrates exactly what the market is rewarding — and what it's punishing.- Property type: Detached
- Design: Richard Wengle-designed, Sherwood Park Enclave
- Lot size: 50 x 150 ft
- Bedrooms / bathrooms: 4 bed / 5 bath
- Square footage: ~6,700 sq ft
- Days on market: 79 days (listed since November 2025)
- Final sale price: $5,950,000
- Sold for: 89% of re-list price of $6,680,000
Lawrence Park buyers at this price point are sophisticated. They know the comparables, they're patient, and they won't overpay. The homes that sell are the ones priced where the market actually is — not where the seller hopes it will be.
Jethro Seymour | The Seymour TeamWhat's Available Right Now
With 22 homes currently listed in Lawrence Park, here's a snapshot of the price range buyers are working with heading into spring. Entry Point: $2,299,000 The lowest-priced active listing is a detached home at 33 Glengowan Rd — 3 bedrooms on a 50 x 135 ft lot, re-listed after an original ask of $2,495,000. For buyers seeking entry into Lawrence Park, this represents a meaningful value adjustment from where the seller started. Top of Market: $9,980,000 The highest-priced active listing is a detached home at 33 Stratheden Rd — 5 bedrooms on a 69 x 133 ft lot, currently at 156 days on market and re-listed from an original ask of $10,800,000. Significant price discovery has already taken place. For a well-qualified buyer at the top end, that 156-day timeline tells its own story about where this home needs to land to close. Entry into Lawrence Park now requires buyers to budget at least $3.9M for detached — a threshold that has remained relatively stable even as negotiating dynamics have shifted meaningfully in buyers' favour.Advice for Buyers & Sellers
For Buyers Lawrence Park is offering genuine selection, motivated sellers, and real negotiating room — conditions that rarely exist in this neighbourhood. The average buyer in February secured a 9% discount from list price. With 22 active listings and days on market extending, you have leverage. Get pre-approved, know your comparables, and be ready to act when the right home comes along — because well-priced product still moves. For Sellers February's data is direct: no homes sold at or above asking, the average closed at 91% of list, and 9 listings are stalled past 30 days. The market is not declining — it's recalibrating. The 12-month rolling average of $4,443,450 across 37 sales confirms that Lawrence Park values are holding. But buyers will not overpay, and an overpriced launch is now a liability, not a negotiating tactic. Accurate pricing from day one is the entire strategy heading into spring.Key Takeaways — February 2026
- 3 detached homes sold — all 4-bedroom properties
- 0 of 3 homes (0%) sold at or above asking price
- Average sold at 91% of list price — a 9% average discount from asking
- February average sale price: $4,286,667 — down 14.1% YoY (sample size effect — only 3 sales)
- 12-month rolling average: $4,443,450 across 37 sales — the reliable benchmark
- Average DOM: 42 days (up 223.1% YoY from 13 days in February 2025)
- 9 of 22 active listings stalled 30+ days — overpricing is the common denominator
- 13 new listings sitting without buyers — selectivity has increased significantly
- Entry price for detached: ~$3.9M minimum to access the market
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February 2026 Sales
in Lawrence Park
| Detached | No. of Sold | Avg. Price | % of List Price | Days on Market |
|---|---|---|---|---|
| 4 Bedroom | 3 | $4,286,667 | 91% | 42 |
12-Month Average Price
| Month | Home Sales | Ave. Price |
|---|---|---|
| March 2025 | 39 | $4,234,141 |
| April 2025 | 39 | $4,393,628 |
| May 2025 | 40 | $4,440,338 |
| June 2025 | 40 | $4,103,713 |
| July 2025 | 42 | $4,092,940 |
| August 2025 | 43 | $4,054,267 |
| September 2025 | 43 | $4,365,756 |
| October 2025 | 36 | $4,463,092 |
| November 2025 | 37 | $4,490,675 |
| December 2025 | 37 | $4,500,477 |
| January 2026 | 37 | $4,795,135 |
| February 2026 | 37 | $4,443,450 |
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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