Lawrence Park Home Sales Statistics for November 2022
Sales Volume Changes*
All homes - down 44.4% to 50 homes sold
Detached - down 47.2% to 47 homes sold
Semi-detached - up 100% to 2 homes sold
Dollar Value Changes*
All homes - up 7.3% to $4,514,760
Detached - up 8.7% to $4,598,043
Semi-detached - up 100% to $3,765,000
*MLS 12-month year-over-year changes ending November 30, 2022; Provided by Jethro Seymour
As of November 30, 2022, there are 15 homes available in the Lawrence Park area, ranging in price from $2,829,000 for a detached home on Blythwood Road (47 days on the market) to $25,000,000 for a detached home on Stratheden Road (106 days on the market).
Last month, three homes sold in Lawrence Park, all were detached homes. The average time to sell a home was 23 days. The home on Fidelia Avenue sold seven days after it was listed, while the longest remained on the market for 36 days. This doesn’t include the 11 homes that have been listed for more than 30 days or the four homes that were listed in the month of November and are not selling at their current prices.
Only one of the three homes sold at or above their initial asking prices. Last month’s most valuable home sale was a detached 4-bedroom, 5-bathroom home on a 90 x 144-foot lot with a private drive and built-in garage on Blyth Dale Road. It sold for $5,990,000, or 87% of the original listing price. This was followed by a detached home on Weybourne Crescent which sold for $3,374,000 which was 94% of the initial listing price.
Entry into the Lawrence Park market now requires buyers to spend and at least $1,700,000 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.
Lawrence Park Sales in
|Detached||No. of Sold||Avg. Price||% of List Price||Days on Market|
Source: TREB MLS Sales Data as of November 30, 2022;
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.