Lawrence Park Home Sales Statistics for January 2020
Sales Volume Changes*
All homes - up 10.8% to 41 homes sold
Detached - up 8.1% to 40 homes sold
Semi-detached - no change, no home sale
Dollar Value Changes*
All homes - up 5.4% to $3,523,016
Detached - up 6.9% to $3,571,592
Semi-detached - no change, no home sale
*MLS 12-month year-over-year changes ending January 31, 2020; Provided by Jethro Seymour
As of February 3, 2020, there are 17 homes available in the Lawrence Park area, ranging in price from $1,925,000 for a detached home on Lawrence Avenue East (14 days on the market) to $10,500,000 for a detached home on Daneswood Road (18 days on the market). This includes the five homes that have been listed for more than 30 days and 12 homes that were listed in the month of January and are not selling at their current listed prices. Last month, there was no home sale in Lawrence Park.
Entry into the Lawrence Park market now requires buyers to spend and at least $1,600,000 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 Annual Home Sales 2019 here.
Source: TREB MLS Sales Data as of February 3, 2020
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.