Lawrence Park Home Sales Statistics for November 2021
Homes For Sale
Recently Sold in Lawrence Park
Sales Volume Changes*
All homes - up 47.5% to 90 homes sold
Detached - up 45.9% to 89 homes sold
Semi-detached - no home sale
Dollar Value Changes*
All homes - up 11% to $4,208,218
Detached - up 11.5% to $4,228,086
Semi-detached - no home sale
*MLS 12-month year-over-year changes ending November 30, 2021; Provided by Jethro Seymour
As of December 1, 2021, there are seven homes available in the Lawrence Park area, ranging in price from $2,995,000 for a detached home on Dinnick Crescent (22 days on the market) to $26,900,000 for a detached home on Stratheden Road (77 days on the market).
Last month, three homes sold in Lawrence Park, all were detached homes. The average time to sell a home was eight days. The home on Blyth Hill Road sold one day after it was listed, while the longest remained on the market for 21 days. This doesn't include the four homes that have been listed for more than 30 days and the two homes that were listed in the month of November and have yet to sell for its current list price.
Two of the three homes sold at or above their initial asking prices. The highest selling Lawrence Park transaction of the month featured a detached 4-bedroom, 6-bathroom home on a 50 x 150-foot lot with a private drive and garage on Blyth Hill Road. It sold for $8,500,000 which was 108% of the asking price. This was followed by another detached home on Stratheden Road which sold for $5,950,000 which was 112% of the initial listing price.
Entry into the Lawrence Park market now requires buyers to spend and at least $2,100,000 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 Home Sales Statistics for October 2021 here..
Lawrence Park Sales in
November 2021
| Detached | No. of Sold | Avg. Price | % of List Price | Days on Market |
| 4 Bedroom | 1 | $8,500,000 | 108 | 1 |
| 6 Bedroom | 1 | $5,950,000 | 112 | 2 |
| 8 Bedroom | 1 | $5,150,000 | 94 | 21 |
Source: TREB MLS Sales Data as of December 1, 2021;
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.