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Lawrence Park Sales Statistics for November 2018

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Lawrence Park Sales Statistics for November 2018

Jethro Seymour

My sales career started in 1994 with publishing and media sales...

My sales career started in 1994 with publishing and media sales...

Dec 12 3 minutes read

Sales Volume Changes*
All homes - down 40.3% to 43
Detached - down 39.4% to 43
Semi-detached - down 100.0% to 0 

Dollar Value Changes*
All homes - down 13.0% to $3,407,584
Detached - down 13.7% to $3,407,584
Semi-detached - down 100.0% to 0

*MLS 12-month year-over-year changes ending November 30, 2018; Provided by Jethro Seymour 

Lawrence Park Home sales report and statistics for November 2018  from Jethro Seymour, Top Midtown Toronto Realtor

As of December 7th, 2018, there are 11 homes available in the Lawrence Park area, ranging in price from $1,650,000 for a duplex home on Lawrence Avenue East (66 days on the market) to $5,999,000 for a detached home on St. Leonard's Avenue (31 days on the market).

Last month, four properties changed hands in Lawrence Park. All four featured detached homes. The average time to sell a home was 27 days; one home on Glengowan Road sold 16 days after it was listed, while the longest lasted 40 days on the market. This doesn't include the four homes that had been listed for more than 30 days or the six homes that were listed in the month of November and are not selling at their current listed prices.

Entry into the Lawrence Park market now requires buyers to spend over $1,600,000. Buyers continue to look for homes in midtown while low inventory persists as a driver of competitive bidding.

Consider me 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 2018 here.

November Sales in Lawrence Park

Detached
No. of Sold
Avg. Price
% of List Price
Days on Market
4 Bedroom
2
$3,085,000
98
28
5 Bedroom
2
$3,125,000
97
26

Lawrence Park Home sales report and statistics for November 2018  from Jethro Seymour, Top Midtown Toronto Realtor

Lawrence Park Home sales report and statistics for November 2018  from Jethro Seymour, Top Midtown Toronto Realtor

Source: TREB MLS Sales Data as of December 7, 2018
Statistics Provided by Jethro Seymour, Broker of Record


Lawrence Park Home sales report and statistics for November 2018  from Jethro Seymour, Top Midtown Toronto Realtor

Lawrence Park Home sales report and statistics for November 2018  from Jethro Seymour, Top Midtown Toronto Realtor

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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