$3,500,000
Region
Lanark Real Estate
771Active
3,002Sold
345Leased
29Buildings
9Municipalities
Lanark Market
Updated Aug 22, 2026
Condos
Median sale price
$335K
Median PSF (est.)▲ 1.6%
$364/sqft
Price trend
Sold last 90 days
13
Active listings
21
Months of inventory
4.2
Avg days on market
50
Sale-to-list ratio
97.05%
Absorption rate
23.8%
Market Insights
Investor mix — estimated proxy (90d)
Investor-proxy share: 0.00% · End-user: 100.00% (from 13 sales, 0 leases)
Price reductions (90d)
Price-reduction rate: 7.69%
Avg reduction: $5,000 (1.39%)
Monthly reduction trend
2024-09: 12.5% (8 listings) · avg $19,900
2024-11: 0.0% (5 listings)
2024-12: 66.7% (3 listings) · avg $10,500
2025-04: 28.6% (7 listings) · avg $10,500
2025-05: 25.0% (4 listings) · avg $6,000
2025-06: 25.0% (8 listings) · avg $18,500
2025-07: 46.1% (13 listings) · avg $33,183
2025-08: 14.3% (7 listings) · avg $20,000
2025-09: 80.0% (5 listings) · avg $25,500
2025-10: 40.0% (5 listings) · avg $20,200
2025-11: 33.3% (3 listings) · avg $36,640,100
2026-01: 0.0% (3 listings)
2026-02: 20.0% (5 listings) · avg $10,000
2026-03: 25.0% (4 listings) · avg $4,900
2026-04: 20.0% (5 listings) · avg $40,000
2026-06: 0.0% (6 listings)
2026-08: 0.0% (4 listings)
Re-entries (past 12 months)
Re-entries: 3 of 109 sold · rate 2.75%
Avg price change: +$5,333 (+1.82%)
Supply vs demand by unit type (90d)
Sample: 21 active listings · 13 sold (90d)
studio: 1 active / 0 sold · mismatch +4.76%
1br: 9 active / 1 sold · mismatch +35.17%
2br: 9 active / 12 sold · mismatch -49.45%
3br: 2 active / 0 sold · mismatch +9.52%
Concession pattern by unit type (90d)
1br (22 sales) — 95.45% closed with concessions, avg 5.43% below ask
2br (78 sales) — 82.05% closed with concessions, avg 3.40% below ask
3br (9 sales) — 66.67% closed with concessions, avg 5.01% below ask
Seasonality (annual pattern)
Historically strongest months: Aug, Nov, Jun
Historically weakest months: Sep, Jul, Mar
Annual averages: DOM 55.9d · sale-to-list 97.05% (n=109)
Monthly detail
Jan · 5 sales · DOM 53.4d · STL 102.66%
Feb · 5 sales · DOM 50.6d · STL 96.08%
Mar · 6 sales · DOM 94.8d · STL 96.21%
Apr · 12 sales · DOM 69.3d · STL 97.78%
May · 6 sales · DOM 37.0d · STL 96.76%
Jun · 14 sales · DOM 34.2d · STL 96.92%
Jul · 15 sales · DOM 78.4d · STL 97.93%
Aug · 13 sales · DOM 31.4d · STL 97.81%
Sep · 13 sales · DOM 74.7d · STL 94.70%
Oct · 7 sales · DOM 62.0d · STL 96.99%
Nov · 8 sales · DOM 32.3d · STL 96.40%
Dec · 5 sales · DOM 45.8d · STL 95.06%
Homes
Median sale price
$595K
Median PSF (est.)▼ 4.0%
$420/sqft
Price trend
Sold last 90 days
367
Active listings
473
Months of inventory
3.4
Avg days on market
37
Sale-to-list ratio
97.27%
Absorption rate
29.4%
Market Insights
Investor mix — estimated proxy (90d)
Investor-proxy share: 5.41% · End-user: 94.59% (from 367 sales, 21 leases)
Price reductions (90d)
Price-reduction rate: 22.89%
Avg reduction: $1,065,742 (6.48%)
Monthly reduction trend
2024-08: 30.9% (55 listings) · avg $48,582
2024-09: 26.4% (72 listings) · avg $44,674
2024-10: 21.8% (133 listings) · avg $36,712
2024-11: 25.3% (87 listings) · avg $55,740
2024-12: 30.6% (85 listings) · avg $34,908
2025-01: 29.4% (51 listings) · avg $45,167
2025-02: 30.6% (49 listings) · avg $49,347
2025-03: 26.4% (53 listings) · avg $39,822
2025-04: 22.8% (57 listings) · avg $74,369
2025-05: 14.6% (89 listings) · avg $38,462
2025-06: 21.6% (111 listings) · avg $21,754
2025-07: 22.5% (151 listings) · avg $28,391
2025-08: 20.3% (138 listings) · avg $31,475
2025-09: 32.4% (108 listings) · avg $26,439,251
2025-10: 24.1% (108 listings) · avg $37,000
2025-11: 27.9% (68 listings) · avg $30,663
2025-12: 29.2% (65 listings) · avg $50,184
2026-01: 27.1% (48 listings) · avg $55,053
2026-02: 25.0% (24 listings) · avg $65,033
2026-03: 23.4% (47 listings) · avg $38,136
2026-04: 31.5% (54 listings) · avg $25,571
2026-05: 18.8% (69 listings) · avg $55,562
2026-06: 21.6% (125 listings) · avg $3,237,067
2026-07: 21.7% (143 listings) · avg $37,152
2026-08: 26.8% (82 listings) · avg $36,805
Re-entries (past 12 months)
Re-entries: 29 of 2,072 sold · rate 1.40%
Avg price change: +$63,705 (+28.08%)
Seasonality (annual pattern)
Historically strongest months: Aug, Jul, Jun
Historically weakest months: Mar, Apr, Feb
Annual averages: DOM 43.4d · sale-to-list 97.27% (n=2,072)
Monthly detail
Jan · 99 sales · DOM 51.5d · STL 96.53%
Feb · 73 sales · DOM 65.1d · STL 96.09%
Mar · 100 sales · DOM 56.8d · STL 96.96%
Apr · 111 sales · DOM 60.7d · STL 98.20%
May · 158 sales · DOM 49.6d · STL 96.95%
Jun · 236 sales · DOM 38.5d · STL 97.66%
Jul · 294 sales · DOM 36.1d · STL 97.91%
Aug · 275 sales · DOM 35.5d · STL 97.60%
Sep · 180 sales · DOM 40.6d · STL 96.81%
Oct · 241 sales · DOM 40.1d · STL 97.39%
Nov · 155 sales · DOM 41.8d · STL 96.92%
Dec · 150 sales · DOM 46.5d · STL 96.45%
Municipalities in Lanark
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About Lanark Real Estate
Browse all real estate listings in the Lanark area. 771 active listings available with detailed analytics, price trends, and neighbourhood comparisons to make informed real estate decisions.
Lanark has seen 3,347 completed transactions recently, with 3,002 sold and 345 leased properties providing rich comparable data for accurate valuations.
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