Lanark Real Estate Market
Lanark is currently a balanced market with 5.5 months of inventory.
- ActiveCurrent active residential listings.
- 583
- Sold (12 mo)Sold residential listings, trailing 12 months.
- 1,208
- Median PriceMedian sold price, trailing 6 months.
- $554K
- Avg DOMAverage days on market (sold, 6 months).
- 47 days
- SP/LPMean sale-to-list ratio (6 months).
- 96.7%
- MOIMonths of inventory (3-month basis).
- 5.5 months
Source: MLS data under license · Aggregated by REintel / Direct Realty Ltd., Brokerage · Trailing 12 months · sold residential · median 12-month basis
Municipalities in Lanark
| City | Region | Active | Sold | Median | Avg DOM | SP/LP | MOI | Regime | Trend |
|---|---|---|---|---|---|---|---|---|---|
| Beckwith | Lanark | 49 | 111 | $775K | 54 days | 97.8% | 5.9 months | Balanced Market | |
| Mississippi Mills | Lanark | 70 | 211 | $654K | 37 days | 97.7% | 4.1 months | Balanced Market | |
| Tay Valley | Lanark | 90 | 112 | $579K | 38 days | 96.1% | 7.7 months | Buyer's Market | |
| Carleton Place | Lanark | 71 | 238 | $564K | 43 days | 97.8% | 3.7 months | Seller's Market | |
| Montague | Lanark | 35 | 60 | $560K | 71 days | 97.9% | 6.6 months | Buyer's Market | |
| Drummond/North Elmsley | Lanark | 82 | 129 | $545K | 50 days | 93.8% | 7.5 months | Buyer's Market | |
| Perth | Lanark | 39 | 92 | $510K | 39 days | 97.4% | 3.9 months | Seller's Market | |
| Lanark Highlands | Lanark | 81 | 100 | $426K | 57 days | 94.6% | 11.1 months | Buyer's Market | |
| Smiths Falls | Lanark | 66 | 155 | $380K | 53 days | 96.2% | 4.1 months | Balanced Market | |
| Smith Falls | Lanark | 0 | 0 | N/A | N/A | N/A | N/A | — | — |