Lanark Real Estate Market
Lanark is currently a balanced market with 5.3 months of inventory.
- ActiveCurrent active residential listings.
- 665
- Sold (12 mo)Sold residential listings, trailing 12 months.
- 1,257
- Median PriceMedian sold price, trailing 6 months.
- $560K
- Avg DOMAverage days on market (sold, 6 months).
- 53 days
- SP/LPMean sale-to-list ratio (6 months).
- 96.7%
- MOIMonths of inventory (3-month basis).
- 5.3 months
Source: MLS data under license · Aggregated by REintel / Direct Realty Ltd., Brokerage · Trailing 12 months · sold residential · medians 6-month basis
Municipalities in Lanark
| City | Region | Active | Sold | Median | Avg DOM | SP/LP | MOI | Regime | Trend |
|---|---|---|---|---|---|---|---|---|---|
| Beckwith | Lanark | 60 | 128 | $825K | 46 days | 97.2% | 6.2 months | Buyer's Market | |
| Mississippi Mills | Lanark | 80 | 219 | $680K | 50 days | 98.3% | 3.7 months | Seller's Market | |
| Tay Valley | Lanark | 88 | 98 | $619K | 47 days | 96.1% | 9.1 months | Buyer's Market | |
| Drummond/North Elmsley | Lanark | 85 | 122 | $589K | 78 days | 91.9% | 6.7 months | Buyer's Market | |
| Montague | Lanark | 48 | 66 | $577K | 77 days | 97.5% | 7.7 months | Buyer's Market | |
| Carleton Place | Lanark | 115 | 241 | $557K | 39 days | 98.3% | 4.4 months | Balanced Market | |
| Perth | Lanark | 37 | 100 | $525K | 40 days | 97.2% | 3.3 months | Seller's Market | |
| Lanark Highlands | Lanark | 74 | 109 | $476K | 60 days | 94.6% | 6.6 months | Buyer's Market | |
| Smiths Falls | Lanark | 78 | 173 | $380K | 59 days | 96.8% | 4.8 months | Balanced Market | |
| Smith Falls | Lanark | 0 | 1 | N/A | N/A | N/A | N/A | — | — |