Lanark Real Estate Market
Lanark is currently a balanced market with 5.9 months of inventory.
- ActiveCurrent active residential listings.
- 680
- Sold (12 mo)Sold residential listings, trailing 12 months.
- 1,227
- Median PriceMedian sold price, trailing 6 months.
- $565K
- Avg DOMAverage days on market (sold, 6 months).
- 46 days
- SP/LPMean sale-to-list ratio (6 months).
- 96.6%
- MOIMonths of inventory (3-month basis).
- 5.9 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 |
|---|---|---|---|---|---|---|---|---|---|
| Smiths Falls | Lanark | 73 | 155 | $380K | 55 days | 96.6% | 5.2 months | Balanced Market | |
| Lanark Highlands | Lanark | 95 | 103 | $439K | 60 days | 94.4% | 11.3 months | Buyer's Market | |
| Perth | Lanark | 33 | 96 | $502K | 33 days | 97.6% | 3.1 months | Seller's Market | |
| Montague | Lanark | 50 | 62 | $545K | 73 days | 97.6% | 10.0 months | Buyer's Market | |
| Carleton Place | Lanark | 75 | 236 | $570K | 41 days | 97.9% | 3.5 months | Seller's Market | |
| Drummond/North Elmsley | Lanark | 101 | 130 | $580K | 63 days | 92.2% | 7.1 months | Buyer's Market | |
| Tay Valley | Lanark | 99 | 110 | $580K | 32 days | 96.3% | 8.1 months | Buyer's Market | |
| Mississippi Mills | Lanark | 93 | 215 | $655K | 36 days | 98.0% | 5.4 months | Balanced Market | |
| Beckwith | Lanark | 61 | 120 | $775K | 41 days | 97.4% | 4.7 months | Balanced Market | |
| Smith Falls | Lanark | 0 | 0 | N/A | N/A | N/A | N/A | — | — |