Lanark Real Estate Market
Lanark is currently a balanced market with 4.8 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.
- $566K
- Avg DOMAverage days on market (sold, 6 months).
- 48 days
- SP/LPMean sale-to-list ratio (6 months).
- 96.9%
- MOIMonths of inventory (3-month basis).
- 4.8 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 | 60 | 128 | $767K | 41 days | 97.4% | 3.4 months | Seller's Market | |
| Mississippi Mills | Lanark | 80 | 219 | $660K | 42 days | 98.3% | 3.1 months | Seller's Market | |
| Drummond/North Elmsley | Lanark | 85 | 122 | $595K | 74 days | 91.9% | 6.2 months | Buyer's Market | |
| Tay Valley | Lanark | 88 | 98 | $580K | 40 days | 96.4% | 7.5 months | Buyer's Market | |
| Carleton Place | Lanark | 115 | 241 | $566K | 40 days | 98.3% | 3.2 months | Seller's Market | |
| Perth | Lanark | 37 | 100 | $513K | 32 days | 97.7% | 4.2 months | Balanced Market | |
| Montague | Lanark | 48 | 66 | $513K | 70 days | 97.4% | 7.9 months | Buyer's Market | |
| Lanark Highlands | Lanark | 74 | 109 | $440K | 57 days | 95.0% | 6.6 months | Buyer's Market | |
| Smiths Falls | Lanark | 78 | 173 | $405K | 56 days | 97.2% | 5.5 months | Balanced Market | |
| Smith Falls | Lanark | 0 | 1 | N/A | N/A | N/A | N/A | — | — |