Lanark Real Estate Market
Lanark is currently a balanced market with 5.7 months of inventory.
- ActiveCurrent active residential listings.
- 666
- 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).
- 5.7 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 | 58 | 123 | $775K | 41 days | 97.4% | 4.2 months | Balanced Market | |
| Mississippi Mills | Lanark | 92 | 213 | $656K | 37 days | 97.9% | 5.6 months | Balanced Market | |
| Drummond/North Elmsley | Lanark | 98 | 129 | $585K | 63 days | 92.0% | 7.4 months | Buyer's Market | |
| Tay Valley | Lanark | 98 | 107 | $580K | 32 days | 96.3% | 7.5 months | Buyer's Market | |
| Carleton Place | Lanark | 69 | 239 | $570K | 41 days | 97.9% | 3.0 months | Seller's Market | |
| Montague | Lanark | 50 | 63 | $540K | 73 days | 97.6% | 10.0 months | Buyer's Market | |
| Perth | Lanark | 36 | 95 | $495K | 33 days | 97.7% | 3.5 months | Seller's Market | |
| Lanark Highlands | Lanark | 93 | 104 | $437K | 61 days | 94.4% | 10.7 months | Buyer's Market | |
| Smiths Falls | Lanark | 72 | 154 | $380K | 55 days | 96.6% | 5.3 months | Balanced Market | |
| Smith Falls | Lanark | 0 | 0 | N/A | N/A | N/A | N/A | — | — |