Half Duplexes, Fourplexes, Triplexes in Central Lonsdale

1ST HALF OF 2026 MARKET UPDATE

Central Lonsdale Overall Market Trends

• These homes continue to perform as a strong alternative to detached properties

• Demand remains steady, largely influenced by:
  - Layout and functionality
  - Number of bedrooms
  - Price point
  - Overall condition

• This property type attracts people prioritizing:
  - Prime location
  - Efficient use of space
  - Value for money related to age
  - Low-maintenance living

Central Lonsdale - June Snapshot

• 5 sales  

• Days on Market were quick, ranging from 4 to 10 days

• Sale metrics
  - Sold within 97.7% and 101.8% of the list price
  - Sold at about 2.5% above tax assessed values

• Additional insights
  - 3 of the 5 homes were relisted at refreshed pricing
  - Property ages ranged from 1977 to 2020
  - Sizes ranged from 1,425 to 2,924 sq ft
  - 3 to 5 bedrooms
  - 3 out of 4 homes featured generous living space per level with traditional, functional layouts

Year-to-Date Performance (2026)

• Total sales: 26 properties
  - 20 half duplexes
  - 3 fourplex units
  - 3 triplex units

• Homes sold within 97.8% and 98.3% of asking price

• 5 properties sold above asking price reflecting strong positioning and timing in the market

• Sale prices varied in relation to assessed values
  - Homes requiring updates typically sold below their tax assessed value
  -Most homes either sold around, above or below their tax values - indicative of balanced conditions

• Price ranges
  - Lowest sale: $1,125,000
  - Highest sale: $2,382,857

Pricing Trends & Median Movement

• Median price progression
  - January $1.55M
  - February $1.125M
  - March $1.83M
  - April $1.546M
  - May $1.725M
  - June $1.807M

• Overall median price change (Jan → Jun) +16.6%

Market Insights

• The market strengthened through the spring months

• March and June stood out as the strongest periods, driven by newer construction and larger floor plans

• February’s dip reflects a one-off lower sale rather than a shift in market conditions

• Well-presented, quality homes in Central Lonsdale continue to sell above $1.7M when priced appropriately

Pricing Concentration

• Well-priced homes continue to see strong absorption, especially when newly listed and aligned with current buyer expectations