The Condo Bar Real Estate

Lorne Park Market Report

Q2 2026 · 38 sold · average sold $2.2M

Source: TRREB/PropTx MLS® data · Updated quarterly · Last updated September 15, 2026 · Next update ~October 4, 2026

The Lorne Park real estate market for Q2 2026 — closed sales, prices, and trends from TRREB/PropTx MLS® data, with current inventory as of September 2026. Updated quarterly.

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Lorne Park, Mississauga — current market data

Based on properties for sale & sold — rentals not included. Figures are a monthly rollup covering September 2026, refreshed with each MLS® sync — shown as of September 24, 2026.

Property Type

Bedrooms

Lorne Park, Mississauga currently has 76 active detached homes for sale with a median list price of $2.5M, averaging 58 days on market. With 7.9 months of inventory on 2 recent sales, this is currently a buyer's market. Recent sales closed at an average of 95% of asking price (most recent sale: August).

Buyer's market

7.9 months of inventory

Active Listings

76

Number of homes currently for sale in this area.

Median List Price

$2.5M

The middle asking price among active listings -- half are listed higher, half lower.

Median $ / Sqft

$832

Median list price divided by square footage, for comparing across different unit sizes.

Avg. Days on Market

58

Average number of days active listings have been on the market.

Lorne Park, Mississauga market statistics, current as of September 24, 2026
MetricCurrent
Active listings76
Median asking price$2.5M
Average days on market58
Months of inventory7.9 mo
Recent sales5
Sale-to-list ratio95%
YoY median sold-price change—

Price trend

Median asking price against median sold price, by month.

Median List Price
Median Sold Price
$1.4M$2.0M$2.6M$3.2M$3.8MSep '25Oct '25Nov '25Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26$2.5M$1.8M

What actually sold

Closed sales — the figures above describe homes still on the market.

Median Sold Price (as of Aug '26)

$1.8M

The middle sold price among closed sales this period -- half sold for more, half for less.

Sold $ / Sqft (as of Aug '26)

$706

Median sold price divided by square footage, for comparing across different unit sizes.

Months of Inventory

7.9 mo

How long it would take to sell all current listings at the recent sales pace. Lower favors sellers, higher favors buyers.

Sales-to-New Ratio

7%

Homes sold this period as a share of new listings -- a higher ratio signals stronger demand.

Sale-to-List Ratio (as of Aug '26)

95%

Average sold price as a percentage of asking price. Above 100% means homes are selling over asking.

Based on a small number of sales (5) — figures may not reflect the broader market.

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5 sold in the last 24 months · median $1.8M · 95% of asking (based on a small number of sales — 5)

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Q2 2026 sales

38 homes sold in Lorne Park across Q2 2026 at an average sold price of $2.2M ($790/sqft). Homes sold at an average of 96% of asking and took an average of about 34 days to sell.

Q22026Detached homes35 · 97%Condo townhouses1 · 3%
Q2 2026 closed sales by property type in Lorne Park.

Property type × bedrooms (Q2 2026)

Property type1-bed2-bed3-bed4+ bed
Detached homes——$1,750,000*$2,400,000*
Semi-detached——1 sold—
Freehold townhouses——1 sold—

*Based on a small number of sales — figures may not reflect the broader market.

Current inventorySeptember 2026 · compiled September 15, 2026

As of September 2026 (compiled September 15, 2026), there are 81 home listings for sale in Lorne Park with a median asking price of $2.4M ($814/sqft), averaging around 58 days on market.

By property type

Property typeActive nowMedian listSold (Q2)Avg sold
Detached homes75$2,599,00035$2,259,589
Condo townhouses6$1,071,5001—

For Sellers

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Market velocity

With 7.8 months of inventory, Lorne Park's real estate market is currently a buyer's market. Buyers have the upper hand and more selection, while sellers need sharp pricing and standout presentation to compete.

What this means for buyers and sellers

For buyers

With 7.8 months of inventory, buyers have the upper hand right now — more selection, and more room to negotiate on price, closing date, or conditions. Homes are selling for about 96% of asking on average, which leaves room to negotiate off the list price on most listings. Recent sales took a median of about 34 days to close, so that's roughly how long a realistically priced unit tends to stay available once it hits the market.

For sellers

With 7.8 months of inventory, you're competing against real selection — sharp pricing and strong presentation are what separate a quick sale from a stale listing.

Sales figures cover closed transactions across Q2 2026; inventory is a live snapshot as of September 2026. Quarterly figures are count-weighted averages. Compiled from TRREB/PropTx MLS® data for homes in Lorne Park. Deemed reliable but not guaranteed.

About the Lorne Park, Mississauga market

Mississauga is the GTA West’s largest and most varied housing market, with deep transit and highway links and proximity to Pearson. Lorne Park is one of Mississauga’s active real estate submarkets, with enough sales volume each month to support a dedicated, data-grounded report rather than being folded into the city-wide figures.

The figures below track Lorne Park specifically, across every property type — use the filter above to narrow to a segment.

Methodology

Figures on this page are compiled from TRREB/PropTx MLS® data via the site’s IDX (active listings) and VOW (closed sales) data feeds for Lorne Park, Mississauga, refreshed on every data sync.

  • Median is the middle value in a sorted list of prices — half of transactions are above it, half below. It is used instead of an average because a single very high or very low sale can’t skew it.
  • $/sqft is the sold or asking price divided by the unit’s square footage, as reported on the listing.
  • Days on Market (DOM) is the number of days between a listing going live and it selling (or, for active listings, the number of days it has been live so far).
  • Sale-to-List Ratio is the sold price as a percentage of the final asking price. Above 100% means the home sold over asking.
  • Months of Inventory is how long the current active listings would take to sell through at the recent sales pace.
  • Sample-size policy: sold-price figures are only published once at least 3 sold sales support them, to avoid identifying any single transaction. A figure based on fewer than 10 sales is labeled as a small sample.

Frequently asked questions

What did homes sell for in Lorne Park in Q2 2026?

Across Q2 2026, homes in Lorne Park sold at an average price of $2,160,727 (about $790/sqft), an average of 96% of asking. The breakdown above shows how this varies by property type.

How many homes sold in Lorne Park across Q2 2026?

38 homes closed in Lorne Park across Q2 2026. The chart above breaks the total down by property type.

Is Lorne Park a buyer’s or seller’s market for homes?

With 7.8 months of inventory as of September 2026, the Lorne Park real estate market is currently a buyer's market. Under three months favours sellers; three to six is balanced; above six favours buyers.

How many homes are for sale in Lorne Park right now?

There are currently 81 active home listings in Lorne Park as of September 2026, at a median asking price of $2,397,500. This refreshes with every MLS® sync.

How often is this report updated, and where does the data come from?

It is refreshed quarterly for the previous complete quarter, from TRREB/PropTx MLS® data; inventory figures update live with each MLS® sync. Deemed reliable but not guaranteed. Quarterly figures are count-weighted averages, used because this market closes too few monthly sales for a reliable monthly median.

Miko Nalepa

Miko Nalepa

Realtor® at The Condo Bar Real Estate

With 15+ years in the GTA West market, Miko Nalepa is a Realtor® with Right At Home Realty, Brokerage, specializing in condos, townhouses, and detached homes across Mississauga, Oakville, Burlington, and Milton. The focus stays deliberately narrow -- four cities, not a Toronto-wide practice -- because that's what it takes to know individual buildings and blocks, not just neighbourhood names.

Miko Nalepa is also the creator of The Condo Bar, the data platform behind this site, tracking building-level sales history and live market reports across 450+ GTA West condo buildings so every recommendation starts with what comparable units actually closed for, not asking price.

Market statistics are aggregate estimates compiled from TRREB (Toronto Regional Real Estate Board) MLS® data via the PropTx IDX/VOW feed. Deemed reliable but not guaranteed accurate, provided for general informational purposes only, and not a substitute for a professional appraisal, inspection, or investment advice. No liability is assumed for any errors or omissions.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.