Lonsdale's real estate market is experiencing a price correction, with values down 27.4% from last year. Home prices have increased 18.3% in the past month alone. With 2.0 months of supply, Lonsdale's inventory levels remain relatively tight. Properties are selling within just 22 days on average, much faster than the historical norm of 49 days. Approximately 33.3% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Lonsdale market with the affordability index at 384.9. Market projections suggest continued price appreciation in the coming months as demand outpaces supply.