100 Observatory Lane 313

100 Observatory Lane 313 is a 1-bedroom 1-bathroom condo listed for sale at $319,000, which is $261,800 (45.1%) lower than the average sold price of $580,800 in the last 30 days (March 25 - April 23). During the last 30 days the average sold price for a 1 bedroom condo in Richmond Hill increased by $14,090 (2.5%) compared to the previous 30 day period (February 24 - March 24) and down $34,233 (5.6%) from the same time one year ago.There were 47 1-bedroom condos listed in Richmond Hill over the last 30 days (March 25 - April 23), which is up 30.6% compared with the previous 30 day period (February 24 - March 24) and up 20.5% compared with the same period last year.1-bedroom condos in Richmond Hill typically sold ($5,322) (0.9%) below asking price over the last 30 days (March 25 - April 23), which represents a $2,212 increase compared to the previous 30 day period (February 24 - March 24) and ($9,143) more than the same period last year.Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 1-bedroom condos in Richmond Hill over the last 30 days (March 25 - April 23) stood at 63.8%, down from 66.7% over the previous 30 days (February 24 - March 24) and down from 76.9% one year ago.An average time on the market for a 1-bedroom 1-bathroom condo in Richmond Hill stood at 21 days when successfully sold over the last 30 days (March 25 - April 23), compared to 65 days before being removed from the market upon being suspended or terminated.