1004 Upper Wellington St

1004 Upper Wellington St is a 6-bedroom 3-bathroom home listed for sale at $499,900, which is $585,675 (54.0%) lower than the average sold price of $1,085,575 in the last 30 days (March 25 - April 23). During the last 30 days the average sold price for a 6 bedroom home in Hamilton declined by $473,996 (30.4%) compared to the previous 30 day period (February 24 - March 24) and up $525,609 (93.9%) from the same time one year ago.There were 7 6-bedroom homes listed in Hamilton over the last 30 days (March 25 - April 23), which is down 63.2% compared with the previous 30 day period (February 24 - March 24) and down 12.5% compared with the same period last year.6-bedroom homes in Hamilton typically sold ($38,618) (3.6%) below asking price over the last 30 days (March 25 - April 23), which represents a $15,510 increase compared to the previous 30 day period (February 24 - March 24) and ($23,266) less 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 6-bedroom homes in Hamilton over the last 30 days (March 25 - April 23) stood at 57.1%, up from 36.8% over the previous 30 days (February 24 - March 24) and up from 37.5% one year ago.An average time on the market for a 6-bedroom 3-bathroom home in Hamilton stood at 23 days when successfully sold over the last 30 days (March 25 - April 23), compared to 87 days before being removed from the market upon being suspended or terminated.