1088 Progress Ave

1088 Progress Ave is a 1-bedroom 1-bathroom townhome listed for sale at $268,000, which is $425,150 (61.3%) lower than the average sold price of $693,150 in the last 30 days (March 20 - April 18). During the last 30 days the average sold price for a 1 bedroom townhome in Scarborough increased by $114,484 (19.8%) compared to the previous 30 day period (February 19 - March 19) and up $127,850 (22.6%) from the same time one year ago.There were 23 1-bedroom townhomes listed in Scarborough over the last 30 days (March 20 - April 18), which is up 4.5% compared with the previous 30 day period (February 19 - March 19) and down 0.0% compared with the same period last year.1-bedroom townhomes in Scarborough typically sold $27,280 (3.9%) above asking price over the last 30 days (March 20 - April 18), which represents a $3,080 increase compared to the previous 30 day period (February 19 - March 19) and $25,175 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 townhomes in Scarborough over the last 30 days (March 20 - April 18) stood at 43.5%, up from 40.9% over the previous 30 days (February 19 - March 19) and down from 47.8% one year ago.An average time on the market for a 1-bedroom 1-bathroom townhome in Scarborough stood at 17 days when successfully sold over the last 30 days (March 20 - April 18), compared to 47 days before being removed from the market upon being suspended or terminated.