109 Regatta Ave

109 Regatta Ave is a 5-bedroom 6-bathroom home listed for sale at $1,599,900, which is $670,762 (29.5%) lower than the average sold price of $2,270,662 in the last 30 days (March 10 - April 8). During the last 30 days the average sold price for a 5 bedroom home in Richmond Hill declined by $929,263 (29.0%) compared to the previous 30 day period (February 9 - March 9) and down $58,876 (2.5%) from the same time one year ago.There were 29 5-bedroom homes listed in Richmond Hill over the last 30 days (March 10 - April 8), which is up 26.1% compared with the previous 30 day period (February 9 - March 9) and up 93.3% compared with the same period last year.5-bedroom homes in Richmond Hill typically sold $27,938 (1.2%) above asking price over the last 30 days (March 10 - April 8), which represents a $69,076 increase compared to the previous 30 day period (February 9 - March 9) and $65,055 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 5-bedroom homes in Richmond Hill over the last 30 days (March 10 - April 8) stood at 37.9%, up from 17.4% over the previous 30 days (February 9 - March 9) and down from 86.7% one year ago.An average time on the market for a 5-bedroom 6-bathroom home in Richmond Hill stood at 18 days when successfully sold over the last 30 days (March 10 - April 8), compared to 70 days before being removed from the market upon being suspended or terminated.