116 Spencer Ave

116 Spencer Ave is a 9-bedroom 35-bathroom home listed for sale at $5,100,000, which is $2,259,540 (79.5%) higher than the average sold price of $2,840,460 in the last 30 days (March 25 - April 23). During the last 30 days the average sold price for a 9 bedroom home in Toronto increased by $240,460 (9.2%) compared to the previous 30 day period (February 24 - March 24) and up $240,460 (9.2%) from the same time one year ago.There were 10 9-bedroom homes listed in Toronto over the last 30 days (March 25 - April 23), which is up 66.7% compared with the previous 30 day period (February 24 - March 24) and up 233.3% compared with the same period last year.9-bedroom homes in Toronto typically sold ($154,540) (5.4%) below asking price over the last 30 days (March 25 - April 23), which represents a $59,540 decrease compared to the previous 30 day period (February 24 - March 24) and ($250,000) 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 9-bedroom homes in Toronto over the last 30 days (March 25 - April 23) stood at 10.0%, down from 16.7% over the previous 30 days (February 24 - March 24) and down from 33.3% one year ago.An average time on the market for a 9-bedroom 35-bathroom home in Toronto stood at 28 days when successfully sold over the last 30 days (March 25 - April 23), compared to 108 days before being removed from the market upon being suspended or terminated.