1171 Ridge Rd

1171 Ridge Rd is a 3-bedroom 2-bathroom home listed for sale at $499,000, which is $394,500 (44.2%) lower than the average sold price of $893,500 in the last 30 days (March 20 - April 18). During the last 30 days the average sold price for a 3 bedroom home in Oro-Medonte declined by $224,100 (20.1%) compared to the previous 30 day period (February 19 - March 19) and down $323,833 (26.6%) from the same time one year ago.There were 29 3-bedroom homes listed in Oro-Medonte over the last 30 days (March 20 - April 18), which is down 14.7% compared with the previous 30 day period (February 19 - March 19) and up 16.0% compared with the same period last year.3-bedroom homes in Oro-Medonte typically sold ($11,464) (1.3%) below asking price over the last 30 days (March 20 - April 18), which represents a $23,155 increase compared to the previous 30 day period (February 19 - March 19) and ($51,129) 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 3-bedroom homes in Oro-Medonte over the last 30 days (March 20 - April 18) stood at 58.6%, down from 58.8% over the previous 30 days (February 19 - March 19) and up from 36.0% one year ago.An average time on the market for a 3-bedroom 2-bathroom home in Oro-Medonte stood at 27 days when successfully sold over the last 30 days (March 20 - April 18), compared to 40 days before being removed from the market upon being suspended or terminated.