12 Palk Lane

12 Palk Lane is a 4-bedroom 3-bathroom townhome listed for sale at $569,900, which is $568,524 (49.9%) lower than the average sold price of $1,138,424 in the last 30 days (March 25 - April 23). During the last 30 days the average sold price for a 4 bedroom townhome in Scarborough declined by $134,871 (10.6%) compared to the previous 30 day period (February 24 - March 24) and down $121,631 (9.7%) from the same time one year ago.There were 50 4-bedroom townhomes listed in Scarborough over the last 30 days (March 25 - April 23), which is up 28.2% compared with the previous 30 day period (February 24 - March 24) and up 16.3% compared with the same period last year.4-bedroom townhomes in Scarborough typically sold $80,047 (7.0%) above asking price over the last 30 days (March 25 - April 23), which represents a $98,363 increase compared to the previous 30 day period (February 24 - March 24) and $73,938 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 4-bedroom townhomes in Scarborough over the last 30 days (March 25 - April 23) stood at 52.0%, up from 35.9% over the previous 30 days (February 24 - March 24) and down from 79.1% one year ago.An average time on the market for a 4-bedroom 3-bathroom townhome in Scarborough stood at 20 days when successfully sold over the last 30 days (March 25 - April 23), compared to 78 days before being removed from the market upon being suspended or terminated.