12266 Ridge Line

12266 Ridge Line is a 3-bedroom 1-bathroom home listed for sale at $1,100,000, which is $633,975 (136.0%) higher than the average sold price of $466,025 in the last 30 days (March 26 - April 24). During the last 30 days the average sold price for a 3 bedroom home in Chatham-Kent declined by $154,935 (25.0%) compared to the previous 30 day period (February 25 - March 25) and up $166,025 (55.3%) from the same time one year ago.There were 7 3-bedroom homes listed in Chatham-Kent over the last 30 days (March 26 - April 24), which is up 40.0% compared with the previous 30 day period (February 25 - March 25) and down 12.5% compared with the same period last year.3-bedroom homes in Chatham-Kent typically sold ($13,041) (2.8%) below asking price over the last 30 days (March 26 - April 24), which represents a $15,539 increase compared to the previous 30 day period (February 25 - March 25) and ($14,900) 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 Chatham-Kent over the last 30 days (March 26 - April 24) stood at 171.4%, up from 100.0% over the previous 30 days (February 25 - March 25) and up from 12.5% one year ago.An average time on the market for a 3-bedroom 1-bathroom home in Chatham-Kent stood at 24 days when successfully sold over the last 30 days (March 26 - April 24), compared to 68 days before being removed from the market upon being suspended or terminated.