131 Silverwood Ave

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131 Silverwood Ave, Richmond Hill
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3
BEDROOMS
2
BATHROOMS
1
KITCHENS
7
ROOMS
N3507960
MLSID
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Property Description
New Construction, 1 Year New. Heathwood Homes Hampshire Mews Urban Townhomes. Portsmouth Model. Great Location! Close To All Amenities, Minutes To Yonge St. Richmond Hill High School Around The Corner As Well As Parks And Minutes Away From Highways 404/407/400. Convenient Access To Both York Region Viva And Go Transit. **Don't Miss Virtual Tour**!
Extras
Stainless Steel Fridge, Stove, Dishwasher, Range Hood, Front Loading Washer/Dryer, Quartz Kitchen Counters, A/C, Garage Door Opener. All Elf's. All Windows Coverings. Upgraded Big Stainless Sink. Status Certificate Is Available.
Property Details
Community
Property Type
Condo Townhouse, Multi-Level
Approximate Sq.Ft.
1200-1399
Taxes
$3,172 (2016)
Basement
Sep Entrance
Exterior
Brick, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned
Garage Type
Built-In
Richmond Hill Market Statistics
Richmond Hill Price Trend
131 Silverwood Ave is a 3-bedroom 2-bathroom townhome listed for sale at $588,000, which is $616,181 (51.2%) lower than the average sold price of $1,204,181 in the last 30 days (February 27 - March 27). During the last 30 days the average sold price for a 3 bedroom townhome in Richmond Hill declined by $116 (0.0%) compared to the previous 30 day period (January 28 - February 26) and up $10,514 (0.9%) from the same time one year ago.
Inventory Change
There were 68 3-bedroom townhomes listed in Richmond Hill over the last 30 days (February 27 - March 27), which is up 17.2% compared with the previous 30 day period (January 28 - February 26) and up 36.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom townhomes in Richmond Hill typically sold $99,187 (8.2%) above asking price over the last 30 days (February 27 - March 27), which represents a $38,795 increase compared to the previous 30 day period (January 28 - February 26) and $131,684 less than the same period last year.
Sales to New Listings Ratio
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 townhomes in Richmond Hill over the last 30 days (February 27 - March 27) stood at 63.2%, up from 60.3% over the previous 30 days (January 28 - February 26) and up from 52.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom townhome in Richmond Hill stood at 15 days when successfully sold over the last 30 days (February 27 - March 27), compared to 47 days before being removed from the market upon being suspended or terminated.
Listing contracted with Aimhome Realty Inc., Brokerage
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