1580 Reeves Gate 31

1580 Reeves Gate 31 is a 3-bedroom 4-bathroom townhome listed for sale at $569,900, which is $527,382 (48.1%) lower than the average sold price of $1,097,282 in the last 30 days (March 10 - April 8). During the last 30 days the average sold price for a 3 bedroom townhome in Oakville declined by $7,815 (0.7%) compared to the previous 30 day period (February 9 - March 9) and down $5,285 (0.5%) from the same time one year ago.There were 81 3-bedroom townhomes listed in Oakville over the last 30 days (March 10 - April 8), which is up 24.6% compared with the previous 30 day period (February 9 - March 9) and up 35.0% compared with the same period last year.3-bedroom townhomes in Oakville typically sold $47,213 (4.3%) above asking price over the last 30 days (March 10 - April 8), which represents a $40,157 increase compared to the previous 30 day period (February 9 - March 9) and $36,015 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 townhomes in Oakville over the last 30 days (March 10 - April 8) stood at 56.8%, down from 63.1% over the previous 30 days (February 9 - March 9) and down from 78.3% one year ago.An average time on the market for a 3-bedroom 4-bathroom townhome in Oakville stood at 12 days when successfully sold over the last 30 days (March 10 - April 8), compared to 20 days before being removed from the market upon being suspended or terminated.