16 Phenix Dr

16 Phenix Dr is a 2-bedroom 1-bathroom home listed for sale at $470,900, which is $620,892 (56.9%) lower than the average sold price of $1,091,792 in the last 30 days (March 23 - April 21). During the last 30 days the average sold price for a 2 bedroom home in Scarborough declined by $79,766 (6.8%) compared to the previous 30 day period (February 22 - March 22) and down $56,995 (5.0%) from the same time one year ago.There were 175 2-bedroom homes listed in Scarborough over the last 30 days (March 23 - April 21), which is up 4.2% compared with the previous 30 day period (February 22 - March 22) and up 14.4% compared with the same period last year.2-bedroom homes in Scarborough typically sold $71,446 (6.5%) above asking price over the last 30 days (March 23 - April 21), which represents a $5,267 decrease compared to the previous 30 day period (February 22 - March 22) and $70,579 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 2-bedroom homes in Scarborough over the last 30 days (March 23 - April 21) stood at 71.4%, up from 58.9% over the previous 30 days (February 22 - March 22) and up from 70.6% one year ago.An average time on the market for a 2-bedroom 1-bathroom home in Scarborough stood at 13 days when successfully sold over the last 30 days (March 23 - April 21), compared to 43 days before being removed from the market upon being suspended or terminated.