1950 Kennedy Rd #506

1950 Kennedy Rd #506 is a 3-bedroom 1-bathroom condo listed for sale at $345,000, which is $585,220 (62.9%) lower than the average sold price of $930,220 in the last 30 days (March 10 - April 8). During the last 30 days the average sold price for a 3 bedroom condo in Scarborough declined by $745 (0.1%) compared to the previous 30 day period (February 9 - March 9) and up $61,449 (7.1%) from the same time one year ago.There were 215 3-bedroom condos listed in Scarborough over the last 30 days (March 10 - April 8), which is up 3.9% compared with the previous 30 day period (February 9 - March 9) and up 26.5% compared with the same period last year.3-bedroom condos in Scarborough typically sold ($4,785) (0.5%) below asking price over the last 30 days (March 10 - April 8), which represents a $24,130 increase compared to the previous 30 day period (February 9 - March 9) and ($10,538) 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 condos in Scarborough over the last 30 days (March 10 - April 8) stood at 51.6%, up from 44.4% over the previous 30 days (February 9 - March 9) and down from 57.6% one year ago.An average time on the market for a 3-bedroom 1-bathroom condo in Scarborough stood at 25 days when successfully sold over the last 30 days (March 10 - April 8), compared to 59 days before being removed from the market upon being suspended or terminated.