2 Chao Cres

2 Chao Cres is a 3-bedroom 4-bathroom townhome listed for sale at $868,000, which is $314,012 (26.6%) lower than the average sold price of $1,182,012 in the last 30 days (March 10 - April 8). During the last 30 days the average sold price for a 3 bedroom townhome in Richmond Hill declined by $26,748 (2.2%) compared to the previous 30 day period (February 9 - March 9) and down $8,821 (0.7%) from the same time one year ago.There were 75 3-bedroom townhomes listed in Richmond Hill over the last 30 days (March 10 - April 8), which is up 19.0% compared with the previous 30 day period (February 9 - March 9) and up 19.0% compared with the same period last year.3-bedroom townhomes in Richmond Hill typically sold $121,038 (10.2%) above asking price over the last 30 days (March 10 - April 8), which represents a $38,510 increase compared to the previous 30 day period (February 9 - March 9) and $142,198 less 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 Richmond Hill over the last 30 days (March 10 - April 8) stood at 61.3%, up from 60.3% over the previous 30 days (February 9 - March 9) and up from 54.0% one year ago.An average time on the market for a 3-bedroom 4-bathroom townhome in Richmond Hill stood at 13 days when successfully sold over the last 30 days (March 10 - April 8), compared to 25 days before being removed from the market upon being suspended or terminated.