218 Cheltenham Rd

218 Cheltenham Rd is a 2-bedroom 2-bathroom home listed for sale at $530,000, which is $915,295 (63.3%) lower than the average sold price of $1,445,295 in the last 30 days (March 24 - April 22). During the last 30 days the average sold price for a 2 bedroom home in Burlington increased by $332,045 (29.8%) compared to the previous 30 day period (February 23 - March 23) and up $59,377 (4.3%) from the same time one year ago.There were 13 2-bedroom homes listed in Burlington over the last 30 days (March 24 - April 22), which is up 85.7% compared with the previous 30 day period (February 23 - March 23) and down 13.3% compared with the same period last year.2-bedroom homes in Burlington typically sold $40,355 (2.8%) above asking price over the last 30 days (March 24 - April 22), which represents a $68,980 increase compared to the previous 30 day period (February 23 - March 23) and $3,009 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 Burlington over the last 30 days (March 24 - April 22) stood at 38.5%, down from 114.3% over the previous 30 days (February 23 - March 23) and down from 73.3% one year ago.An average time on the market for a 2-bedroom 2-bathroom home in Burlington stood at 10 days when successfully sold over the last 30 days (March 24 - April 22), compared to 20 days before being removed from the market upon being suspended or terminated.