2474 Rumney Rd

2474 Rumney Rd is a 2-bedroom 2-bathroom home listed for sale at $429,000, which is $123,142 (22.3%) lower than the average sold price of $552,142 in the last 30 days (March 25 - April 23). During the last 30 days the average sold price for a 2 bedroom home in Midland increased by $42,642 (8.4%) compared to the previous 30 day period (February 24 - March 24) and down $10,358 (1.8%) from the same time one year ago.There were 6 2-bedroom homes listed in Midland over the last 30 days (March 25 - April 23), which is down 33.3% compared with the previous 30 day period (February 24 - March 24) and up 100.0% compared with the same period last year.2-bedroom homes in Midland typically sold ($15,228) (2.8%) below asking price over the last 30 days (March 25 - April 23), which represents a $2,778 decrease compared to the previous 30 day period (February 24 - March 24) and ($6,999) 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 2-bedroom homes in Midland over the last 30 days (March 25 - April 23) stood at 116.7%, up from 44.4% over the previous 30 days (February 24 - March 24) and up from 66.7% one year ago.An average time on the market for a 2-bedroom 2-bathroom home in Midland stood at 42 days when successfully sold over the last 30 days (March 25 - April 23), compared to 111 days before being removed from the market upon being suspended or terminated.