288 Penn Ave

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288 Penn Ave, Newmarket
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3
BEDROOMS
2
BATHROOMS
1
KITCHENS
6 + 2
ROOMS
N3740993
MLSID
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Property Description
Detached 3 Bedroom Brick Bungalow Situated On A Large 67 Ft Treed Lot In High Demand Pocket Of Newmarket. Great Open Floor Plan, Eat-In Kitchen With Walk Out To Deck, Separate Living/Dining Room, Good Size Bedrooms, Large Lower Level Offers Bright Family Room With Cozy Fireplace & Walk-Out To Large Private Yard. Wonderful Family Home Or Potential For Income Suite. Close To Transit, Schools And Go Train.
Extras
Including: Fridge, Stove, Dishwasher, Washer & Dryer, Central Vacuum, Garage Door Opener & Remote, All Electrical Light Fixtures, All Window Coverings, Shed. Hot Water Tank - Rental.
Property Features
School
Property Details
Street
Property Type
Detached, Bungalow
Lot Size
67' x 115'
Fronting
South
Taxes
$3,929 (2016)
Basement
Fin W/O
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Pvt Double
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingMain13.09' x 21.00'Broadloom, Combined W/Dining
DiningMain13.09' x 21.00'French Doors, Combined W/Living, Large Window
KitchenMain9.28' x 16.17'Ceramic Floor, Eat-In Kitchen, W/O To Deck
MasterMain9.97' x 12.99'O/Looks Backyard, Large Window, Double Closet
2nd BrMain9.48' x 12.27'O/Looks Backyard, Window, Closet
3rd BrMain8.27' x 9.97'Broadloom, Window, Closet
FamilyBsmt12.96' x 22.18'Gas Fireplace, Wet Bar, W/O To Deck
GamesBsmt14.27' x 22.18'
Newmarket Market Statistics
Newmarket Price Trend
288 Penn Ave is a 3-bedroom 2-bathroom home listed for sale at $699,900, which is $418,009 (37.4%) lower than the average sold price of $1,117,909 in the last 30 days (March 20 - April 18). During the last 30 days the average sold price for a 3 bedroom home in Newmarket increased by $32,209 (3.0%) compared to the previous 30 day period (February 19 - March 19) and down $29,817 (2.6%) from the same time one year ago.
Inventory Change
There were 70 3-bedroom homes listed in Newmarket over the last 30 days (March 20 - April 18), which is up 20.7% compared with the previous 30 day period (February 19 - March 19) and up 18.6% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Newmarket typically sold $7,910 (0.7%) above asking price over the last 30 days (March 20 - April 18), which represents a $44,405 decrease compared to the previous 30 day period (February 19 - March 19) and $41,081 less than the same period last year.
Sales to New Listings Ratio
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 homes in Newmarket over the last 30 days (March 20 - April 18) stood at 72.9%, up from 58.6% over the previous 30 days (February 19 - March 19) and up from 69.5% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Newmarket stood at 10 days when successfully sold over the last 30 days (March 20 - April 18), compared to 42 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Realtron Lander Realty Inc., Brokerage
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