325 Savage Rd

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325 Savage Rd, Newmarket
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5 + 2
BEDROOMS
4
BATHROOMS
1 + 1
KITCHENS
10 + 4
ROOMS
N4139048
MLSID
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Property Description
Bring The In-Laws! Rare 5+2 Bedroom Home Located In Desirable Armitage Village! This Lovingly Maintained Approx. 3,148 Sq.Ft. Home Features Updated Kitchen W/Granite Counters, Large Breakfast Area, Formal Living/ Dining Rooms & Oversized Family Rm With F/Pl! Separate Entrance To Bright Basement Complete W/ 2 Bdrms, 2nd Kitchen & 4 Pc Bath! Beautifully Landscaped W/Great Curb Appeal! Steps To Transit, Schools, Shops & All Amenities! Your Search Ends Here!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2018-10-18 2018-12-21 64 $2,680 $2,680 Leased
Extras
Fridge X2, Stove X2, Washer, Dryer, B/I Micro, Elfs, Wdw Covgs, Cac, Gdo & 2 Rmts, Humidifer, Intercom, Reverse Osmosis Purifier, F/Pl Sceen, French Doors, R/I Cvac, Hwy(R). Excl Flat Screen Tv & Wall Mount.
Property Details
Street
Community
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
3000-3500
Lot Size
47' x 111'
Lot Irregularities
Irreg: R 55.41 W 109.77
Fronting
South
Taxes
$5,215 (2017)
Basement
Finished, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingMain11.12' x 15.32'Parquet Floor, Large Window
DiningMain11.06' x 11.12'Parquet Floor, Large Window
KitchenMain10.93' x 12.34'Ceramic Floor, Large Window, Granite Counter
BreakfastMain12.11' x 12.40'Ceramic Floor, W/O To Patio, Pantry
FamilyMain11.38' x 21.00'Hardwood Floor, Fireplace, French Doors
MasterMain16.14' x 18.70'Hardwood Floor, W/I Closet, 4 Pc Ensuite
2nd BrMain11.35' x 12.40'Hardwood Floor, Large Window, Double Closet
3rd BrMain10.10' x 12.17'Hardwood Floor, Large Window, Double Closet
4th BrMain11.29' x 12.40'Hardwood Floor, Large Window, W/I Closet
5th BrLower10.89' x 16.47'Ceramic Floor, Window
RecLower20.01' x 21.95'Ceramic Floor, Window
KitchenLower9.09' x 14.83'Ceramic Floor, Window
Newmarket Market Statistics
Newmarket Price Trend
325 Savage Rd is a 5-bedroom 4-bathroom home listed for sale at $918,000, which is $907,000 (49.7%) lower than the average sold price of $1,825,000 in the last 30 days (March 27 - April 25). During the last 30 days the average sold price for a 5 bedroom home in Newmarket increased by $16,000 (0.9%) compared to the previous 30 day period (February 26 - March 26) and up $103,500 (6.0%) from the same time one year ago.
Inventory Change
There were 12 5-bedroom homes listed in Newmarket over the last 30 days (March 27 - April 25), which is up 50.0% compared with the previous 30 day period (February 26 - March 26) and up 1,100.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
5-bedroom homes in Newmarket typically sold ($88,956) (4.9%) below asking price over the last 30 days (March 27 - April 25), which represents a $109,956 decrease compared to the previous 30 day period (February 26 - March 26) and $130,056 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 5-bedroom homes in Newmarket over the last 30 days (March 27 - April 25) stood at 41.7%, up from 25.0% over the previous 30 days (February 26 - March 26) and down from 200.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 4-bathroom home in Newmarket stood at 18 days when successfully sold over the last 30 days (March 27 - April 25), compared to 33 days before being removed from the market upon being suspended or terminated.
Listing contracted with Jay Miller Real Estate Ltd., Brokerage
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