3520 Danforth Ave 508

3520 Danforth Ave 508 is a 1-bedroom 1-bathroom condo listed for sale at $294,000, which is $308,501 (51.2%) lower than the average sold price of $602,501 in the last 30 days (April 7 - May 6). During the last 30 days the average sold price for a 1 bedroom condo in Scarborough declined by $865 (0.1%) compared to the previous 30 day period (March 8 - April 6) and down $28,451 (4.5%) from the same time one year ago.There were 1,967 1-bedroom condos listed in Scarborough over the last 30 days (April 7 - May 6), which is up 60.2% compared with the previous 30 day period (March 8 - April 6) and up 72.1% compared with the same period last year.1-bedroom condos in Scarborough typically sold ($8,143) (1.4%) below asking price over the last 30 days (April 7 - May 6), which represents a $1,822 increase compared to the previous 30 day period (March 8 - April 6) and ($1,155) 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 1-bedroom condos in Scarborough over the last 30 days (April 7 - May 6) stood at 30.9%, down from 55.9% over the previous 30 days (March 8 - April 6) and down from 67.8% one year ago.An average time on the market for a 1-bedroom 1-bathroom condo in Scarborough stood at 26 days when successfully sold over the last 30 days (April 7 - May 6), compared to 45 days before being removed from the market upon being suspended or terminated.