4122 Palermo Common

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4122 Palermo Common, Burlington
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2
BEDROOMS
2
BATHROOMS
1
KITCHENS
6
ROOMS
W4076054
MLSID
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Property Description
Attention First Time Home Buyers, Professionals, Commuters & Investors! Come & See This Bright, Beautifully Well-Maintained Freehold Townhouse In South Burlington! Approx 1360Sqft. Family Friendly & Quiet Complex. Minutes To Applyby Go, Qew, Shop & Schools. Modern & Stylish Open Concept, Kitchen W/Back Splash & Breakfast Bar. Great Living Room W/ 9Ft Ceiling & W/O To Balcony For Entertaining Guests, Bbq Or Enjoy Your Morning Coffee. Direct Access To Garage.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2020-08-09 2020-08-19 11 $599,999 $595,000 Sold
Extras
S/S Fridge, S/S Stove, S/S B/I Dishwasher, S/S Microwave, Washer & Dryer, All Elfs, A/C
Property Details
Community
Property Type
Att/Row/Townhouse, 3-Storey
Approximate Sq.Ft.
1100-1500
Lot Size
21' x 46'
Fronting
North
Taxes
$2,548 (2017)
Basement
None
Exterior
Brick
Heat Type
Fan Coil
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
1
Driveway
Private
Garage Type
Built-In
Room Summary
RoomLevelSizeFeatures
Living2nd17.65' x 11.32'Open Concept
Dining2nd10.50' x 10.99'
Kitchen2nd8.99' x 8.01'Breakfast Bar, Pantry, Stainless Steel Appl
Master3rd14.01' x 10.99'W/I Closet
2nd Br3rd10.99' x 8.99'Closet
FamilyGround9.68' x 9.68'
Burlington Market Statistics
Burlington Price Trend
4122 Palermo Common is a 2-bedroom 2-bathroom townhome listed for sale at $549,900, which is $232,427 (29.7%) lower than the average sold price of $782,327 in the last 30 days (March 24 - April 22). During the last 30 days the average sold price for a 2 bedroom townhome in Burlington increased by $28,454 (3.8%) compared to the previous 30 day period (February 23 - March 23) and down $7,068 (0.9%) from the same time one year ago.
Inventory Change
There were 22 2-bedroom townhomes listed in Burlington over the last 30 days (March 24 - April 22), which is up 37.5% compared with the previous 30 day period (February 23 - March 23) and up 22.2% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom townhomes in Burlington typically sold ($5,675) (0.7%) below asking price over the last 30 days (March 24 - April 22), which represents a $10,863 increase compared to the previous 30 day period (February 23 - March 23) and ($3,300) 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 2-bedroom townhomes in Burlington over the last 30 days (March 24 - April 22) stood at 131.8%, up from 106.2% over the previous 30 days (February 23 - March 23) and up from 111.1% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom townhome in Burlington stood at 14 days when successfully sold over the last 30 days (March 24 - April 22), compared to 38 days before being removed from the market upon being suspended or terminated.
Listing contracted with Century 21 Best Sellers Ltd., Brokerage
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