47 Lancewood Cres

47 Lancewood Cres is a 2-bedroom 3-bathroom townhome listed for sale at $495,000, which is $242,500 (32.9%) lower than the average sold price of $737,500 in the last 30 days (March 20 - April 18). During the last 30 days the average sold price for a 2 bedroom townhome in Brampton declined by $16,142 (2.1%) compared to the previous 30 day period (February 19 - March 19) and down $48,945 (6.2%) from the same time one year ago.There were 30 2-bedroom townhomes listed in Brampton over the last 30 days (March 20 - April 18), which is up 57.9% compared with the previous 30 day period (February 19 - March 19) and up 233.3% compared with the same period last year.2-bedroom townhomes in Brampton typically sold ($1,040) (0.1%) below asking price over the last 30 days (March 20 - April 18), which represents a $13,827 decrease compared to the previous 30 day period (February 19 - March 19) and $5,745 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 townhomes in Brampton over the last 30 days (March 20 - April 18) stood at 33.3%, down from 73.7% over the previous 30 days (February 19 - March 19) and down from 122.2% one year ago.An average time on the market for a 2-bedroom 3-bathroom townhome in Brampton stood at 26 days when successfully sold over the last 30 days (March 20 - April 18), compared to 58 days before being removed from the market upon being suspended or terminated.