498 London Rd

498 London Rd is a 4-bedroom 4-bathroom home listed for sale at $699,998, which is $737,970 (51.3%) lower than the average sold price of $1,437,968 in the last 30 days (March 24 - April 22). During the last 30 days the average sold price for a 4 bedroom home in Newmarket declined by $76,979 (5.1%) compared to the previous 30 day period (February 23 - March 23) and up $9,665 (0.7%) from the same time one year ago.There were 75 4-bedroom homes listed in Newmarket over the last 30 days (March 24 - April 22), which is up 25.0% compared with the previous 30 day period (February 23 - March 23) and up 38.9% compared with the same period last year.4-bedroom homes in Newmarket typically sold $9,188 (0.6%) above asking price over the last 30 days (March 24 - April 22), which represents a $1,311 increase compared to the previous 30 day period (February 23 - March 23) and ($9,586) more 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 4-bedroom homes in Newmarket over the last 30 days (March 24 - April 22) stood at 76.0%, up from 63.3% over the previous 30 days (February 23 - March 23) and up from 70.4% one year ago.An average time on the market for a 4-bedroom 4-bathroom home in Newmarket stood at 27 days when successfully sold over the last 30 days (March 24 - April 22), compared to 26 days before being removed from the market upon being suspended or terminated.