5034 Mercer Common

5034 Mercer Common is a 2-bedroom 4-bathroom townhome listed for sale at $494,500, which is $292,516 (37.2%) lower than the average sold price of $787,016 in the last 30 days (March 26 - April 24). During the last 30 days the average sold price for a 2 bedroom townhome in Burlington increased by $29,401 (3.9%) compared to the previous 30 day period (February 25 - March 25) and down $7,931 (1.0%) from the same time one year ago.There were 22 2-bedroom townhomes listed in Burlington over the last 30 days (March 26 - April 24), which is up 37.5% compared with the previous 30 day period (February 25 - March 25) and up 37.5% compared with the same period last year.2-bedroom townhomes in Burlington typically sold ($9,660) (1.2%) below asking price over the last 30 days (March 26 - April 24), which represents a $2,320 decrease compared to the previous 30 day period (February 25 - March 25) and ($5,471) 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 Burlington over the last 30 days (March 26 - April 24) stood at 140.9%, up from 100.0% over the previous 30 days (February 25 - March 25) and up from 131.2% one year ago.An average time on the market for a 2-bedroom 4-bathroom townhome in Burlington stood at 15 days when successfully sold over the last 30 days (March 26 - April 24), compared to 38 days before being removed from the market upon being suspended or terminated.