5160 Ravine Cres

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5160 Ravine Cres, Burlington
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3
BEDROOMS
4
BATHROOMS
1
KITCHENS
7 + 1
ROOMS
W4861595
MLSID
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Property Description
Fabulous 3 Bdrm/ 4 Bath Family Home In The Orchard. Set Amongst A Private Street This All-Brick Mattamy Built Home Boasts Rich Hardwood Flooring Throughout, Family Room Overlooks Backyard. Eat-In Kitchen Walks Out To Oversized Deck In Large Pool Sized Yard Facing West Backing Onto Lush Ravine And Pond. Talk About Location! Probably The Most Premier Lot In All Of The Orchard. Close To Everything Incl. Steps To Top Rated Alexander Public School, Among Others.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2020-07-27 2020-08-07 11 $899,900 - Terminated
Extras
Great Restaurants, Shopping Ect. Also Great Trails And Close To All Major Transit. S/S Fridge/Stove/D.W./Washer&Dryer/All Elf/All Window Coverings/Cac
Nearby Intersections
Property Features
Park, Public Transit, Ravine, School, Wooded/Treed
Property Details
Community
Property Type
Detached, 2-Storey
Lot Size
35' x 90'
Acreage
< .50
Fronting
West
Taxes
$4,198 (2020)
Basement
Finished, Full
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
Attached
Burlington Market Statistics
Burlington Price Trend
5160 Ravine Cres is a 3-bedroom 4-bathroom home listed for sale at $839,900, which is $366,782 (30.4%) lower than the average sold price of $1,206,682 in the last 30 days (March 10 - April 8). During the last 30 days the average sold price for a 3 bedroom home in Burlington increased by $86,240 (7.7%) compared to the previous 30 day period (February 9 - March 9) and up $29,932 (2.5%) from the same time one year ago.
Inventory Change
There were 87 3-bedroom homes listed in Burlington over the last 30 days (March 10 - April 8), which is up 8.7% compared with the previous 30 day period (February 9 - March 9) and up 14.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Burlington typically sold $14,530 (1.2%) above asking price over the last 30 days (March 10 - April 8), which represents a $32,255 increase compared to the previous 30 day period (February 9 - March 9) and ($3,747) more 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 3-bedroom homes in Burlington over the last 30 days (March 10 - April 8) stood at 100.0%, up from 87.5% over the previous 30 days (February 9 - March 9) and up from 92.1% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 4-bathroom home in Burlington stood at 10 days when successfully sold over the last 30 days (March 10 - April 8), compared to 79 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Realty Plus, Brokerage
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