5216 Nova Cres

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5216 Nova Cres, Burlington
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4
BEDROOMS
4
BATHROOMS
1 + 1
KITCHENS
7 + 2
ROOMS
W3098833
MLSID
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Property Description
Welcome Home! Beautifully Done 4 Bed Detached Home On Quiet Crescent. Features Open Concept Floor Plan, Loft Family Room, Granite Counters, Upgraded Back Splash & Stainless Appliances, Hardwood Flooring & Upgraded En-Suite. Complete Media Center And Second Bar/Kitchen Area, Plus Full Bath In Your All New Lower Level! This Home Features Three Full Levels Of Life & Entertainment Space Plus New Rear Deck Set In An Ideal Family Location.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2020-03-18 2020-03-31 13 $1,054,999 $1,040,000 Sold
Property Details
Street
Community
Property Type
Detached, 2-Storey
Lot Size
40' x 85'
Acreage
< .49
Fronting
North
Taxes
$4,070 (2014)
Basement
Finished, Full
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Pvt Double
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingMain12.01' x 20.01'
KitchenMain15.06' x 15.03'Eat-In Kitchen
LaundryMain5.02' x 8.10'
Family2nd17.03' x 13.09'
Master2nd14.01' x 14.99'
Br2nd10.99' x 10.01'
Br2nd10.01' x 11.02'
Br2nd10.99' x 9.97'
RecBsmt19.00' x 14.99'
KitchenBsmt10.01' x 13.02'
Burlington Market Statistics
Burlington Price Trend
5216 Nova Cres is a 4-bedroom 4-bathroom home listed for sale at $699,900, which is $1,025,400 (59.4%) lower than the average sold price of $1,725,300 in the last 30 days (March 10 - April 8). During the last 30 days the average sold price for a 4 bedroom home in Burlington increased by $104,535 (6.4%) compared to the previous 30 day period (February 9 - March 9) and down $12,419 (0.7%) from the same time one year ago.
Inventory Change
There were 63 4-bedroom homes listed in Burlington over the last 30 days (March 10 - April 8), which is down 1.6% compared with the previous 30 day period (February 9 - March 9) and up 26.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Burlington typically sold ($22,709) (1.3%) below asking price over the last 30 days (March 10 - April 8), which represents a $13,841 increase compared to the previous 30 day period (February 9 - March 9) and ($38,165) 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 4-bedroom homes in Burlington over the last 30 days (March 10 - April 8) stood at 95.2%, up from 73.4% over the previous 30 days (February 9 - March 9) and up from 82.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 4-bathroom home in Burlington stood at 19 days when successfully sold over the last 30 days (March 10 - April 8), compared to 59 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Escarpment Realty Inc., Brokerage
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