657 King St N

Welland, L3B 3L5
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657 King St N, Welland
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4
BEDROOMS
2
BATHROOMS
1
KITCHENS
8
ROOMS
X4058044
MLSID
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Property Description
Property Details
Street
Property Type
Detached, 2-Storey
Lot Size
46' x 109'
Fronting
West
Taxes
$3,400 (2017)
Basement
Unfinished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
1
Driveway
None
Garage Type
None
Welland Market Statistics
Welland Price Trend
657 King St N is a 4-bedroom 2-bathroom home listed for sale at $199,900, which is $572,266 (74.1%) lower than the average sold price of $772,166 in the last 30 days (March 26 - April 24). During the last 30 days the average sold price for a 4 bedroom home in Welland increased by $49,666 (6.9%) compared to the previous 30 day period (February 25 - March 25) and up $89,166 (13.1%) from the same time one year ago.
Inventory Change
There were 15 4-bedroom homes listed in Welland over the last 30 days (March 26 - April 24), which is down 34.8% compared with the previous 30 day period (February 25 - March 25) and up 114.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Welland typically sold ($11,100) (1.4%) below asking price over the last 30 days (March 26 - April 24), which represents a $7,900 increase compared to the previous 30 day period (February 25 - March 25) and ($28,900) 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 Welland over the last 30 days (March 26 - April 24) stood at 100.0%, up from 60.9% over the previous 30 days (February 25 - March 25) and up from 57.1% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 2-bathroom home in Welland stood at 18 days when successfully sold over the last 30 days (March 26 - April 24), compared to 153 days before being removed from the market upon being suspended or terminated.
Listing contracted with Keller Williams Complete Realty, Brokerage
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