68 Meadowsweet Lane

68 Meadowsweet Lane is a 5-bedroom 4-bathroom home listed for sale at $1,099,800, which is $1,921,969 (63.6%) lower than the average sold price of $3,021,769 in the last 30 days (March 26 - April 24). During the last 30 days the average sold price for a 5 bedroom home in Richmond Hill increased by $635,114 (26.6%) compared to the previous 30 day period (February 25 - March 25) and up $371,224 (14.0%) from the same time one year ago.There were 30 5-bedroom homes listed in Richmond Hill over the last 30 days (March 26 - April 24), which is up 11.1% compared with the previous 30 day period (February 25 - March 25) and up 57.9% compared with the same period last year.5-bedroom homes in Richmond Hill typically sold $63,429 (2.1%) above asking price over the last 30 days (March 26 - April 24), which represents a $26,828 decrease compared to the previous 30 day period (February 25 - March 25) and $201,727 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 5-bedroom homes in Richmond Hill over the last 30 days (March 26 - April 24) stood at 43.3%, up from 25.9% over the previous 30 days (February 25 - March 25) and down from 57.9% one year ago.An average time on the market for a 5-bedroom 4-bathroom home in Richmond Hill stood at 17 days when successfully sold over the last 30 days (March 26 - April 24), compared to 71 days before being removed from the market upon being suspended or terminated.