705 Vale Ave

705 Vale Ave is a 3-bedroom 4-bathroom home listed for sale at $699,900, which is $403,814 (36.6%) lower than the average sold price of $1,103,714 in the last 30 days (March 26 - April 24). During the last 30 days the average sold price for a 3 bedroom home in Newmarket increased by $22,294 (2.1%) compared to the previous 30 day period (February 25 - March 25) and down $3,538 (0.3%) from the same time one year ago.There were 63 3-bedroom homes listed in Newmarket over the last 30 days (March 26 - April 24), which is down 3.1% compared with the previous 30 day period (February 25 - March 25) and down 0.0% compared with the same period last year.3-bedroom homes in Newmarket typically sold $7,964 (0.7%) above asking price over the last 30 days (March 26 - April 24), which represents a $31,856 decrease compared to the previous 30 day period (February 25 - March 25) and $46,588 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 3-bedroom homes in Newmarket over the last 30 days (March 26 - April 24) stood at 88.9%, up from 52.3% over the previous 30 days (February 25 - March 25) and up from 74.6% one year ago.An average time on the market for a 3-bedroom 4-bathroom home in Newmarket stood at 9 days when successfully sold over the last 30 days (March 26 - April 24), compared to 41 days before being removed from the market upon being suspended or terminated.