725 King St W 507

725 King St W 507 is a 1-bedroom 1-bathroom condo listed for sale at $295,000, which is $308,544 (51.1%) lower than the average sold price of $603,544 in the last 30 days (March 27 - April 25). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $5,791 (1.0%) compared to the previous 30 day period (February 26 - March 26) and down $19,907 (3.2%) from the same time one year ago.There were 1,670 1-bedroom condos listed in Downtown Toronto over the last 30 days (March 27 - April 25), which is up 18.7% compared with the previous 30 day period (February 26 - March 26) and up 54.8% compared with the same period last year.1-bedroom condos in Downtown Toronto typically sold ($8,027) (1.3%) below asking price over the last 30 days (March 27 - April 25), which represents a $2,604 increase compared to the previous 30 day period (February 26 - March 26) and ($2,987) 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 1-bedroom condos in Downtown Toronto over the last 30 days (March 27 - April 25) stood at 40.7%, down from 45.8% over the previous 30 days (February 26 - March 26) and down from 74.1% one year ago.An average time on the market for a 1-bedroom 1-bathroom condo in Downtown Toronto stood at 26 days when successfully sold over the last 30 days (March 27 - April 25), compared to 46 days before being removed from the market upon being suspended or terminated.