Lot 45 Riley Ave

Lot 45 Riley Ave is a 4-bedroom 4-bathroom home listed for sale at $699,900, which is $340,100 (32.7%) lower than the average sold price of $1,040,000 in the last 30 days (March 20 - April 18). During the last 30 days the average sold price for a 4 bedroom home in Pelham declined by $60,000 (5.5%) compared to the previous 30 day period (February 19 - March 19) and down $20,000 (1.9%) from the same time one year ago.There were 9 4-bedroom homes listed in Pelham over the last 30 days (March 20 - April 18), which is up 12.5% compared with the previous 30 day period (February 19 - March 19) and up 50.0% compared with the same period last year.4-bedroom homes in Pelham typically sold ($64,900) (6.2%) below asking price over the last 30 days (March 20 - April 18), which represents a $14,900 decrease compared to the previous 30 day period (February 19 - March 19) and ($37,400) 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 4-bedroom homes in Pelham over the last 30 days (March 20 - April 18) stood at 44.4%, up from 37.5% over the previous 30 days (February 19 - March 19) and down from 100.0% one year ago.An average time on the market for a 4-bedroom 4-bathroom home in Pelham stood at 26 days when successfully sold over the last 30 days (March 20 - April 18), compared to 55 days before being removed from the market upon being suspended or terminated.