1275 Cannon St E

1275 Cannon St E is a 2-bedroom 1-bathroom home listed for sale at $299,900, which is $310,003 (50.8%) lower than the average sold price of $609,903 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom home in Hamilton declined by $5,466 (0.9%) compared to the previous 30 day period (December 22 - January 20) and down $52,778 (8.0%) from the same time one year ago.There were 67 2-bedroom homes listed in Hamilton over the last 30 days (January 21 - February 19), which is up 59.5% compared with the previous 30 day period (December 22 - January 20) and up 15.5% compared with the same period last year.2-bedroom homes in Hamilton typically sold ($5,239) (0.9%) below asking price over the last 30 days (January 21 - February 19), which represents a $10,772 increase compared to the previous 30 day period (December 22 - January 20) and ($4,958) 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 2-bedroom homes in Hamilton over the last 30 days (January 21 - February 19) stood at 49.3%, down from 78.6% over the previous 30 days (December 22 - January 20) and down from 94.8% one year ago.An average time on the market for a 2-bedroom 1-bathroom home in Hamilton stood at 40 days when successfully sold over the last 30 days (January 21 - February 19), compared to 80 days before being removed from the market upon being suspended or terminated.