1709 Highway #5 W

1709 Highway #5 W is a 3-bedroom 2-bathroom home listed for sale at $7,959,000, which is $7,173,836 (913.7%) higher than the average sold price of $785,164 in the last 30 days (October 15 - November 13). During the last 30 days the average sold price for a 3 bedroom home in Hamilton declined by $68,955 (8.1%) compared to the previous 30 day period (September 15 - October 14) and up $25,191 (3.3%) from the same time one year ago.There were 283 3-bedroom homes listed in Hamilton over the last 30 days (October 15 - November 13), which is down 10.4% compared with the previous 30 day period (September 15 - October 14) and up 3.3% compared with the same period last year.3-bedroom homes in Hamilton typically sold ($19,617) (2.5%) below asking price over the last 30 days (October 15 - November 13), which represents a $5,815 decrease compared to the previous 30 day period (September 15 - October 14) and ($21,493) more 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 Hamilton over the last 30 days (October 15 - November 13) stood at 73.5%, up from 57.3% over the previous 30 days (September 15 - October 14) and up from 49.6% one year ago.An average time on the market for a 3-bedroom 2-bathroom home in Hamilton stood at 37 days when successfully sold over the last 30 days (October 15 - November 13), compared to 59 days before being removed from the market upon being suspended or terminated.