498 Main St E

498 Main St E is a 6-bedroom 5-bathroom home listed for sale at $1,120,000, which is $317,500 (22.1%) lower than the average sold price of $1,437,500 in the last 30 days (October 15 - November 13). During the last 30 days the average sold price for a 6 bedroom home in Hamilton increased by $328,500 (29.6%) compared to the previous 30 day period (September 15 - October 14) and up $253,167 (21.4%) from the same time one year ago.There were 5 6-bedroom homes listed in Hamilton over the last 30 days (October 15 - November 13), which is down 44.4% compared with the previous 30 day period (September 15 - October 14) and down 50.0% compared with the same period last year.6-bedroom homes in Hamilton typically sold ($5,450) (0.4%) below asking price over the last 30 days (October 15 - November 13), which represents a $60,050 increase compared to the previous 30 day period (September 15 - October 14) and ($31,264) 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 6-bedroom homes in Hamilton over the last 30 days (October 15 - November 13) stood at 40.0%, up from 22.2% over the previous 30 days (September 15 - October 14) and down from 60.0% one year ago.An average time on the market for a 6-bedroom 5-bathroom home in Hamilton stood at 99 days when successfully sold over the last 30 days (October 15 - November 13), compared to 93 days before being removed from the market upon being suspended or terminated.