879 Smith Rd

879 Smith Rd is a 5-bedroom 3-bathroom home listed for sale at $7,900,000, which is $6,662,925 (538.6%) higher than the average sold price of $1,237,075 in the last 30 days (November 18 - December 17). During the last 30 days the average sold price for a 5 bedroom home in Hamilton increased by $308,626 (33.2%) compared to the previous 30 day period (October 19 - November 17) and down $11,313 (0.9%) from the same time one year ago.There were 22 5-bedroom homes listed in Hamilton over the last 30 days (November 18 - December 17), which is down 50.0% compared with the previous 30 day period (October 19 - November 17) and up 46.7% compared with the same period last year.5-bedroom homes in Hamilton typically sold ($38,662) (3.1%) below asking price over the last 30 days (November 18 - December 17), which represents a $6,722 decrease compared to the previous 30 day period (October 19 - November 17) and ($116,073) 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 5-bedroom homes in Hamilton over the last 30 days (November 18 - December 17) stood at 72.7%, up from 47.7% over the previous 30 days (October 19 - November 17) and up from 53.3% one year ago.An average time on the market for a 5-bedroom 3-bathroom home in Hamilton stood at 50 days when successfully sold over the last 30 days (November 18 - December 17), compared to 71 days before being removed from the market upon being suspended or terminated.