879 Smith Rd

879 Smith Rd is a 5-bedroom 3-bathroom home listed for sale at $7,900,000, which is $6,906,107 (694.9%) higher than the average sold price of $993,893 in the last 30 days (October 15 - November 13). During the last 30 days the average sold price for a 5 bedroom home in Hamilton declined by $83,989 (7.8%) compared to the previous 30 day period (September 15 - October 14) and down $101,073 (9.2%) from the same time one year ago.There were 37 5-bedroom homes listed in Hamilton over the last 30 days (October 15 - November 13), which is up 2.8% compared with the previous 30 day period (September 15 - October 14) and up 12.1% compared with the same period last year.5-bedroom homes in Hamilton typically sold ($27,975) (2.8%) below asking price over the last 30 days (October 15 - November 13), which represents a $33,172 increase compared to the previous 30 day period (September 15 - October 14) and ($39,074) 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 (October 15 - November 13) stood at 43.2%, down from 47.2% over the previous 30 days (September 15 - October 14) and up from 36.4% one year ago.An average time on the market for a 5-bedroom 3-bathroom home in Hamilton stood at 37 days when successfully sold over the last 30 days (October 15 - November 13), compared to 67 days before being removed from the market upon being suspended or terminated.