502 Birchmount Rd

502 Birchmount Rd is a 8-bedroom 6-bathroom home listed for sale at $1,925,000, which is $396,667 (26.0%) higher than the average sold price of $1,528,333 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 8 bedroom home in Scarborough increased by $164,833 (12.1%) compared to the previous 30 day period (December 22 - January 20) and up $340,833 (28.7%) from the same time one year ago.There were 9 8-bedroom homes listed in Scarborough over the last 30 days (January 21 - February 19), which is down 0.0% compared with the previous 30 day period (December 22 - January 20) and up 80.0% compared with the same period last year.8-bedroom homes in Scarborough typically sold $36,000 (2.4%) above asking price over the last 30 days (January 21 - February 19), which represents a $97,443 increase compared to the previous 30 day period (December 22 - January 20) and ($93,950) 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 8-bedroom homes in Scarborough over the last 30 days (January 21 - February 19) stood at 33.3%, up from 22.2% over the previous 30 days (December 22 - January 20) and down from 40.0% one year ago.An average time on the market for a 8-bedroom 6-bathroom home in Scarborough stood at 47 days when successfully sold over the last 30 days (January 21 - February 19), compared to 124 days before being removed from the market upon being suspended or terminated.