52/52A Balsam Ave

52/52A Balsam Ave is a 8-bedroom 4-bathroom home listed for sale at $2,200,000, which is $820,000 (59.4%) higher than the average sold price of $1,380,000 in the last 30 days (August 8 - September 6). During the last 30 days the average sold price for a 8 bedroom home in Scarborough declined by $625,000 (31.2%) compared to the previous 30 day period (July 9 - August 7) and down $806,666 (36.9%) from the same time one year ago.There were 5 8-bedroom homes listed in Scarborough over the last 30 days (August 8 - September 6), which is down 16.7% compared with the previous 30 day period (July 9 - August 7) and down 28.6% compared with the same period last year.8-bedroom homes in Scarborough typically sold ($265,800) (19.3%) below asking price over the last 30 days (August 8 - September 6), which represents a $178,200 increase compared to the previous 30 day period (July 9 - August 7) and $24,370 less 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 (August 8 - September 6) stood at 20.0%, down from 33.3% over the previous 30 days (July 9 - August 7) and down from 42.9% one year ago.An average time on the market for a 8-bedroom 4-bathroom home in Scarborough stood at 68 days when successfully sold over the last 30 days (August 8 - September 6), compared to 112 days before being removed from the market upon being suspended or terminated.