114 Weldrick Rd W

114 Weldrick Rd W is a 3-bedroom 1-bathroom home listed for sale at $4,890,000, which is $3,350,268 (217.6%) higher than the average sold price of $1,539,732 in the last 30 days (August 21 - September 19). During the last 30 days the average sold price for a 3 bedroom home in Richmond Hill increased by $150,906 (10.9%) compared to the previous 30 day period (July 22 - August 20) and up $157,911 (11.4%) from the same time one year ago.There were 96 3-bedroom homes listed in Richmond Hill over the last 30 days (August 21 - September 19), which is up 43.3% compared with the previous 30 day period (July 22 - August 20) and up 26.3% compared with the same period last year.3-bedroom homes in Richmond Hill typically sold ($35,171) (2.3%) below asking price over the last 30 days (August 21 - September 19), which represents a $32,093 increase compared to the previous 30 day period (July 22 - August 20) and ($9,821) 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 3-bedroom homes in Richmond Hill over the last 30 days (August 21 - September 19) stood at 38.5%, up from 34.3% over the previous 30 days (July 22 - August 20) and up from 36.8% one year ago.An average time on the market for a 3-bedroom 1-bathroom home in Richmond Hill stood at 22 days when successfully sold over the last 30 days (August 21 - September 19), compared to 60 days before being removed from the market upon being suspended or terminated.