143 Forest Ridge Rd

143 Forest Ridge Rd is a 5-bedroom 10-bathroom home listed for sale at $5,198,000, which is $2,176,231 (72.0%) higher than the average sold price of $3,021,769 in the last 30 days (March 27 - April 25). During the last 30 days the average sold price for a 5 bedroom home in Richmond Hill increased by $635,114 (26.6%) compared to the previous 30 day period (February 26 - March 26) and up $509,341 (20.3%) from the same time one year ago.There were 28 5-bedroom homes listed in Richmond Hill over the last 30 days (March 27 - April 25), which is down 6.7% compared with the previous 30 day period (February 26 - March 26) and up 33.3% compared with the same period last year.5-bedroom homes in Richmond Hill typically sold $63,429 (2.1%) above asking price over the last 30 days (March 27 - April 25), which represents a $26,828 decrease compared to the previous 30 day period (February 26 - March 26) and $175,714 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 5-bedroom homes in Richmond Hill over the last 30 days (March 27 - April 25) stood at 46.4%, up from 23.3% over the previous 30 days (February 26 - March 26) and down from 66.7% one year ago.An average time on the market for a 5-bedroom 10-bathroom home in Richmond Hill stood at 17 days when successfully sold over the last 30 days (March 27 - April 25), compared to 71 days before being removed from the market upon being suspended or terminated.