398 Highway 7 E RG11

398 Highway 7 E RG11 is a 3-bedroom 2-bathroom condo listed for sale at $1,369,888, which is $79,888 (6.2%) higher than the average sold price of $1,290,000 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 3 bedroom condo in Richmond Hill increased by $350,000 (37.2%) compared to the previous 30 day period (November 19 - December 18) and up $567,500 (78.5%) from the same time one year ago.There were 3 3-bedroom condos listed in Richmond Hill over the last 30 days (December 19 - January 17), which is up 50.0% compared with the previous 30 day period (November 19 - December 18) and down 0.0% compared with the same period last year.3-bedroom condos in Richmond Hill typically sold ($100,000) (7.8%) below asking price over the last 30 days (December 19 - January 17), which represents a $50,000 decrease compared to the previous 30 day period (November 19 - December 18) and ($40,500) 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 condos in Richmond Hill over the last 30 days (December 19 - January 17) stood at 33.3%, down from 50.0% over the previous 30 days (November 19 - December 18) and down from 66.7% one year ago.An average time on the market for a 3-bedroom 2-bathroom condo in Richmond Hill stood at 129 days when successfully sold over the last 30 days (December 19 - January 17), compared to 117 days before being removed from the market upon being suspended or terminated.