8763 Bayview Ave 507

8763 Bayview Ave 507 is a 3-bedroom 3-bathroom condo listed for sale at $1,499,000, which is $674,000 (81.7%) higher than the average sold price of $825,000 in the last 30 days (March 27 - April 25). During the last 30 days the average sold price for a 3 bedroom condo in Richmond Hill increased by $9,667 (1.2%) compared to the previous 30 day period (February 26 - March 26) and up $13,000 (1.6%) from the same time one year ago.There were 7 3-bedroom condos listed in Richmond Hill over the last 30 days (March 27 - April 25), which is up 133.3% compared with the previous 30 day period (February 26 - March 26) and up 133.3% compared with the same period last year.3-bedroom condos in Richmond Hill typically sold $36,000 (4.4%) above asking price over the last 30 days (March 27 - April 25), which represents a $56,333 increase compared to the previous 30 day period (February 26 - March 26) and $24,280 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 3-bedroom condos in Richmond Hill over the last 30 days (March 27 - April 25) stood at 28.6%, down from 100.0% over the previous 30 days (February 26 - March 26) and down from 133.3% one year ago.An average time on the market for a 3-bedroom 3-bathroom condo in Richmond Hill stood at 14 days when successfully sold over the last 30 days (March 27 - April 25), compared to 63 days before being removed from the market upon being suspended or terminated.