313 Wellington St N
Kitchener, N2H 5K8
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2 + 1BEDROOMS
1 + 1KITCHENS
Great Opportunity, Tremendous Value In Lot Size Or Take Over And Renovate. Currently Duplexed And Fully Rented.
66' x 166'
Kitchener Market Statistics
Kitchener Price Trend313 Wellington St N is a 2-bedroom 4-bathroom home listed for sale at $795,000, which is $135,500 (20.5 %) higher than the average sold price of $659,500 in the last 30 days (June 30 - July 29). During the last 30 days the average sold price for a 2 bedroom home in Kitchener declined by $22,560 (3.3 %) compared to the previous 30 day period (May 31 - June 29) and down $515,500 (43.9 %) from the same time one year ago.
Inventory ChangeThere were 6 2-bedroom homes listed in Kitchener over the last 30 days (June 30 - July 29), which is up 500.0 % compared with the previous 30 day period (May 31 - June 29) and up 200.0 % compared with the same period last year.
Sold Price Above/Below Asking ($)2-bedroom homes in Kitchener typically sold $54,200 (8.2 %) above asking price over the last 30 days (June 30 - July 29), which represents a $14,444 decrease compared to the previous 30 day period (May 31 - June 29) and ($10,000) more than the same period last year.
Sales to New Listings RatioSold-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 2-bedroom homes in Kitchener over the last 30 days (June 30 - July 29) stood at 133.3 %, down from 1,000.0 % over the previous 30 days (May 31 - June 29) and down from 150.0 % one year ago.
Average Days on Market when Sold vs DelistedAn average time on the market for a 2-bedroom 4-bathroom home in Kitchener stood at 8 days when successfully sold over the last 30 days (June 30 - July 29), compared to 37 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Real Estate Centre Inc., Brokerage