25 SCHMIDT Lane

25 SCHMIDT Lane is a 3-bedroom 8-bathroom townhome listed for sale at $838,000, which is $238,154 (22.1%) lower than the average sold price of $1,076,154 in the last 30 days (November 2 - December 1). During the last 30 days the average sold price for a 3 bedroom townhome in Markham declined by $34,894 (3.1%) compared to the previous 30 day period (October 3 - November 1) and down $52,138 (4.6%) from the same time one year ago.There were 61 3-bedroom townhomes listed in Markham over the last 30 days (November 2 - December 1), which is down 39.0% compared with the previous 30 day period (October 3 - November 1) and up 7.0% compared with the same period last year.3-bedroom townhomes in Markham typically sold ($9,317) (0.9%) below asking price over the last 30 days (November 2 - December 1), which represents a $9,783 decrease compared to the previous 30 day period (October 3 - November 1) and $104 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 townhomes in Markham over the last 30 days (November 2 - December 1) stood at 72.1%, up from 64.0% over the previous 30 days (October 3 - November 1) and up from 49.1% one year ago.An average time on the market for a 3-bedroom 8-bathroom townhome in Markham stood at 30 days when successfully sold over the last 30 days (November 2 - December 1), compared to 55 days before being removed from the market upon being suspended or terminated.