397 Royal Orchard Blvd 204

397 Royal Orchard Blvd 204 is a 2-bedroom 3-bathroom condo listed for sale at $2,745,000, which is $1,919,370 (232.5%) higher than the average sold price of $825,630 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 2 bedroom condo in Markham increased by $19,730 (2.4%) compared to the previous 30 day period (September 21 - October 20) and up $15,443 (1.9%) from the same time one year ago.There were 74 2-bedroom condos listed in Markham over the last 30 days (October 21 - November 19), which is down 14.0% compared with the previous 30 day period (September 21 - October 20) and up 23.3% compared with the same period last year.2-bedroom condos in Markham typically sold ($26,047) (3.2%) below asking price over the last 30 days (October 21 - November 19), which represents a $22,718 decrease compared to the previous 30 day period (September 21 - October 20) and ($11,454) 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 2-bedroom condos in Markham over the last 30 days (October 21 - November 19) stood at 24.3%, down from 34.9% over the previous 30 days (September 21 - October 20) and down from 40.0% one year ago.An average time on the market for a 2-bedroom 3-bathroom condo in Markham stood at 33 days when successfully sold over the last 30 days (October 21 - November 19), compared to 66 days before being removed from the market upon being suspended or terminated.