397 Royal Orchard Blvd 703

397 Royal Orchard Blvd 703 is a 2-bedroom 3-bathroom condo listed for sale at $2,945,000, which is $2,160,877 (275.6%) higher than the average sold price of $784,123 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom condo in Markham increased by $28,123 (3.7%) compared to the previous 30 day period (December 22 - January 20) and down $40,240 (4.9%) from the same time one year ago.There were 83 2-bedroom condos listed in Markham over the last 30 days (January 21 - February 19), which is up 112.8% compared with the previous 30 day period (December 22 - January 20) and up 69.4% compared with the same period last year.2-bedroom condos in Markham typically sold ($20,150) (2.6%) below asking price over the last 30 days (January 21 - February 19), which represents a $4,260 increase compared to the previous 30 day period (December 22 - January 20) and ($20,602) 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 2-bedroom condos in Markham over the last 30 days (January 21 - February 19) stood at 22.9%, down from 51.3% over the previous 30 days (December 22 - January 20) and down from 44.9% one year ago.An average time on the market for a 2-bedroom 3-bathroom condo in Markham stood at 51 days when successfully sold over the last 30 days (January 21 - February 19), compared to 56 days before being removed from the market upon being suspended or terminated.