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 $2,148,877 (269.9%) higher than the average sold price of $796,123 in the last 30 days (October 23 - November 21). During the last 30 days the average sold price for a 2 bedroom condo in Markham declined by $9,443 (1.2%) compared to the previous 30 day period (September 23 - October 22) and up $16,543 (2.1%) from the same time one year ago.There were 71 2-bedroom condos listed in Markham over the last 30 days (October 23 - November 21), which is down 5.3% compared with the previous 30 day period (September 23 - October 22) and up 16.4% compared with the same period last year.2-bedroom condos in Markham typically sold ($23,571) (3.0%) below asking price over the last 30 days (October 23 - November 21), which represents a $20,942 decrease compared to the previous 30 day period (September 23 - October 22) and ($11,755) 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 23 - November 21) stood at 26.8%, down from 40.0% over the previous 30 days (September 23 - October 22) and down from 41.0% one year ago.An average time on the market for a 2-bedroom 3-bathroom condo in Markham stood at 32 days when successfully sold over the last 30 days (October 23 - November 21), compared to 63 days before being removed from the market upon being suspended or terminated.