514-518 Confederation St

514-518 Confederation St is a 2-bedroom 1-bathroom home listed for sale at $379,000, which is $66,000 (14.8%) lower than the average sold price of $445,000 in the last 30 days (August 21 - September 19). During the last 30 days the average sold price for a 2 bedroom home in Sarnia declined by $182,500 (29.1%) compared to the previous 30 day period (July 22 - August 20) and down $50,000 (10.1%) from the same time one year ago.There were 3 2-bedroom homes listed in Sarnia over the last 30 days (August 21 - September 19), which is up 50.0% compared with the previous 30 day period (July 22 - August 20) and up ∞ compared with the same period last year.2-bedroom homes in Sarnia typically sold ($17,400) (3.9%) below asking price over the last 30 days (August 21 - September 19), which represents a $5,000 decrease compared to the previous 30 day period (July 22 - August 20) and ($4,900) 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 homes in Sarnia over the last 30 days (August 21 - September 19) stood at 66.7%, down from 100.0% over the previous 30 days (July 22 - August 20) and down from ∞ one year ago.An average time on the market for a 2-bedroom 1-bathroom home in Sarnia stood at 29 days when successfully sold over the last 30 days (August 21 - September 19), compared to 34 days before being removed from the market upon being suspended or terminated.