5244 Cedar Springs Rd

5244 Cedar Springs Rd is a 3-bedroom 2-bathroom home listed for sale at $1,399,900, which is $297,236 (27.0%) higher than the average sold price of $1,102,664 in the last 30 days (October 22 - November 20). During the last 30 days the average sold price for a 3 bedroom home in Burlington declined by $119,836 (9.8%) compared to the previous 30 day period (September 22 - October 21) and down $127,324 (10.4%) from the same time one year ago.There were 109 3-bedroom homes listed in Burlington over the last 30 days (October 22 - November 20), which is up 0.9% compared with the previous 30 day period (September 22 - October 21) and up 28.2% compared with the same period last year.3-bedroom homes in Burlington typically sold ($20,752) (1.9%) below asking price over the last 30 days (October 22 - November 20), which represents a $16,228 increase compared to the previous 30 day period (September 22 - October 21) and ($37,565) 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 3-bedroom homes in Burlington over the last 30 days (October 22 - November 20) stood at 89.0%, up from 75.9% over the previous 30 days (September 22 - October 21) and up from 51.8% one year ago.An average time on the market for a 3-bedroom 2-bathroom home in Burlington stood at 32 days when successfully sold over the last 30 days (October 22 - November 20), compared to 40 days before being removed from the market upon being suspended or terminated.