255 Reid St

255 Reid St is a 5-bedroom 3-bathroom home listed for sale at $750,000, which is $700,000 (48.3%) lower than the average sold price of $1,450,000 in the last 30 days (October 13 - November 11). During the last 30 days the average sold price for a 5 bedroom home in Peterborough increased by $865,667 (148.1%) compared to the previous 30 day period (September 13 - October 12) and up $505,000 (53.4%) from the same time one year ago.There were 3 5-bedroom homes listed in Peterborough over the last 30 days (October 13 - November 11), which is down 57.1% compared with the previous 30 day period (September 13 - October 12) and down 40.0% compared with the same period last year.5-bedroom homes in Peterborough typically sold ($40,900) (2.8%) below asking price over the last 30 days (October 13 - November 11), which represents a $25,600 decrease compared to the previous 30 day period (September 13 - October 12) and ($42,400) 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 5-bedroom homes in Peterborough over the last 30 days (October 13 - November 11) stood at 33.3%, down from 42.9% over the previous 30 days (September 13 - October 12) and down from 40.0% one year ago.An average time on the market for a 5-bedroom 3-bathroom home in Peterborough stood at 18 days when successfully sold over the last 30 days (October 13 - November 11), compared to 54 days before being removed from the market upon being suspended or terminated.