LOT 16 MARCONI Crt

East I, London, N5V 0C9
FOR SALE
$949,900
LOT 16 MARCONI Crt, London
LOT 16 MARCONI Crt
LOT 16 MARCONI Crt
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4
BEDROOMS
1
BATHROOMS
1 + 1
KITCHENS
11 + 1
ROOMS
X8382430
MLSID
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Property Description
Model Home Under Construction: Alora Homes LTD Presents the Valentina 2, featuring1800 sq above grade expertly designed, premium living space in Marconi Subdivision. This gorgeous property boasts 5 bedrooms and 3.5 bathrooms on a premium pie shaped lot. Enter into the generous open concept main level featuring kitchen with quartz countertops, 9' ceiling on main level, island with breakfast bar and generous pantry. The Upper level includes 4 spacious bedrooms including primary suite, laundry room and main bathroom. Basement comes with 3 piece bathroom, generous size bedroom, featuring kitchen with Quartz countertops with side Entrance and can be rented as a separate unit. Fully finished basement has a walk up entrance that can be a separate self contained in- law suite. Premium pie shaped Lot ( Upgrade)
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-03-05 2024-03-31 171 $925,000 - Expired
2024-03-05 2024-03-31 171 $925,000 - Expired
Property Details
Community
City
Property Type
Detached, 2-Storey
Lot Size
28' x 114'
Acreage
< .50
Basement
Full
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Other
Garage Type
Attached
London Market Statistics
London Price Trend
LOT 16 MARCONI Crt is a 4-bedroom 1-bathroom home listed for sale at $949,900, which is $20,990 (2.3%) higher than the average sold price of $928,910 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 4 bedroom home in London increased by $43,750 (4.9%) compared to the previous 30 day period (July 20 - August 18) and up $96,910 (11.6%) from the same time one year ago.
Inventory Change
There were 145 4-bedroom homes listed in London over the last 30 days (August 19 - September 17), which is up 25.0% compared with the previous 30 day period (July 20 - August 18) and up 559.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in London typically sold ($40,513) (4.4%) below asking price over the last 30 days (August 19 - September 17), which represents a $18,612 decrease compared to the previous 30 day period (July 20 - August 18) and ($30,444) less than the same period last year.
Sales to New Listings Ratio
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 4-bedroom homes in London over the last 30 days (August 19 - September 17) stood at 47.6%, down from 58.6% over the previous 30 days (July 20 - August 18) and up from 36.4% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 1-bathroom home in London stood at 38 days when successfully sold over the last 30 days (August 19 - September 17), compared to 68 days before being removed from the market upon being suspended or terminated.
Listing contracted with Century 21 First Canadian Corp., Brokerage
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