1480 Bishops Gate 108

1480 Bishops Gate 108 is a 1-bedroom 1-bathroom condo listed for sale at $489,900, which is $70,638 (12.6%) lower than the average sold price of $560,538 in the last 30 days (November 4 - December 3). During the last 30 days the average sold price for a 1 bedroom condo in Oakville increased by $22,122 (4.1%) compared to the previous 30 day period (October 5 - November 3) and down $3,212 (0.6%) from the same time one year ago.There were 56 1-bedroom condos listed in Oakville over the last 30 days (November 4 - December 3), which is up 3.7% compared with the previous 30 day period (October 5 - November 3) and up 51.4% compared with the same period last year.1-bedroom condos in Oakville typically sold ($19,938) (3.6%) below asking price over the last 30 days (November 4 - December 3), which represents a $5,024 decrease compared to the previous 30 day period (October 5 - November 3) and ($14,250) 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 1-bedroom condos in Oakville over the last 30 days (November 4 - December 3) stood at 23.2%, up from 22.2% over the previous 30 days (October 5 - November 3) and up from 10.8% one year ago.An average time on the market for a 1-bedroom 1-bathroom condo in Oakville stood at 40 days when successfully sold over the last 30 days (November 4 - December 3), compared to 71 days before being removed from the market upon being suspended or terminated.