1480 Bishops Gate 108

1480 Bishops Gate 108 is a 2-bedroom 1-bathroom townhome listed for sale at $529,900, which is $171,468 (24.4%) lower than the average sold price of $701,368 in the last 30 days (September 17 - October 16). During the last 30 days the average sold price for a 2 bedroom townhome in Oakville declined by $200,409 (22.2%) compared to the previous 30 day period (August 18 - September 16) and down $295,632 (29.7%) from the same time one year ago.There were 40 2-bedroom townhomes listed in Oakville over the last 30 days (September 17 - October 16), which is up 21.2% compared with the previous 30 day period (August 18 - September 16) and up 42.9% compared with the same period last year.2-bedroom townhomes in Oakville typically sold ($15,978) (2.3%) below asking price over the last 30 days (September 17 - October 16), which represents a $790 decrease compared to the previous 30 day period (August 18 - September 16) and $5,016 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 townhomes in Oakville over the last 30 days (September 17 - October 16) stood at 47.5%, up from 27.3% over the previous 30 days (August 18 - September 16) and up from 21.4% one year ago.An average time on the market for a 2-bedroom 1-bathroom townhome in Oakville stood at 25 days when successfully sold over the last 30 days (September 17 - October 16), compared to 50 days before being removed from the market upon being suspended or terminated.