2640 Midland Ave

2640 Midland Ave is a 3-bedroom 4-bathroom home listed for sale at $15,000,000, which is $13,656,118 (1,016.2%) higher than the average sold price of $1,343,882 in the last 30 days (October 24 - November 22). During the last 30 days the average sold price for a 3 bedroom home in Scarborough increased by $14,967 (1.1%) compared to the previous 30 day period (September 24 - October 23) and up $87,094 (6.9%) from the same time one year ago.There were 830 3-bedroom homes listed in Scarborough over the last 30 days (October 24 - November 22), which is down 16.8% compared with the previous 30 day period (September 24 - October 23) and up 7.5% compared with the same period last year.3-bedroom homes in Scarborough typically sold ($11,424) (0.9%) below asking price over the last 30 days (October 24 - November 22), which represents a $16,512 decrease compared to the previous 30 day period (September 24 - October 23) and ($472) 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 3-bedroom homes in Scarborough over the last 30 days (October 24 - November 22) stood at 69.0%, up from 62.7% over the previous 30 days (September 24 - October 23) and up from 54.1% one year ago.An average time on the market for a 3-bedroom 4-bathroom home in Scarborough stood at 20 days when successfully sold over the last 30 days (October 24 - November 22), compared to 48 days before being removed from the market upon being suspended or terminated.