514 Adelaide St W

514 Adelaide St W is a 5-bedroom 2-bathroom home listed for sale at $2,800,000, which is $140,428 (4.8%) lower than the average sold price of $2,940,428 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 5 bedroom home in Downtown Toronto increased by $154,872 (5.6%) compared to the previous 30 day period (September 21 - October 20) and up $283,513 (10.7%) from the same time one year ago.There were 115 5-bedroom homes listed in Downtown Toronto over the last 30 days (October 21 - November 19), which is down 30.3% compared with the previous 30 day period (September 21 - October 20) and up 21.1% compared with the same period last year.5-bedroom homes in Downtown Toronto typically sold ($110,325) (3.8%) below asking price over the last 30 days (October 21 - November 19), which represents a $41,069 decrease compared to the previous 30 day period (September 21 - October 20) and ($117,415) 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 Downtown Toronto over the last 30 days (October 21 - November 19) stood at 60.9%, up from 31.5% over the previous 30 days (September 21 - October 20) and up from 36.8% one year ago.An average time on the market for a 5-bedroom 2-bathroom home in Downtown Toronto stood at 31 days when successfully sold over the last 30 days (October 21 - November 19), compared to 67 days before being removed from the market upon being suspended or terminated.