500 Wellington St W Ph1001

500 Wellington St W Ph1001 is a 3-bedroom 3-bathroom condo listed for sale at $11,888,000, which is $10,685,467 (888.6%) higher than the average sold price of $1,202,533 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 3 bedroom condo in Downtown Toronto increased by $358,140 (42.4%) compared to the previous 30 day period (December 22 - January 20) and up $309,595 (34.7%) from the same time one year ago.There were 216 3-bedroom condos listed in Downtown Toronto over the last 30 days (January 21 - February 19), which is up 47.9% compared with the previous 30 day period (December 22 - January 20) and up 9.6% compared with the same period last year.3-bedroom condos in Downtown Toronto typically sold ($28,974) (2.4%) below asking price over the last 30 days (January 21 - February 19), which represents a $467 increase compared to the previous 30 day period (December 22 - January 20) and ($24,701) 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 condos in Downtown Toronto over the last 30 days (January 21 - February 19) stood at 23.1%, down from 34.2% over the previous 30 days (December 22 - January 20) and down from 35.5% one year ago.An average time on the market for a 3-bedroom 3-bathroom condo in Downtown Toronto stood at 33 days when successfully sold over the last 30 days (January 21 - February 19), compared to 70 days before being removed from the market upon being suspended or terminated.