8055 Highway 9

8055 Highway 9 is a 4-bedroom 1-bathroom home listed for sale at $6,000,000, which is $3,713,000 (162.4%) higher than the average sold price of $2,287,000 in the last 30 days (November 2 - December 1). During the last 30 days the average sold price for a 4 bedroom home in King declined by $539,923 (19.1%) compared to the previous 30 day period (October 3 - November 1) and up $399,400 (21.2%) from the same time one year ago.There were 22 4-bedroom homes listed in King over the last 30 days (November 2 - December 1), which is down 33.3% compared with the previous 30 day period (October 3 - November 1) and up 15.8% compared with the same period last year.4-bedroom homes in King typically sold ($146,591) (6.4%) below asking price over the last 30 days (November 2 - December 1), which represents a $97,147 increase compared to the previous 30 day period (October 3 - November 1) and ($178,489) 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 4-bedroom homes in King over the last 30 days (November 2 - December 1) stood at 72.7%, up from 39.4% over the previous 30 days (October 3 - November 1) and up from 52.6% one year ago.An average time on the market for a 4-bedroom 1-bathroom home in King stood at 32 days when successfully sold over the last 30 days (November 2 - December 1), compared to 59 days before being removed from the market upon being suspended or terminated.