8055 Highway 9

8055 Highway 9 is a 4-bedroom 1-bathroom home listed for sale at $6,000,000, which is $3,958,112 (193.8%) higher than the average sold price of $2,041,888 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 4 bedroom home in King declined by $558,334 (21.5%) compared to the previous 30 day period (March 15 - April 13) and down $239,170 (10.5%) from the same time one year ago.There were 40 4-bedroom homes listed in King over the last 30 days (April 14 - May 13), which is up 66.7% compared with the previous 30 day period (March 15 - April 13) and up 25.0% compared with the same period last year.4-bedroom homes in King typically sold ($91,000) (4.5%) below asking price over the last 30 days (April 14 - May 13), which represents a $44,888 increase compared to the previous 30 day period (March 15 - April 13) and ($86,352) 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 4-bedroom homes in King over the last 30 days (April 14 - May 13) stood at 22.5%, down from 37.5% over the previous 30 days (March 15 - April 13) and down from 53.1% one year ago.An average time on the market for a 4-bedroom 1-bathroom home in King stood at 13 days when successfully sold over the last 30 days (April 14 - May 13), compared to 41 days before being removed from the market upon being suspended or terminated.