1059 Hermans Rd

1059 Hermans Rd is a 2-bedroom 1-bathroom home listed for sale at $1,277,900, which is $650,900 (103.8%) higher than the average sold price of $627,000 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 2 bedroom home in Lake of Bays declined by $88,000 (12.3%) compared to the previous 30 day period (September 21 - October 20) and down $3,473,000 (84.7%) from the same time one year ago.There were 1 2-bedroom homes listed in Lake of Bays over the last 30 days (October 21 - November 19), which is up ∞ compared with the previous 30 day period (September 21 - October 20) and up ∞ compared with the same period last year.2-bedroom homes in Lake of Bays typically sold ($22,000) (3.5%) below asking price over the last 30 days (October 21 - November 19), which represents a $2,000 increase compared to the previous 30 day period (September 21 - October 20) and ($400,000) 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 2-bedroom homes in Lake of Bays over the last 30 days (October 21 - November 19) stood at 100.0%, down from ∞ over the previous 30 days (September 21 - October 20) and down from ∞ one year ago.An average time on the market for a 2-bedroom 1-bathroom home in Lake of Bays stood at 77 days when successfully sold over the last 30 days (October 21 - November 19), compared to 48 days before being removed from the market upon being suspended or terminated.