589 Watson Ave

FOR SALE
$1,099,000
589 Watson Ave, Newmarket
589 Watson Ave
589 Watson Ave
589 Watson Ave
589 Watson Ave
589 Watson Ave
589 Watson Ave
589 Watson Ave
589 Watson Ave
589 Watson Ave
589 Watson Ave
589 Watson Ave
589 Watson Ave
589 Watson Ave
589 Watson Ave
589 Watson Ave
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3 + 1
BEDROOMS
3
BATHROOMS
1 + 1
KITCHENS
7 + 3
ROOMS
N9298288
MLSID
Contact Us
Property Description
Wonderful Family home in great location. Must see this brick home located in central Newmarket. Walking distance to store, transportation, hospital and more. Mostly updated with a newly finished basement along with separate entry. Private backyard with tons of privacy. Large and spacious parking
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-09-04 2024-11-05 62 $2,950 - Terminated
2024-02-29 2024-04-25 56 $1,070,000 - Suspended
2024-01-17 2024-02-26 42 $1,075,000 - Suspended
Extras
Great Basement tenants willing to stay
Nearby Intersections
Property Features
Grnbelt/Conserv, Library, Park, Place Of Worship, Public Transit, School
Property Details
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
2000-2500
Lot Size
50' x 101'
Fronting
North
Taxes
$3,950 (2024)
Basement
Apartment
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
5
Driveway
Pvt Double
Garage Type
None
Newmarket Market Statistics
Newmarket Price Trend
589 Watson Ave is a 3-bedroom 3-bathroom home listed for sale at $1,099,000, which is $127,758 (13.2%) higher than the average sold price of $971,242 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 3 bedroom home in Newmarket declined by $31,339 (3.1%) compared to the previous 30 day period (September 21 - October 20) and up $70,042 (7.8%) from the same time one year ago.
Inventory Change
There were 43 3-bedroom homes listed in Newmarket over the last 30 days (October 21 - November 19), which is down 23.2% compared with the previous 30 day period (September 21 - October 20) and down 12.2% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Newmarket typically sold ($12,878) (1.3%) below asking price over the last 30 days (October 21 - November 19), which represents a $609 increase compared to the previous 30 day period (September 21 - October 20) and $4,729 less than the same period last year.
Sales to New Listings Ratio
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 homes in Newmarket over the last 30 days (October 21 - November 19) stood at 76.7%, up from 57.1% over the previous 30 days (September 21 - October 20) and up from 30.6% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in Newmarket stood at 29 days when successfully sold over the last 30 days (October 21 - November 19), compared to 61 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Your Community Realty
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