655 Gorham St

FOR SALE
$899,000
655 Gorham St, Newmarket
655 Gorham St
655 Gorham St
655 Gorham St
655 Gorham St
655 Gorham St
655 Gorham St
655 Gorham St
655 Gorham St
655 Gorham St
655 Gorham St
655 Gorham St
655 Gorham St
655 Gorham St
655 Gorham St
655 Gorham St
655 Gorham St
655 Gorham St
655 Gorham St
655 Gorham St
655 Gorham St
655 Gorham St
655 Gorham St
655 Gorham St
655 Gorham St
655 Gorham St
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2
BEDROOMS
1
BATHROOMS
1
KITCHENS
7
ROOMS
N8464142
MLSID
Contact Us
Property Description
Home Sweet Home... This spacious, 2 bedroom home is perfect for someone entering the market or someone wishing to downsize. Built in 1885, this 'Victorian Worker Cottage' is situated on a large 70' x 130' lot, in the heart of Newmarket, it is steps to Historic Main Street, Fairy Lake, and Wesley Brooks Conservation Area. A home that is gorgeous throughout! Featuring 9 ft. ceilings in the entry way and living room, updated kitchen and bathroom as well as newer windows throughout. Enjoy afternoons and evenings on the cedar deck that overlooks Don McKnight Field.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-06-11 2024-06-20 9 $799,000 - Terminated
Property Details
Street
Property Type
Detached, Bungalow
Lot Size
71' x 130'
Fronting
North
Taxes
$5,098 (2023)
Basement
Part Bsmt
Exterior
Alum Siding, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
6
Driveway
Private
Garage Type
Carport
Room Summary
RoomLevelSizeFeatures
LivingMain11.65' x 20.96'Hardwood Floor, Large Window
DiningMain11.32' x 12.96'Hardwood Floor, Large Window
KitchenMain8.07' x 12.96'Ceramic Floor, B/I Dishwasher, Backsplash
FamilyMain12.50' x 15.58'Bay Window, W/O To Deck, Ceramic Floor
Prim BdrmMain12.14' x 17.26'Hardwood Floor, Closet, Window
2nd BrMain9.78' x 11.38'Broadloom, Closet, Window
OfficeMain6.23' x 13.68'Ceramic Floor, Skylight, Window
Newmarket Market Statistics
Newmarket Price Trend
655 Gorham St is a 2-bedroom 1-bathroom home listed for sale at $899,000, which is $87,500 (8.9%) lower than the average sold price of $986,500 in the last 30 days (August 16 - September 14). During the last 30 days the average sold price for a 2 bedroom home in Newmarket declined by $122,250 (11.0%) compared to the previous 30 day period (July 17 - August 15) and up $77,215 (8.5%) from the same time one year ago.
Inventory Change
There were 7 2-bedroom homes listed in Newmarket over the last 30 days (August 16 - September 14), which is up 133.3% compared with the previous 30 day period (July 17 - August 15) and up 40.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Newmarket typically sold ($11,500) (1.2%) below asking price over the last 30 days (August 16 - September 14), which represents a $21,950 increase compared to the previous 30 day period (July 17 - August 15) and ($44,000) more 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 2-bedroom homes in Newmarket over the last 30 days (August 16 - September 14) stood at 14.3%, down from 133.3% over the previous 30 days (July 17 - August 15) and down from 140.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom home in Newmarket stood at 21 days when successfully sold over the last 30 days (August 16 - September 14), compared to 54 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Your Community Realty
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