47 MEADOWLANDS Dr LOT 24

47 MEADOWLANDS Dr LOT 24 is a 3-bedroom 3-bathroom home listed for sale at $1,484,900, which is $412,400 (38.5%) higher than the average sold price of $1,072,500 in the last 30 days (August 20 - September 18). During the last 30 days the average sold price for a 3 bedroom home in Norwich increased by $532,500 (98.6%) compared to the previous 30 day period (July 21 - August 19) and up $604,500 (129.2%) from the same time one year ago.There were 6 3-bedroom homes listed in Norwich over the last 30 days (August 20 - September 18), which is up 200.0% compared with the previous 30 day period (July 21 - August 19) and up 200.0% compared with the same period last year.3-bedroom homes in Norwich typically sold $25,050 (2.3%) above asking price over the last 30 days (August 20 - September 18), which represents a $42,500 increase compared to the previous 30 day period (July 21 - August 19) and ($7,000) 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 3-bedroom homes in Norwich over the last 30 days (August 20 - September 18) stood at 33.3%, down from 100.0% over the previous 30 days (July 21 - August 19) and down from 50.0% one year ago.An average time on the market for a 3-bedroom 3-bathroom home in Norwich stood at 8 days when successfully sold over the last 30 days (August 20 - September 18), compared to 91 days before being removed from the market upon being suspended or terminated.