16 Elks St

FOR SALE
$539,000
16 Elks St, Prince Edward County
16 Elks St
16 Elks St
16 Elks St
16 Elks St
16 Elks St
16 Elks St
16 Elks St
16 Elks St
16 Elks St
16 Elks St
16 Elks St
16 Elks St
16 Elks St
16 Elks St
16 Elks St
16 Elks St
16 Elks St
16 Elks St
16 Elks St
16 Elks St
16 Elks St
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2
BEDROOMS
3
BATHROOMS
1
KITCHENS
7
ROOMS
X8148566
MLSID
Contact Us
Property Description
Welcome to Elks Street! The home is fully furnished and licensed as a Short Term Accommodation, making it a wonderful opportunity for investors or an easy move in, all you need to do is turn the key! Just steps away from downtown Picton, this newly renovated 2 bedroom home is in close proximity to everything you could need. Wonderful restaurants, the Picton harbour, boutique shops, and all the main necessities are at your doorstep. The upper deck and backyard will give you plenty of outdoor space to enjoy and make memories.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-10-15 2024-03-15 152 $539,000 - Expired
Property Details
Street
Community
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
1100-1500
Lot Size
46' x 135'
Acreage
< .50
Fronting
North
Taxes
$2,467 (2023)
Basement
Unfinished
Exterior
Shingle, Wood
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingMain15.45' x 12.96'
KitchenMain18.11' x 15.65'
Br2nd18.14' x 15.32'3 Pc Ensuite
2nd Br2nd15.19' x 7.74'
Prince Edward County Market Statistics
Prince Edward County Price Trend
16 Elks St is a 2-bedroom 3-bathroom home listed for sale at $539,000, which is $131,500 (19.6%) lower than the average sold price of $670,500 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 2 bedroom home in Prince Edward County declined by $28,200 (4.0%) compared to the previous 30 day period (March 15 - April 13) and up $103,358 (18.2%) from the same time one year ago.
Inventory Change
There were 36 2-bedroom homes listed in Prince Edward County over the last 30 days (April 14 - May 13), which is up 50.0% compared with the previous 30 day period (March 15 - April 13) and up 125.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Prince Edward County typically sold $2,746 (0.4%) above asking price over the last 30 days (April 14 - May 13), which represents a $32,976 increase compared to the previous 30 day period (March 15 - April 13) and ($52,742) 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 Prince Edward County over the last 30 days (April 14 - May 13) stood at 41.7%, down from 41.7% over the previous 30 days (March 15 - April 13) and down from 43.8% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 3-bathroom home in Prince Edward County stood at 63 days when successfully sold over the last 30 days (April 14 - May 13), compared to 89 days before being removed from the market upon being suspended or terminated.
Listing contracted with The Agency
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