East Garafraxa Real Estate Statistics

East Garafraxa real estate average sold price in the last 30 days (March 20 - April 18) was $1,725,000, which is $50,000 (2.9%) higher than the average price of $1,675,000 in the previous 30 day period (February 19 - March 19), and $802,000 (46.5%) up from the same period 1 year ago ($923,000). East Garafraxa real estate prices over the last 30 days are also $372,868 (21.6%) higher than the average selling price of $1,352,132 over the past year.

East Garafraxa average sold price for homes was $1,725,000 in the last 30 days (March 20 - April 18), which is $50,000 (2.9%) up from the average home price of $1,675,000 in the previous 30 day period (February 19 - March 19), and $802,000 (46.5%) higher than the same period 1 year ago ($923,000). In the last 30 days East Garafraxa the average home price was $372,868 (21.6%) higher than the average selling price of $1,352,132 over the last 12 months.

Average selling price for East Garafraxa real estate was $1,725,000 in the last 30 days (March 20 - April 18), which is collectively $81,900 (4.7%) lower than the average asking price of $1,737,000. This represents a decline of $82,353 (18,179.5%) compared to $453 (0.0%) Sold-Over-Asking price from the previous 30 day period (February 19 - March 19).

The maximum Sold Over/Under Asking ratio in East Garafraxa during the last 12 months was recorded in July, 2023 with an average of $7,137 over the asking price, while the minimum occurring in June, 2023 with $162,499 below the asking price.

Sales to New Listings Ratio (SNLR) represents the number of sales in relation to new inventory listed over a period of time. SNLR for all property types in East Garafraxa was 60.0% with 3 properties sold and 5 new properties listed in the past 30 days (March 20 - April 18). This represents an increase from 40.0% recorded during the previous 30 day period (February 19 - March 19), and an increase from 12.5% compared to the same period one year ago.

Over the the last year the highest SNLR in East Garafraxa was 133.3% recorded in July and the lowest was in December at 0.0%. SNLR of under 40% generally represents the Buyers' Market, while 60% and above - the Sellers' Market, with 40% to 60% range signaling a balanced market.

The Average Days on the Market (DOM) for 3 properties that were successfully sold in East Garafraxa in the last 30 days (March 20 - April 18) was 28 days, which is 22 days more than 6 days average in the previous 30 day period (February 19 - March 19) and 101 days shorter than during the same period a year ago (129 days).

There were 3 delisted properties in East Garafraxa, those that got either Expired, Suspended or Terminated over the last 30 days (March 20 - April 18) with an average of 33 days on the market. This is 13 days shorter than the average of 46 days during the previous 30 day period (February 19 - March 19) and 12 days less compared to the same period last year average of 45 days on the market.

3 East Garafraxa properties that didn't sell stayed on the market 17.9% longer than 3 that sucessfully sold over the last 30 days - 28 days when sold vs 33 days when delisted respectively.

Average Days on the Market in East Garafraxa over the past 12 months for properties that have sold was 32.9 days, with 71.3 days for those properties that did not sell.

5 new properties were listed on the market in East Garafraxa in the last 30 days (March 20 - April 18). During the same time 3 properties were sold and 3 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 1 properties (or 20.0%).

During the previous 30 day period (February 19 - March 19) there were 5 new properties listed, 2 sold and 6 properties that did not sell and were removed from the market.

Over the past year the busiest month for new listings was May with 11 new properties listed, the slowest - December with 0 new listings and a yearly average of 6 new listings per month.

There were a total of 5 homes listed during the last 30 days (March 20 - April 18), which is 100.0% of all properties listed in East Garafraxa. This is a 0.0% decline compared with a previous 30 day period (February 19 - March 19) and 37.5% down from the same period a year ago. Over the past year an average of 6 homes are were listed per month.

There were a total of 3 homes sold during the last 30 days (March 20 - April 18), which is 100.0% of all properties sold in East Garafraxa. This is a 50.0% increase compared with a previous 30 day period (February 19 - March 19) and 200.0% up from the same period a year ago. Over the past year an average of 3 homes are were sold per month.