East Garafraxa Real Estate Statistics

East Garafraxa Real Estate Price Trend
East Garafraxa real estate average sold price in the last 30 days (August 27 - September 25) was $1,794,691, which is $909,691 (50.7 %) higher than the average price of $885,000 in the previous 30 day period (July 28 - August 26), and $573,191 (31.9 %) up from the same period 1 year ago ($1,221,500). East Garafraxa real estate prices over the last 30 days are also $484,494 (27.0 %) higher than the average selling price of $1,310,197 over the past year.
East Garafraxa average sold price for homes was $1,794,691 in the last 30 days (August 27 - September 25), which is $909,691 (50.7 %) up from the average home price of $885,000 in the previous 30 day period (July 28 - August 26), and $573,191 (31.9 %) higher than the same period 1 year ago ($1,221,500). In the last 30 days East Garafraxa the average home price was $484,494 (27.0 %) higher than the average selling price of $1,310,197 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for East Garafraxa real estate was $1,794,691 in the last 30 days (August 27 - September 25), which is collectively $79,183 (4.0 %) higher than the average asking price of $1,981,249. This represents an increase of $143,183 (223.7 %) compared to $64,000 (3.1 %) Sold-Under-Asking price from the previous 30 day period (July 28 - August 26).
The maximum Sold Over/Under Asking ratio in East Garafraxa during the last 12 months was recorded in April, 2021 with an average of $110,500 over the asking price, while the minimum occurring in August, 2021 with $331,500 below the asking price.
Sales to New Listings Ratio
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 150.0 % with 6 properties sold and 6 new properties listed in the past 30 days (August 27 - September 25). This represents an increase from 16.7 % recorded during the previous 30 day period (July 28 - August 26), and an increase from 125.0 % compared to the same period one year ago.
Over the the last year the highest SNLR in East Garafraxa was 150.0 % recorded in November 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.
Average Days on Market when Sold vs Delisted
The Average Days on the Market (DOM) for 6 properties that were successfully sold in East Garafraxa in the last 30 days (August 27 - September 25) was 12 days, which is 9 days less than 21 days average in the previous 30 day period (July 28 - August 26) and 12 days shorter than during the same period a year ago (24 days).
There were 3 delisted properties in East Garafraxa, those that got either Expired, Suspended or Terminated over the last 30 days (August 27 - September 25) with an average of 37 days on the market. This is 8 days shorter than the average of 45 days during the previous 30 day period (July 28 - August 26) and 0 days more compared to the same period last year average of 37 days on the market.
3 East Garafraxa properties that didn't sell stayed on the market 208.3 % longer than 6 that sucessfully sold over the last 30 days - 12 days when sold vs 37 days when delisted respectively.
Average Days on the Market in East Garafraxa over the past 12 months for properties that have sold was 18.8 days, with 86.2 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
4 new properties were listed on the market in East Garafraxa in the last 30 days (August 27 - September 25). During the same time 6 properties were sold and 3 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 5 properties (or 125.0 %).
During the previous 30 day period (July 28 - August 26) there were 6 new properties listed, 1 sold and 3 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was April with 9 new properties listed, the slowest - December with 1 new listings and a yearly average of 6 new listings per month.
New Real Estate Listings by Property Type
There were a total of 4 homes listed during the last 30 days (August 27 - September 25), which is 100.0 % of all properties listed in East Garafraxa. This is a 33.3 % decline compared with a previous 30 day period (July 28 - August 26) and 0.0 % down from the same period a year ago. Over the past year an average of 6 homes are were listed per month.
Real Estate Sales by Property Type
There were a total of 6 homes sold during the last 30 days (August 27 - September 25), which is 100.0 % of all properties sold in East Garafraxa. This is a 500.0 % increase compared with a previous 30 day period (July 28 - August 26) and 20.0 % up from the same period a year ago. Over the past year an average of 5 homes are were sold per month.
DIALOG CONTENT
Would you like to receive Similar Listing Alerts as soon as they are uploaded to MLS®?
How would you rate our website?
Would you like to rate us on Google?
Yes
52490983