Cramahe Real Estate Statistics

Cramahe real estate average sold price in the last 30 days (March 10 - April 8) was $677,789, which is $41,775 (6.2%) lower than the average price of $719,564 in the previous 30 day period (February 9 - March 9), and $43,639 (6.4%) down from the same period 1 year ago ($721,428). Cramahe real estate prices over the last 30 days are also $36,480 (5.4%) higher than the average selling price of $641,309 over the past year.

Cramahe average sold price for homes was $677,789 in the last 30 days (March 10 - April 8), which is $69,627 (10.3%) down from the average home price of $747,416 in the previous 30 day period (February 9 - March 9), and $43,639 (6.4%) lower than the same period 1 year ago ($721,428). In the last 30 days Cramahe the average home price was $33,351 (4.9%) higher than the average selling price of $644,438 over the last 12 months.

Average selling price for Cramahe real estate was $677,789 in the last 30 days (March 10 - April 8), which is collectively $8,310 (0.9%) lower than the average asking price of $881,294. This represents an increase of $5,161 (38.3%) compared to $13,471 (1.6%) Sold-Under-Asking price from the previous 30 day period (February 9 - March 9).

The maximum Sold Over/Under Asking ratio in Cramahe during the last 12 months was recorded in May, 2023 with an average of $5,823 over the asking price, while the minimum occurring in November, 2023 with $51,712 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 Cramahe was 105.6% with 19 properties sold and 29 new properties listed in the past 30 days (March 10 - April 8). This represents an increase from 48.3% recorded during the previous 30 day period (February 9 - March 9), and an increase from 31.8% compared to the same period one year ago.

Over the the last year the highest SNLR in Cramahe was 2,743.2% recorded in July and the lowest was in October at 38.7%. 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 19 properties that were successfully sold in Cramahe in the last 30 days (March 10 - April 8) was 35 days, which is 23 days less than 58 days average in the previous 30 day period (February 9 - March 9) and 23 days longer than during the same period a year ago (12 days).

There were 15 delisted properties in Cramahe, those that got either Expired, Suspended or Terminated over the last 30 days (March 10 - April 8) with an average of 103 days on the market. This is 11 days longer than the average of 92 days during the previous 30 day period (February 9 - March 9) and 45 days more compared to the same period last year average of 58 days on the market.

15 Cramahe properties that didn't sell stayed on the market 194.3% longer than 19 that sucessfully sold over the last 30 days - 35 days when sold vs 103 days when delisted respectively.

Average Days on the Market in Cramahe over the past 12 months for properties that have sold was 51.0 days, with 86.2 days for those properties that did not sell.

18 new properties were listed on the market in Cramahe in the last 30 days (March 10 - April 8). During the same time 19 properties were sold and 15 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 16 properties (or 88.9%).

During the previous 30 day period (February 9 - March 9) there were 29 new properties listed, 14 sold and 4 properties that did not sell and were removed from the market.

Over the past year the busiest month for new listings was July with 37 new properties listed, the slowest - December with 6 new listings and a yearly average of 24 new listings per month.

There were a total of 18 homes listed during the last 30 days (March 10 - April 8), which is 100.0% of all properties listed in Cramahe. This is a 35.7% decline compared with a previous 30 day period (February 9 - March 9) and 10.0% down from the same period a year ago. Over the past year an average of 23 homes are were listed per month.

There were a total of 19 homes sold during the last 30 days (March 10 - April 8), which is 100.0% of all properties sold in Cramahe. This is a 58.3% increase compared with a previous 30 day period (February 9 - March 9) and 171.4% up from the same period a year ago. Over the past year an average of 110 homes are were sold per month.