Cramahe Real Estate Statistics

Cramahe Real Estate Price Trend
Cramahe real estate average sold price in the last 30 days (August 19 - September 17) was $818,133, which is $103,222 (12.6 %) higher than the average price of $714,911 in the previous 30 day period (July 20 - August 18), and $359,033 (43.9 %) up from the same period 1 year ago ($459,100). Cramahe real estate prices over the last 30 days are also $219,080 (26.8 %) higher than the average selling price of $599,053 over the past year.
Cramahe average sold price for homes was $818,133 in the last 30 days (August 19 - September 17), which is $88,221 (10.8 %) up from the average home price of $729,912 in the previous 30 day period (July 20 - August 18), and $359,033 (43.9 %) higher than the same period 1 year ago ($459,100). In the last 30 days Cramahe the average home price was $217,142 (26.5 %) higher than the average selling price of $600,991 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for Cramahe real estate was $818,133 in the last 30 days (August 19 - September 17), which is collectively $58,066 (7.7 %) higher than the average asking price of $752,755. This represents an increase of $44,125 (316.5 %) compared to $13,941 (1.8 %) Sold-Over-Asking price from the previous 30 day period (July 20 - August 18).
The maximum Sold Over/Under Asking ratio in Cramahe during the last 12 months was recorded in March, 2021 with an average of $63,161 over the asking price, while the minimum occurring in July, 2021 with $5,344 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 Cramahe was 100.0 % with 9 properties sold and 21 new properties listed in the past 30 days (August 19 - September 17). This represents an increase from 81.0 % recorded during the previous 30 day period (July 20 - August 18), and a decrease from 100.0 % compared to the same period one year ago.
Over the the last year the highest SNLR in Cramahe was 720.0 % recorded in December and the lowest was in July at 45.0 %. 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 9 properties that were successfully sold in Cramahe in the last 30 days (August 19 - September 17) was 19 days, which is 37 days less than 56 days average in the previous 30 day period (July 20 - August 18) and 7 days longer than during the same period a year ago (12 days).
There were 6 delisted properties in Cramahe, those that got either Expired, Suspended or Terminated over the last 30 days (August 19 - September 17) with an average of 134 days on the market. This is 129 days longer than the average of 5 days during the previous 30 day period (July 20 - August 18) and 134 days more compared to the same period last year average of 0 days on the market.
6 Cramahe properties that didn't sell stayed on the market 605.3 % longer than 9 that sucessfully sold over the last 30 days - 19 days when sold vs 134 days when delisted respectively.
Average Days on the Market in Cramahe over the past 12 months for properties that have sold was 24.2 days, with 73.2 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
9 new properties were listed on the market in Cramahe in the last 30 days (August 19 - September 17). During the same time 9 properties were sold and 6 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 6 properties (or 66.7 %).
During the previous 30 day period (July 20 - August 18) there were 21 new properties listed, 17 sold and 1 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was May with 22 new properties listed, the slowest - December with 5 new listings and a yearly average of 12 new listings per month.
New Real Estate Listings by Property Type
There were a total of 9 homes listed during the last 30 days (August 19 - September 17), which is 100.0 % of all properties listed in Cramahe. This is a 57.1 % decline compared with a previous 30 day period (July 20 - August 18) and 0.0 % down from the same period a year ago. Over the past year an average of 12 homes are were listed per month.
Real Estate Sales by Property Type
There were a total of 9 homes sold during the last 30 days (August 19 - September 17), which is 100.0 % of all properties sold in Cramahe. This is a 43.8 % decline compared with a previous 30 day period (July 20 - August 18) and 0.0 % down from the same period a year ago. Over the past year an average of 16 homes are were sold per month.
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