Cramahe Real Estate Statistics

Cramahe real estate average sold price in the last 30 days (January 21 - February 19) was $699,583, which is $29,917 (4.3%) higher than the average price of $669,666 in the previous 30 day period (December 22 - January 20), and $65,417 (9.4%) up from the same period 1 year ago ($634,166). Cramahe real estate prices over the last 30 days are also $17,360 (2.5%) higher than the average selling price of $682,223 over the past year.

Cramahe average sold price for homes was $699,583 in the last 30 days (January 21 - February 19), which is $1,208 (0.2%) up from the average home price of $698,375 in the previous 30 day period (December 22 - January 20), and $65,417 (9.4%) higher than the same period 1 year ago ($634,166). In the last 30 days Cramahe the average home price was $8,362 (1.2%) higher than the average selling price of $691,221 over the last 12 months.

Average selling price for Cramahe real estate was $699,583 in the last 30 days (January 21 - February 19), which is collectively $22,325 (2.9%) lower than the average asking price of $782,921. This represents a decline of $8,781 (64.8%) compared to $13,544 (1.8%) Sold-Under-Asking price from the previous 30 day period (December 22 - January 20).

The maximum Sold Over/Under Asking ratio in Cramahe during the last 12 months was recorded in May, 2024 with an average of $17,240 over the asking price, while the minimum occurring in September, 2024 with $38,414 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 63.2% with 12 properties sold and 7 new properties listed in the past 30 days (January 21 - February 19). This represents a decrease from 128.6% recorded during the previous 30 day period (December 22 - January 20), and an increase from 35.3% compared to the same period one year ago.

Over the the last year the highest SNLR in Cramahe was 150.0% recorded in October and the lowest was in July at 29.4%. 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 12 properties that were successfully sold in Cramahe in the last 30 days (January 21 - February 19) was 59 days, which is 34 days less than 93 days average in the previous 30 day period (December 22 - January 20) and 23 days shorter than during the same period a year ago (82 days).

There were 5 delisted properties in Cramahe, those that got either Expired, Suspended or Terminated over the last 30 days (January 21 - February 19) with an average of 99 days on the market. This is 9 days longer than the average of 90 days during the previous 30 day period (December 22 - January 20) and 23 days more compared to the same period last year average of 76 days on the market.

5 Cramahe properties that didn't sell stayed on the market 67.8% longer than 12 that sucessfully sold over the last 30 days - 59 days when sold vs 99 days when delisted respectively.

Average Days on the Market in Cramahe over the past 12 months for properties that have sold was 45.9 days, with 81.0 days for those properties that did not sell.

19 new properties were listed on the market in Cramahe in the last 30 days (January 21 - February 19). During the same time 12 properties were sold and 5 listings were removed from the market (Expired, Suspended or Terminated), which represents an increase in total inventory by 2 properties (or 10.5%).

During the previous 30 day period (December 22 - January 20) there were 7 new properties listed, 9 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 July with 34 new properties listed, the slowest - December with 6 new listings and a yearly average of 20 new listings per month.

There were a total of 19 homes listed during the last 30 days (January 21 - February 19), which is 100.0% of all properties listed in Cramahe. This is a 171.4% increase compared with a previous 30 day period (December 22 - January 20) and 11.8% up from the same period a year ago. Over the past year an average of 19 homes are were listed per month.

There were a total of 12 homes sold during the last 30 days (January 21 - February 19), which is 100.0% of all properties sold in Cramahe. This is a 50.0% increase compared with a previous 30 day period (December 22 - January 20) and 100.0% up from the same period a year ago. Over the past year an average of 11 homes are were sold per month.