Asphodel-Norwood Real Estate Statistics

Asphodel-Norwood real estate average sold price in the last 30 days (January 21 - February 19) was $843,500, which is $613,500 (72.7%) higher than the average price of $230,000 in the previous 30 day period (December 22 - January 20), and $198,500 (23.5%) up from the same period 1 year ago ($645,000). Asphodel-Norwood real estate prices over the last 30 days are also $256,626 (30.4%) higher than the average selling price of $586,874 over the past year.

Asphodel-Norwood average sold price for homes was $843,500 in the last 30 days (January 21 - February 19), which is $613,500 (72.7%) up from the average home price of $230,000 in the previous 30 day period (December 22 - January 20), and $198,500 (23.5%) higher than the same period 1 year ago ($645,000). In the last 30 days Asphodel-Norwood the average home price was $256,626 (30.4%) higher than the average selling price of $586,874 over the last 12 months.

Average selling price for Asphodel-Norwood real estate was $843,500 in the last 30 days (January 21 - February 19), which is collectively $6,400 (0.8%) lower than the average asking price of $774,617. This represents an increase of $62,600 (90.7%) compared to $69,000 (9.7%) Sold-Under-Asking price from the previous 30 day period (December 22 - January 20).

The maximum Sold Over/Under Asking ratio in Asphodel-Norwood during the last 12 months was recorded in December, 2024 with an average of $4,325 under the asking price, while the minimum occurring in January, 2025 with $31,300 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 Asphodel-Norwood was 41.2% with 7 properties sold and 4 new properties listed in the past 30 days (January 21 - February 19). This represents an increase from 25.0% recorded during the previous 30 day period (December 22 - January 20), and a decrease from 80.0% compared to the same period one year ago.

Over the the last year the highest SNLR in Asphodel-Norwood was 109.1% recorded in October and the lowest was in September at 12.5%. 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 7 properties that were successfully sold in Asphodel-Norwood in the last 30 days (January 21 - February 19) was 48 days, which is 33 days more than 15 days average in the previous 30 day period (December 22 - January 20) and 5 days longer than during the same period a year ago (43 days).

There were 4 delisted properties in Asphodel-Norwood, those that got either Expired, Suspended or Terminated over the last 30 days (January 21 - February 19) with an average of 105 days on the market. This is 40 days shorter than the average of 145 days during the previous 30 day period (December 22 - January 20) and 105 days more compared to the same period last year average of 0 days on the market.

4 Asphodel-Norwood properties that didn't sell stayed on the market 118.8% longer than 7 that sucessfully sold over the last 30 days - 48 days when sold vs 105 days when delisted respectively.

Average Days on the Market in Asphodel-Norwood over the past 12 months for properties that have sold was 44.9 days, with 81.3 days for those properties that did not sell.

17 new properties were listed on the market in Asphodel-Norwood in the last 30 days (January 21 - February 19). During the same time 7 properties were sold and 4 listings were removed from the market (Expired, Suspended or Terminated), which represents an increase in total inventory by 6 properties (or 35.3%).

During the previous 30 day period (December 22 - January 20) there were 4 new properties listed, 1 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 19 new properties listed, the slowest - December with 3 new listings and a yearly average of 12 new listings per month.

There were a total of 17 homes listed during the last 30 days (January 21 - February 19), which is 100.0% of all properties listed in Asphodel-Norwood. This is a 325.0% increase compared with a previous 30 day period (December 22 - January 20) and 240.0% up from the same period a year ago. Over the past year an average of 12 homes are were listed per month.

There were a total of 7 homes sold during the last 30 days (January 21 - February 19), which is 100.0% of all properties sold in Asphodel-Norwood. This is a 600.0% increase compared with a previous 30 day period (December 22 - January 20) and 75.0% up from the same period a year ago. Over the past year an average of 5 homes are were sold per month.