Asphodel-Norwood Real Estate Statistics

Asphodel-Norwood real estate average sold price in the last 30 days (March 10 - April 8) was $681,777, which is $25,723 (3.8%) lower than the average price of $707,500 in the previous 30 day period (February 9 - March 9), and $37,889 (5.6%) up from the same period 1 year ago ($643,888). Asphodel-Norwood real estate prices over the last 30 days are also $140,214 (20.6%) higher than the average selling price of $541,563 over the past year.

Asphodel-Norwood average sold price for homes was $681,777 in the last 30 days (March 10 - April 8), which is $25,723 (3.8%) down from the average home price of $707,500 in the previous 30 day period (February 9 - March 9), and $37,889 (5.6%) higher than the same period 1 year ago ($643,888). In the last 30 days Asphodel-Norwood the average home price was $136,811 (20.1%) higher than the average selling price of $544,966 over the last 12 months.

Average selling price for Asphodel-Norwood real estate was $681,777 in the last 30 days (March 10 - April 8), which is collectively $7,500 (1.1%) lower than the average asking price of $679,907. This represents a decline of $10,500 (350.0%) compared to $3,000 (0.5%) Sold-Over-Asking price from the previous 30 day period (February 9 - March 9).

The maximum Sold Over/Under Asking ratio in Asphodel-Norwood during the last 12 months was recorded in August, 2023 with an average of $3,844 under the asking price, while the minimum occurring in December, 2023 with $40,794 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 69.2% with 9 properties sold and 11 new properties listed in the past 30 days (March 10 - April 8). This represents an increase from 18.2% recorded during the previous 30 day period (February 9 - March 9), and a decrease from 112.5% compared to the same period one year ago.

Over the the last year the highest SNLR in Asphodel-Norwood was 9,953.8% recorded in September 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.

The Average Days on the Market (DOM) for 9 properties that were successfully sold in Asphodel-Norwood in the last 30 days (March 10 - April 8) was 66 days, which is 45 days more than 21 days average in the previous 30 day period (February 9 - March 9) and 17 days longer than during the same period a year ago (49 days).

There were 2 delisted properties in Asphodel-Norwood, those that got either Expired, Suspended or Terminated over the last 30 days (March 10 - April 8) with an average of 34 days on the market. This is 68 days shorter than the average of 102 days during the previous 30 day period (February 9 - March 9) and 15 days more compared to the same period last year average of 19 days on the market.

2 Asphodel-Norwood properties that didn't sell stayed on the market 48.5% longer than 9 that sucessfully sold over the last 30 days - 66 days when sold vs 34 days when delisted respectively.

Average Days on the Market in Asphodel-Norwood over the past 12 months for properties that have sold was 40.4 days, with 77.2 days for those properties that did not sell.

13 new properties were listed on the market in Asphodel-Norwood in the last 30 days (March 10 - April 8). During the same time 9 properties were sold and 2 listings were removed from the market (Expired, Suspended or Terminated), which represents an increase in total inventory by 2 properties (or 15.4%).

During the previous 30 day period (February 9 - March 9) there were 11 new properties listed, 2 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 September with 13 new properties listed, the slowest - December with 0 new listings and a yearly average of 7 new listings per month.

There were a total of 13 homes listed during the last 30 days (March 10 - April 8), which is 100.0% of all properties listed in Asphodel-Norwood. This is a 18.2% increase compared with a previous 30 day period (February 9 - March 9) and 62.5% up from the same period a year ago. Over the past year an average of 7 homes are were listed per month.

There were a total of 9 homes sold during the last 30 days (March 10 - April 8), which is 100.0% of all properties sold in Asphodel-Norwood. This is a 350.0% increase compared with a previous 30 day period (February 9 - March 9) and 0.0% down from the same period a year ago. Over the past year an average of 116 homes are were sold per month.