East Zorra-Tavistock Real Estate Statistics

East Zorra-Tavistock Real Estate Price Trend
East Zorra-Tavistock real estate average sold price in the last 30 days (March 26 - April 24) was $888,000, which is $48,000 (5.4%) higher than the average price of $840,000 in the previous 30 day period (February 25 - March 25), and $167,000 (18.8%) up from the same period 1 year ago ($721,000). East Zorra-Tavistock real estate prices over the last 30 days are also $297,060 (33.5%) higher than the average selling price of $590,940 over the past year.
East Zorra-Tavistock average sold price for homes was $888,000 in the last 30 days (March 26 - April 24), which is $48,000 (5.4%) up from the average home price of $840,000 in the previous 30 day period (February 25 - March 25), and $167,000 (18.8%) higher than the same period 1 year ago ($721,000). In the last 30 days East Zorra-Tavistock the average home price was $293,143 (33.0%) higher than the average selling price of $594,857 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for East Zorra-Tavistock real estate was $888,000 in the last 30 days (March 26 - April 24), which is collectively $11,800 (0.8%) lower than the average asking price of $1,396,266. This represents a decline of $2,400 (25.5%) compared to $9,400 (940,000.0%) Sold-Under-Asking price from the previous 30 day period (February 25 - March 25).
The maximum Sold Over/Under Asking ratio in East Zorra-Tavistock during the last 12 months was recorded in February, 2024 with an average of $24,900 over the asking price, while the minimum occurring in April, 2023 with $201,900 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 East Zorra-Tavistock was 33.3% with 1 properties sold and 0 new properties listed in the past 30 days (March 26 - April 24). This represents a decrease from recorded during the previous 30 day period (February 25 - March 25), and a decrease from 50.0% compared to the same period one year ago.
Over the the last year the highest SNLR in East Zorra-Tavistock was 400.0% recorded in January and the lowest was in November 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.
Average Days on Market when Sold vs Delisted
The Average Days on the Market (DOM) for 1 properties that were successfully sold in East Zorra-Tavistock in the last 30 days (March 26 - April 24) was 9 days, which is 136 days less than 145 days average in the previous 30 day period (February 25 - March 25) and 2 days shorter than during the same period a year ago (11 days).
There were 11 delisted properties in East Zorra-Tavistock, those that got either Expired, Suspended or Terminated over the last 30 days (March 26 - April 24) with an average of 61 days on the market. This is 70 days shorter than the average of 131 days during the previous 30 day period (February 25 - March 25) and 19 days more compared to the same period last year average of 42 days on the market.
11 East Zorra-Tavistock properties that didn't sell stayed on the market 577.8% longer than 1 that sucessfully sold over the last 30 days - 9 days when sold vs 61 days when delisted respectively.
Average Days on the Market in East Zorra-Tavistock over the past 12 months for properties that have sold was 25.0 days, with 76.4 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
3 new properties were listed on the market in East Zorra-Tavistock in the last 30 days (March 26 - April 24). During the same time 1 properties were sold and 11 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 9 properties (or 300.0%).
During the previous 30 day period (February 25 - March 25) there were 0 new properties listed, 2 sold and 2 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was April with 4 new properties listed, the slowest - November with 0 new listings and a yearly average of 2 new listings per month.
New Real Estate Listings by Property Type
Real Estate Sales by Property Type
There were a total of 1 homes sold during the last 30 days (March 26 - April 24), which is 100.0% of all properties sold in East Zorra-Tavistock. This is a 50.0% decline compared with a previous 30 day period (February 25 - March 25) and 0.0% down from the same period a year ago. Over the past year an average of 2 homes are were sold per month.
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