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 (January 21 - February 19) was $754,000, which is $1,444,554 (191.6%) lower than the average price of $2,198,554 in the previous 30 day period (December 22 - January 20), and $260,828 (34.6%) up from the same period 1 year ago ($493,172). East Zorra-Tavistock real estate prices over the last 30 days are also $62,644 (8.3%) lower than the average selling price of $816,644 over the past year.
East Zorra-Tavistock average sold price for homes was $754,000 in the last 30 days (January 21 - February 19), which is $1,444,554 (191.6%) down from the average home price of $2,198,554 in the previous 30 day period (December 22 - January 20), and $260,828 (34.6%) higher than the same period 1 year ago ($493,172). In the last 30 days East Zorra-Tavistock the average home price was $61,189 (8.1%) lower than the average selling price of $815,189 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for East Zorra-Tavistock real estate was $754,000 in the last 30 days (January 21 - February 19), which is collectively $3,500 (0.5%) lower than the average asking price of $733,772. This represents an increase of $29,833 (89.5%) compared to $33,333 (3.8%) Sold-Under-Asking price from the previous 30 day period (December 22 - January 20).
The maximum Sold Over/Under Asking ratio in East Zorra-Tavistock during the last 12 months was recorded in September, 2024 with an average of $0 over the asking price, while the minimum occurring in August, 2024 with $56,450 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 27.3% with 3 properties sold and 7 new properties listed in the past 30 days (January 21 - February 19). This represents a decrease from 42.9% recorded during the previous 30 day period (December 22 - January 20), and a decrease from ∞ compared to the same period one year ago.
Over the the last year the highest SNLR in East Zorra-Tavistock was 4,300.0% recorded in December and the lowest was in September 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 3 properties that were successfully sold in East Zorra-Tavistock in the last 30 days (January 21 - February 19) was 28 days, which is 59 days less than 87 days average in the previous 30 day period (December 22 - January 20) and 32 days shorter than during the same period a year ago (60 days).
There were 7 delisted properties in East Zorra-Tavistock, those that got either Expired, Suspended or Terminated over the last 30 days (January 21 - February 19) with an average of 68 days on the market. This is 25 days shorter than the average of 93 days during the previous 30 day period (December 22 - January 20) and 25 days less compared to the same period last year average of 93 days on the market.
7 East Zorra-Tavistock properties that didn't sell stayed on the market 142.9% longer than 3 that sucessfully sold over the last 30 days - 28 days when sold vs 68 days when delisted respectively.
Average Days on the Market in East Zorra-Tavistock over the past 12 months for properties that have sold was 31.7 days, with 77.0 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
11 new properties were listed on the market in East Zorra-Tavistock in the last 30 days (January 21 - February 19). During the same time 3 properties were sold and 7 listings were removed from the market (Expired, Suspended or Terminated), which represents an increase in total inventory by 1 properties (or 9.1%).
During the previous 30 day period (December 22 - January 20) there were 7 new properties listed, 3 sold and 9 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was January with 14 new properties listed, the slowest - August with 3 new listings and a yearly average of 5 new listings per month.
New Real Estate Listings by Property Type
Real Estate Sales by Property Type
There were a total of 3 homes sold during the last 30 days (January 21 - February 19), which is 100.0% of all properties sold in East Zorra-Tavistock. This is a 0.0% decline compared with a previous 30 day period (December 22 - January 20) and 72.7% down from the same period a year ago. Over the past year an average of 20 homes are were sold per month.