Cavan Monaghan Real Estate Statistics

Cavan Monaghan real estate average sold price in the last 30 days (November 21 - December 20) was $886,181, which is $153,819 (17.4%) lower than the average price of $1,040,000 in the previous 30 day period (October 22 - November 20), and $74,500 (8.4%) up from the same period 1 year ago ($811,681). Cavan Monaghan real estate prices over the last 30 days are also $44,483 (5.0%) lower than the average selling price of $930,664 over the past year.

Cavan Monaghan average sold price for homes was $886,181 in the last 30 days (November 21 - December 20), which is $153,819 (17.4%) down from the average home price of $1,040,000 in the previous 30 day period (October 22 - November 20), and $74,500 (8.4%) higher than the same period 1 year ago ($811,681). In the last 30 days Cavan Monaghan the average home price was $61,624 (7.0%) lower than the average selling price of $947,805 over the last 12 months.

Average selling price for Cavan Monaghan real estate was $886,181 in the last 30 days (November 21 - December 20), which is collectively $15,929 (1.4%) higher than the average asking price of $1,112,223. This represents an increase of $56,662 (139.1%) compared to $40,733 (3.9%) Sold-Under-Asking price from the previous 30 day period (October 22 - November 20).

The maximum Sold Over/Under Asking ratio in Cavan Monaghan during the last 12 months was recorded in March, 2024 with an average of $7,575 over the asking price, while the minimum occurring in August, 2024 with $39,500 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 Cavan Monaghan was 137.5% with 11 properties sold and 28 new properties listed in the past 30 days (November 21 - December 20). This represents an increase from 21.4% recorded during the previous 30 day period (October 22 - November 20), and an increase from 122.2% compared to the same period one year ago.

Over the the last year the highest SNLR in Cavan Monaghan was 92.9% recorded in February and the lowest was in March at 16.7%. 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 11 properties that were successfully sold in Cavan Monaghan in the last 30 days (November 21 - December 20) was 48 days, which is 1 days more than 47 days average in the previous 30 day period (October 22 - November 20) and 9 days longer than during the same period a year ago (39 days).

There were 10 delisted properties in Cavan Monaghan, those that got either Expired, Suspended or Terminated over the last 30 days (November 21 - December 20) with an average of 116 days on the market. This is 8 days longer than the average of 108 days during the previous 30 day period (October 22 - November 20) and 38 days more compared to the same period last year average of 78 days on the market.

10 Cavan Monaghan properties that didn't sell stayed on the market 141.7% longer than 11 that sucessfully sold over the last 30 days - 48 days when sold vs 116 days when delisted respectively.

Average Days on the Market in Cavan Monaghan over the past 12 months for properties that have sold was 29.9 days, with 72.6 days for those properties that did not sell.

8 new properties were listed on the market in Cavan Monaghan in the last 30 days (November 21 - December 20). During the same time 11 properties were sold and 10 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 13 properties (or 162.5%).

During the previous 30 day period (October 22 - November 20) there were 28 new properties listed, 6 sold and 28 properties that did not sell and were removed from the market.

Over the past year the busiest month for new listings was April with 34 new properties listed, the slowest - January with 14 new listings and a yearly average of 25 new listings per month.

There were a total of 7 homes listed during the last 30 days (November 21 - December 20), which is 87.5% of all properties listed in Cavan Monaghan. This is a 73.1% decline compared with a previous 30 day period (October 22 - November 20) and 12.5% down from the same period a year ago. Over the past year an average of 24 homes are were listed per month.

1 townhomes were listed over the last 30 days (November 21 - December 20) in Cavan Monaghan, which is 12.5% of all new real estate inventory. This is a 50.0% less than during the previous 30 day period (October 22 - November 20) and 0.0% decrease compared to the same period a year ago. During the last year the average number of townhomes listed stood at 1 a month.

There were a total of 11 homes sold during the last 30 days (November 21 - December 20), which is 100.0% of all properties sold in Cavan Monaghan. This is a 83.3% increase compared with a previous 30 day period (October 22 - November 20) and 0.0% down from the same period a year ago. Over the past year an average of 11 homes are were sold per month.