Cavan Monaghan Real Estate Statistics

Cavan Monaghan real estate average sold price in the last 30 days (March 23 - April 21) was $1,144,992, which is $279,881 (24.4%) higher than the average price of $865,111 in the previous 30 day period (February 22 - March 22), and $296,104 (25.9%) up from the same period 1 year ago ($848,888). Cavan Monaghan real estate prices over the last 30 days are also $368,801 (32.2%) higher than the average selling price of $776,191 over the past year.

Cavan Monaghan average sold price for homes was $1,235,454 in the last 30 days (March 23 - April 21), which is $342,204 (27.7%) up from the average home price of $893,250 in the previous 30 day period (February 22 - March 22), and $351,169 (28.4%) higher than the same period 1 year ago ($884,285). In the last 30 days Cavan Monaghan the average home price was $445,439 (36.1%) higher than the average selling price of $790,015 over the last 12 months.

Average sold price of Cavan Monaghan townhouse was $647,450 in the last 30 days (March 23 - April 21), up $7,450 (1.2%) from the average townhome price of $640,000 over the previous 30 days (February 22 - March 22), and $77,550 (12.0%) lower than during to the same period 1 year ago ($725,000). Over the last 30 days the average townhouse price in Cavan Monaghan was $210,885 (32.6%) higher compared to the average selling price of $436,565 over the last 12 months.

Average selling price for Cavan Monaghan real estate was $1,144,992 in the last 30 days (March 23 - April 21), which is collectively $98,523 (10.4%) lower than the average asking price of $943,594. This represents a decline of $94,390 (2,283.8%) compared to $4,133 (0.4%) Sold-Under-Asking price from the previous 30 day period (February 22 - March 22).

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 December, 2023 with $43,328 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 36.1% with 13 properties sold and 18 new properties listed in the past 30 days (March 23 - April 21). This represents a decrease from 50.0% recorded during the previous 30 day period (February 22 - March 22), and a decrease from 56.2% compared to the same period one year ago.

Over the the last year the highest SNLR in Cavan Monaghan was 7,492.3% recorded in September 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 13 properties that were successfully sold in Cavan Monaghan in the last 30 days (March 23 - April 21) was 39 days, which is 30 days more than 9 days average in the previous 30 day period (February 22 - March 22) and 20 days longer than during the same period a year ago (19 days).

There were 22 delisted properties in Cavan Monaghan, those that got either Expired, Suspended or Terminated over the last 30 days (March 23 - April 21) with an average of 111 days on the market. This is 67 days longer than the average of 44 days during the previous 30 day period (February 22 - March 22) and 78 days more compared to the same period last year average of 33 days on the market.

22 Cavan Monaghan properties that didn't sell stayed on the market 184.6% longer than 13 that sucessfully sold over the last 30 days - 39 days when sold vs 111 days when delisted respectively.

Average Days on the Market in Cavan Monaghan over the past 12 months for properties that have sold was 33.9 days, with 64.9 days for those properties that did not sell.

36 new properties were listed on the market in Cavan Monaghan in the last 30 days (March 23 - April 21). During the same time 13 properties were sold and 22 listings were removed from the market (Expired, Suspended or Terminated), which represents an increase in total inventory by 1 properties (or 2.8%).

During the previous 30 day period (February 22 - March 22) there were 18 new properties listed, 9 sold and 8 properties that did not sell and were removed from the market.

Over the past year the busiest month for new listings was June with 31 new properties listed, the slowest - December with 3 new listings and a yearly average of 19 new listings per month.

There were a total of 34 homes listed during the last 30 days (March 23 - April 21), which is 94.4% of all properties listed in Cavan Monaghan. This is a 100.0% increase compared with a previous 30 day period (February 22 - March 22) and 112.5% up from the same period a year ago. Over the past year an average of 18 homes are were listed per month.

There were a total of 11 homes sold during the last 30 days (March 23 - April 21), which is 84.6% of all properties sold in Cavan Monaghan. This is a 37.5% increase compared with a previous 30 day period (February 22 - March 22) and 57.1% up from the same period a year ago. Over the past year an average of 181 homes are were sold per month.

2 townhomes were sold over the last 30 days (March 23 - April 21) in Cavan Monaghan, which is 15.4% of all sold real estate. This is a 100.0% more than during the previous 30 day period (February 22 - March 22) and 0.0% decrease compared to the same period a year ago. During the last year the average number of townhomes sold stood at 4 a month.