Cavan Monaghan Real Estate Statistics

Cavan Monaghan real estate average sold price in the last 30 days (January 21 - February 19) was $1,021,750, which is $6,250 (0.6%) lower than the average price of $1,028,000 in the previous 30 day period (December 22 - January 20), and $116,150 (11.4%) up from the same period 1 year ago ($905,600). Cavan Monaghan real estate prices over the last 30 days are also $111,143 (10.9%) higher than the average selling price of $910,607 over the past year.

Cavan Monaghan average sold price for homes was $1,021,750 in the last 30 days (January 21 - February 19), which is $6,250 (0.6%) down from the average home price of $1,028,000 in the previous 30 day period (December 22 - January 20), and $89,973 (8.8%) higher than the same period 1 year ago ($931,777). In the last 30 days Cavan Monaghan the average home price was $101,590 (9.9%) higher than the average selling price of $920,160 over the last 12 months.

Average selling price for Cavan Monaghan real estate was $1,021,750 in the last 30 days (January 21 - February 19), which is collectively $44,473 (4.0%) lower than the average asking price of $1,125,146. This represents a decline of $7,533 (20.4%) compared to $36,940 (3.2%) Sold-Under-Asking price from the previous 30 day period (December 22 - January 20).

The maximum Sold Over/Under Asking ratio in Cavan Monaghan during the last 12 months was recorded in December, 2024 with an average of $7,670 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 80.0% with 12 properties sold and 18 new properties listed in the past 30 days (January 21 - February 19). This represents an increase from 27.8% recorded during the previous 30 day period (December 22 - January 20), and an increase from 71.4% compared to the same period one year ago.

Over the the last year the highest SNLR in Cavan Monaghan was 185.7% recorded in December and the lowest was in January at 23.8%. 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 12 properties that were successfully sold in Cavan Monaghan in the last 30 days (January 21 - February 19) was 85 days, which is 30 days more than 55 days average in the previous 30 day period (December 22 - January 20) and 32 days longer than during the same period a year ago (53 days).

There were 5 delisted properties in Cavan Monaghan, those that got either Expired, Suspended or Terminated over the last 30 days (January 21 - February 19) with an average of 80 days on the market. This is 19 days shorter than the average of 99 days during the previous 30 day period (December 22 - January 20) and 2 days less compared to the same period last year average of 82 days on the market.

5 Cavan Monaghan properties that didn't sell stayed on the market 5.9% longer than 12 that sucessfully sold over the last 30 days - 85 days when sold vs 80 days when delisted respectively.

Average Days on the Market in Cavan Monaghan over the past 12 months for properties that have sold was 36.0 days, with 77.4 days for those properties that did not sell.

15 new properties were listed on the market in Cavan Monaghan in the last 30 days (January 21 - February 19). During the same time 12 properties were sold and 5 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 2 properties (or 13.3%).

During the previous 30 day period (December 22 - January 20) there were 18 new properties listed, 5 sold and 21 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 - December with 7 new listings and a yearly average of 25 new listings per month.

There were a total of 14 homes listed during the last 30 days (January 21 - February 19), which is 93.3% of all properties listed in Cavan Monaghan. This is a 22.2% decline compared with a previous 30 day period (December 22 - January 20) and 7.7% up from the same period a year ago. Over the past year an average of 24 homes are were listed per month.

There were a total of 12 homes sold during the last 30 days (January 21 - February 19), which is 100.0% of all properties sold in Cavan Monaghan. This is a 140.0% increase compared with a previous 30 day period (December 22 - January 20) and 33.3% up from the same period a year ago. Over the past year an average of 12 homes are were sold per month.