Ramara Real Estate Statistics

Ramara real estate average sold price in the last 30 days (January 21 - February 19) was $690,233, which is $26,733 (3.9%) higher than the average price of $663,500 in the previous 30 day period (December 22 - January 20), and $119,400 (17.3%) up from the same period 1 year ago ($570,833). Ramara real estate prices over the last 30 days are also $6,954 (1.0%) higher than the average selling price of $683,280 over the past year.

Ramara average sold price for homes was $690,233 in the last 30 days (January 21 - February 19), which is $34,433 (5.0%) down from the average home price of $724,666 in the previous 30 day period (December 22 - January 20), and $32,233 (4.7%) higher than the same period 1 year ago ($658,000). In the last 30 days Ramara the average home price was $32,981 (4.8%) lower than the average selling price of $723,214 over the last 12 months.

Average selling price for Ramara real estate was $690,233 in the last 30 days (January 21 - February 19), which is collectively $13,716 (1.7%) lower than the average asking price of $828,409. This represents an increase of $28,534 (67.5%) compared to $42,250 (3.2%) Sold-Under-Asking price from the previous 30 day period (December 22 - January 20).

The maximum Sold Over/Under Asking ratio in Ramara during the last 12 months was recorded in May, 2024 with an average of $11,640 under the asking price, while the minimum occurring in April, 2024 with $46,535 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 Ramara was 19.4% with 6 properties sold and 11 new properties listed in the past 30 days (January 21 - February 19). This represents a decrease from 36.4% recorded during the previous 30 day period (December 22 - January 20), and a decrease from 40.0% compared to the same period one year ago.

Over the the last year the highest SNLR in Ramara was 511.1% recorded in December and the lowest was in January at 12.5%. 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 6 properties that were successfully sold in Ramara in the last 30 days (January 21 - February 19) was 33 days, which is 46 days less than 79 days average in the previous 30 day period (December 22 - January 20) and 2 days shorter than during the same period a year ago (35 days).

There were 24 delisted properties in Ramara, those that got either Expired, Suspended or Terminated over the last 30 days (January 21 - February 19) with an average of 83 days on the market. This is 24 days shorter than the average of 107 days during the previous 30 day period (December 22 - January 20) and 9 days more compared to the same period last year average of 74 days on the market.

24 Ramara properties that didn't sell stayed on the market 151.5% longer than 6 that sucessfully sold over the last 30 days - 33 days when sold vs 83 days when delisted respectively.

Average Days on the Market in Ramara over the past 12 months for properties that have sold was 56.0 days, with 81.8 days for those properties that did not sell.

31 new properties were listed on the market in Ramara in the last 30 days (January 21 - February 19). During the same time 6 properties were sold and 24 listings were removed from the market (Expired, Suspended or Terminated), which represents an increase in total inventory by 1 properties (or 3.2%).

During the previous 30 day period (December 22 - January 20) there were 11 new properties listed, 4 sold and 27 properties that did not sell and were removed from the market.

Over the past year the busiest month for new listings was April with 66 new properties listed, the slowest - December with 18 new listings and a yearly average of 44 new listings per month.

There were a total of 27 homes listed during the last 30 days (January 21 - February 19), which is 87.1% of all properties listed in Ramara. This is a 145.5% increase compared with a previous 30 day period (December 22 - January 20) and 17.4% up from the same period a year ago. Over the past year an average of 37 homes are were listed per month.

There were a total of 6 homes sold during the last 30 days (January 21 - February 19), which is 100.0% of all properties sold in Ramara. This is a 100.0% increase compared with a previous 30 day period (December 22 - January 20) and 20.0% up from the same period a year ago. Over the past year an average of 18 homes are were sold per month.