Amaranth Real Estate Statistics
Amaranth Real Estate Price Trend
Amaranth real estate average sold price in the last 30 days (October 21 - November 19) was $1,255,000, which is $55,000 (4.4%) higher than the average price of $1,200,000 in the previous 30 day period (September 21 - October 20), and $66,275 (5.3%) down from the same period 1 year ago ($1,321,275). Amaranth real estate prices over the last 30 days are also $78,375 (6.2%) higher than the average selling price of $1,176,625 over the past year.
Amaranth average sold price for homes was $1,255,000 in the last 30 days (October 21 - November 19), which is $55,000 (4.4%) up from the average home price of $1,200,000 in the previous 30 day period (September 21 - October 20), and $66,275 (5.3%) lower than the same period 1 year ago ($1,321,275). In the last 30 days Amaranth the average home price was $78,375 (6.2%) higher than the average selling price of $1,176,625 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for Amaranth real estate was $1,255,000 in the last 30 days (October 21 - November 19), which is collectively $67,475 (3.3%) lower than the average asking price of $2,042,600. This represents an increase of $525 (0.8%) compared to $68,000 (4.4%) Sold-Under-Asking price from the previous 30 day period (September 21 - October 20).
The maximum Sold Over/Under Asking ratio in Amaranth during the last 12 months was recorded in September, 2024 with an average of $4,700 over the asking price, while the minimum occurring in November, 2023 with $97,966 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 Amaranth was 66.7% with 4 properties sold and 15 new properties listed in the past 30 days (October 21 - November 19). This represents an increase from 6.7% recorded during the previous 30 day period (September 21 - October 20), and an increase from 40.0% compared to the same period one year ago.
Over the the last year the highest SNLR in Amaranth was 40.0% recorded in February and the lowest was in August at 9.1%. 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 4 properties that were successfully sold in Amaranth in the last 30 days (October 21 - November 19) was 49 days, which is 7 days more than 42 days average in the previous 30 day period (September 21 - October 20) and 18 days longer than during the same period a year ago (31 days).
There were 7 delisted properties in Amaranth, those that got either Expired, Suspended or Terminated over the last 30 days (October 21 - November 19) with an average of 90 days on the market. This is 42 days longer than the average of 48 days during the previous 30 day period (September 21 - October 20) and 25 days more compared to the same period last year average of 65 days on the market.
7 Amaranth properties that didn't sell stayed on the market 83.7% longer than 4 that sucessfully sold over the last 30 days - 49 days when sold vs 90 days when delisted respectively.
Average Days on the Market in Amaranth over the past 12 months for properties that have sold was 39.8 days, with 85.4 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
6 new properties were listed on the market in Amaranth in the last 30 days (October 21 - November 19). During the same time 4 properties were sold and 7 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 5 properties (or 83.3%).
During the previous 30 day period (September 21 - October 20) there were 15 new properties listed, 1 sold and 11 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was August with 22 new properties listed, the slowest - December with 8 new listings and a yearly average of 12 new listings per month.
New Real Estate Listings by Property Type
There were a total of 6 homes listed during the last 30 days (October 21 - November 19), which is 100.0% of all properties listed in Amaranth. This is a 60.0% decline compared with a previous 30 day period (September 21 - October 20) and 40.0% down from the same period a year ago. Over the past year an average of 12 homes are were listed per month.
Real Estate Sales by Property Type
There were a total of 4 homes sold during the last 30 days (October 21 - November 19), which is 100.0% of all properties sold in Amaranth. This is a 300.0% increase compared with a previous 30 day period (September 21 - October 20) and 0.0% down from the same period a year ago. Over the past year an average of 3 homes are were sold per month.