Amaranth Real Estate Statistics

Amaranth Real Estate Price Trend
Amaranth real estate average sold price in the last 30 days (June 1 - June 30) was $1,080,000, which is $160,300 (14.8 %) lower than the average price of $1,240,300 in the previous 30 day period (May 2 - May 31), and $162,777 (15.1 %) down from the same period 1 year ago ($1,242,777). Amaranth real estate prices over the last 30 days are also $101,770 (9.4 %) lower than the average selling price of $1,181,770 over the past year.
Amaranth average sold price for homes was $1,080,000 in the last 30 days (June 1 - June 30), which is $160,300 (14.8 %) down from the average home price of $1,240,300 in the previous 30 day period (May 2 - May 31), and $162,777 (15.1 %) lower than the same period 1 year ago ($1,242,777). In the last 30 days Amaranth the average home price was $101,770 (9.4 %) lower than the average selling price of $1,181,770 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for Amaranth real estate was $1,080,000 in the last 30 days (June 1 - June 30), which is collectively $37,450 (2.6 %) lower than the average asking price of $1,426,192. This represents a decline of $12,950 (52.9 %) compared to $24,500 (1.3 %) Sold-Under-Asking price from the previous 30 day period (May 2 - May 31).
The maximum Sold Over/Under Asking ratio in Amaranth during the last 12 months was recorded in April, 2022 with an average of $65,400 over the asking price, while the minimum occurring in September, 2021 with $39,777 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 15.4 % with 2 properties sold and 22 new properties listed in the past 30 days (June 1 - June 30). This represents a decrease from 18.2 % recorded during the previous 30 day period (May 2 - May 31), and a decrease from 75.0 % compared to the same period one year ago.
Over the the last year the highest SNLR in Amaranth was 140.0 % recorded in August and the lowest was in November at 0.0 %. 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 2 properties that were successfully sold in Amaranth in the last 30 days (June 1 - June 30) was 3 days, which is 4 days less than 7 days average in the previous 30 day period (May 2 - May 31) and 3 days shorter than during the same period a year ago (6 days).
There were 6 delisted properties in Amaranth, those that got either Expired, Suspended or Terminated over the last 30 days (June 1 - June 30) with an average of 50 days on the market. This is 21 days longer than the average of 29 days during the previous 30 day period (May 2 - May 31) and 21 days more compared to the same period last year average of 29 days on the market.
6 Amaranth properties that didn't sell stayed on the market 1,566.7 % longer than 2 that sucessfully sold over the last 30 days - 3 days when sold vs 50 days when delisted respectively.
Average Days on the Market in Amaranth over the past 12 months for properties that have sold was 14.2 days, with 67.2 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
13 new properties were listed on the market in Amaranth in the last 30 days (June 1 - June 30). During the same time 2 properties were sold and 6 listings were removed from the market (Expired, Suspended or Terminated), which represents an increase in total inventory by 5 properties (or 38.5 %).
During the previous 30 day period (May 2 - May 31) there were 22 new properties listed, 4 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 May with 23 new properties listed, the slowest - January with 3 new listings and a yearly average of 10 new listings per month.
New Real Estate Listings by Property Type
There were a total of 13 homes listed during the last 30 days (June 1 - June 30), which is 100.0 % of all properties listed in Amaranth. This is a 40.9 % decline compared with a previous 30 day period (May 2 - May 31) and 8.3 % up from the same period a year ago. Over the past year an average of 10 homes are were listed per month.
Real Estate Sales by Property Type
There were a total of 2 homes sold during the last 30 days (June 1 - June 30), which is 100.0 % of all properties sold in Amaranth. This is a 50.0 % decline compared with a previous 30 day period (May 2 - May 31) and 77.8 % down from the same period a year ago. Over the past year an average of 6 homes are were sold per month.
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