Bayham Real Estate Statistics

Bayham real estate average sold price in the last 30 days (April 14 - May 13) was $903,000, which is $186,334 (20.6%) higher than the average price of $716,666 in the previous 30 day period (March 15 - April 13), and $373,000 (41.3%) up from the same period 1 year ago ($530,000). Bayham real estate prices over the last 30 days are also $394,666 (43.7%) higher than the average selling price of $508,334 over the past year.

Bayham average sold price for homes was $903,000 in the last 30 days (April 14 - May 13), which is $186,334 (20.6%) up from the average home price of $716,666 in the previous 30 day period (March 15 - April 13), and $373,000 (41.3%) higher than the same period 1 year ago ($530,000). In the last 30 days Bayham the average home price was $394,646 (43.7%) higher than the average selling price of $508,354 over the last 12 months.

Average selling price for Bayham real estate was $903,000 in the last 30 days (April 14 - May 13), which is collectively $82,230 (10.5%) lower than the average asking price of $785,522. This represents a decline of $35,897 (77.5%) compared to $46,333 (6.4%) Sold-Under-Asking price from the previous 30 day period (March 15 - April 13).

The maximum Sold Over/Under Asking ratio in Bayham during the last 12 months was recorded in July, 2023 with an average of $10,100 over the asking price, while the minimum occurring in April, 2024 with $70,419 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 Bayham was 111.1% with 10 properties sold and 4 new properties listed in the past 30 days (April 14 - May 13). This represents an increase from 75.0% recorded during the previous 30 day period (March 15 - April 13), and an increase from 33.3% compared to the same period one year ago.

Over the the last year the highest SNLR in Bayham was 11,600.0% recorded in February and the lowest was in July 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.

The Average Days on the Market (DOM) for 10 properties that were successfully sold in Bayham in the last 30 days (April 14 - May 13) was 80 days, which is 20 days more than 60 days average in the previous 30 day period (March 15 - April 13) and 41 days shorter than during the same period a year ago (121 days).

There were 4 delisted properties in Bayham, those that got either Expired, Suspended or Terminated over the last 30 days (April 14 - May 13) with an average of 96 days on the market. This is 96 days longer than the average of 0 days during the previous 30 day period (March 15 - April 13) and 65 days more compared to the same period last year average of 31 days on the market.

4 Bayham properties that didn't sell stayed on the market 20.0% longer than 10 that sucessfully sold over the last 30 days - 80 days when sold vs 96 days when delisted respectively.

Average Days on the Market in Bayham over the past 12 months for properties that have sold was 58.9 days, with 78.7 days for those properties that did not sell.

9 new properties were listed on the market in Bayham in the last 30 days (April 14 - May 13). During the same time 10 properties were sold and 4 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 5 properties (or 55.6%).

During the previous 30 day period (March 15 - April 13) there were 4 new properties listed, 3 sold and 0 properties that did not sell and were removed from the market.

Over the past year the busiest month for new listings was May with 6 new properties listed, the slowest - July with 0 new listings and a yearly average of 3 new listings per month.

There were a total of 9 homes listed during the last 30 days (April 14 - May 13), which is 100.0% of all properties listed in Bayham. This is a 125.0% increase compared with a previous 30 day period (March 15 - April 13) and 200.0% up from the same period a year ago. Over the past year an average of 3 homes are were listed per month.

There were a total of 10 homes sold during the last 30 days (April 14 - May 13), which is 100.0% of all properties sold in Bayham. This is a 233.3% increase compared with a previous 30 day period (March 15 - April 13) and 900.0% up from the same period a year ago. Over the past year an average of 57 homes are were sold per month.