Bayham Real Estate Statistics

Bayham real estate average sold price in the last 30 days (January 21 - February 19) was $490,000, which is $106,416 (21.7%) lower than the average price of $596,416 in the previous 30 day period (December 22 - January 20), and $252,425 (51.5%) up from the same period 1 year ago ($237,575). Bayham real estate prices over the last 30 days are also $191,657 (39.1%) lower than the average selling price of $681,657 over the past year.

Bayham average sold price for homes was $490,000 in the last 30 days (January 21 - February 19), which is $106,416 (21.7%) down from the average home price of $596,416 in the previous 30 day period (December 22 - January 20), and $252,152 (51.5%) higher than the same period 1 year ago ($237,848). In the last 30 days Bayham the average home price was $191,630 (39.1%) lower than the average selling price of $681,630 over the last 12 months.

Average selling price for Bayham real estate was $490,000 in the last 30 days (January 21 - February 19), which is collectively $9,900 (0.8%) lower than the average asking price of $1,225,316. This represents an increase of $15,133 (60.5%) compared to $25,033 (4.6%) Sold-Under-Asking price from the previous 30 day period (December 22 - January 20).

The maximum Sold Over/Under Asking ratio in Bayham during the last 12 months was recorded in August, 2024 with an average of $3,771 under 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 16.7% with 1 properties sold and 1 new properties listed in the past 30 days (January 21 - February 19). This represents a decrease from 600.0% recorded during the previous 30 day period (December 22 - January 20), and a decrease from 12,200.0% compared to the same period one year ago.

Over the the last year the highest SNLR in Bayham was 1,180.0% recorded in December and the lowest was in July at 27.3%. 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 1 properties that were successfully sold in Bayham in the last 30 days (January 21 - February 19) was 56 days, which is 19 days less than 75 days average in the previous 30 day period (December 22 - January 20) and 4 days longer than during the same period a year ago (52 days).

There were 1 delisted properties in Bayham, those that got either Expired, Suspended or Terminated over the last 30 days (January 21 - February 19) with an average of 915 days on the market. This is 809 days longer than the average of 106 days during the previous 30 day period (December 22 - January 20) and 792 days more compared to the same period last year average of 123 days on the market.

1 Bayham properties that didn't sell stayed on the market 1,533.9% longer than 1 that sucessfully sold over the last 30 days - 56 days when sold vs 915 days when delisted respectively.

Average Days on the Market in Bayham over the past 12 months for properties that have sold was 75.0 days, with 30.9 days for those properties that did not sell.

6 new properties were listed on the market in Bayham in the last 30 days (January 21 - February 19). During the same time 1 properties were sold and 1 listings were removed from the market (Expired, Suspended or Terminated), which represents an increase in total inventory by 4 properties (or 66.7%).

During the previous 30 day period (December 22 - January 20) there were 1 new properties listed, 6 sold and 22 properties that did not sell and were removed from the market.

Over the past year the busiest month for new listings was July with 11 new properties listed, the slowest - April with 5 new listings and a yearly average of 6 new listings per month.

There were a total of 6 homes listed during the last 30 days (January 21 - February 19), which is 100.0% of all properties listed in Bayham. This is a 500.0% 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 6 homes are were listed per month.

There were a total of 1 homes sold during the last 30 days (January 21 - February 19), which is 100.0% of all properties sold in Bayham. This is a 83.3% decline compared with a previous 30 day period (December 22 - January 20) and 99.8% down from the same period a year ago. Over the past year an average of 11 homes are were sold per month.