Elizabethtown-Kitley Real Estate Statistics

Elizabethtown-Kitley Real Estate Price Trend
Elizabethtown-Kitley real estate average sold price in the last 30 days (January 21 - February 19) was $473,142, which is $47,147 (10.0%) lower than the average price of $520,289 in the previous 30 day period (December 22 - January 20), and $251,858 (53.2%) down from the same period 1 year ago ($725,000). Elizabethtown-Kitley real estate prices over the last 30 days are also $52,324 (11.1%) higher than the average selling price of $420,818 over the past year.
Elizabethtown-Kitley average sold price for homes was $473,142 in the last 30 days (January 21 - February 19), which is $47,147 (10.0%) down from the average home price of $520,289 in the previous 30 day period (December 22 - January 20), and $251,858 (53.2%) lower than the same period 1 year ago ($725,000). In the last 30 days Elizabethtown-Kitley the average home price was $51,944 (11.0%) higher than the average selling price of $421,198 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for Elizabethtown-Kitley real estate was $473,142 in the last 30 days (January 21 - February 19), which is collectively $11,128 (2.0%) lower than the average asking price of $553,414. This represents a decline of $6,480 (139.4%) compared to $4,648 (1.1%) Sold-Under-Asking price from the previous 30 day period (December 22 - January 20).
The maximum Sold Over/Under Asking ratio in Elizabethtown-Kitley during the last 12 months was recorded in July, 2024 with an average of $68,433 over the asking price, while the minimum occurring in November, 2024 with $11,687 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 Elizabethtown-Kitley was 100.0% with 7 properties sold and 2 new properties listed in the past 30 days (January 21 - February 19). This represents a decrease from 1,350.0% recorded during the previous 30 day period (December 22 - January 20), and a decrease from compared to the same period one year ago.
Over the the last year the highest SNLR in Elizabethtown-Kitley was 8,900.0% recorded in December and the lowest was in June 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 7 properties that were successfully sold in Elizabethtown-Kitley in the last 30 days (January 21 - February 19) was 53 days, which is 17 days more than 36 days average in the previous 30 day period (December 22 - January 20) and 11 days shorter than during the same period a year ago (64 days).
There were 2 delisted properties in Elizabethtown-Kitley, those that got either Expired, Suspended or Terminated over the last 30 days (January 21 - February 19) with an average of 73 days on the market. This is 12 days shorter than the average of 85 days during the previous 30 day period (December 22 - January 20) and 73 days more compared to the same period last year average of 0 days on the market.
2 Elizabethtown-Kitley properties that didn't sell stayed on the market 37.7% longer than 7 that sucessfully sold over the last 30 days - 53 days when sold vs 73 days when delisted respectively.
Average Days on the Market in Elizabethtown-Kitley over the past 12 months for properties that have sold was 21.6 days, with 65.4 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
7 new properties were listed on the market in Elizabethtown-Kitley in the last 30 days (January 21 - February 19). During the same time 7 properties were sold and 2 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 2 properties (or 28.6%).
During the previous 30 day period (December 22 - January 20) there were 2 new properties listed, 27 sold and 16 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was October with 12 new properties listed, the slowest - June with 0 new listings and a yearly average of 4 new listings per month.
New Real Estate Listings by Property Type
Real Estate Sales by Property Type
There were a total of 7 homes sold during the last 30 days (January 21 - February 19), which is 100.0% of all properties sold in Elizabethtown-Kitley. This is a 74.1% decline compared with a previous 30 day period (December 22 - January 20) and 600.0% up from the same period a year ago. Over the past year an average of 44 homes are were sold per month.
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