Tay Real Estate Statistics

Tay real estate average sold price in the last 30 days (January 21 - February 19) was $1,020,578, which is $400,578 (39.3%) higher than the average price of $620,000 in the previous 30 day period (December 22 - January 20), and $354,200 (34.7%) up from the same period 1 year ago ($666,378). Tay real estate prices over the last 30 days are also $360,014 (35.3%) higher than the average selling price of $660,564 over the past year.

Tay average sold price for homes was $1,038,000 in the last 30 days (January 21 - February 19), which is $418,000 (40.3%) up from the average home price of $620,000 in the previous 30 day period (December 22 - January 20), and $371,622 (35.8%) higher than the same period 1 year ago ($666,378). In the last 30 days Tay the average home price was $380,873 (36.7%) higher than the average selling price of $657,127 over the last 12 months.

Average selling price for Tay real estate was $1,020,578 in the last 30 days (January 21 - February 19), which is collectively $161,005 (21.8%) lower than the average asking price of $736,882. This represents a decline of $146,711 (1,026.4%) compared to $14,294 (2.1%) Sold-Under-Asking price from the previous 30 day period (December 22 - January 20).

The maximum Sold Over/Under Asking ratio in Tay during the last 12 months was recorded in May, 2024 with an average of $2,264 under the asking price, while the minimum occurring in January, 2025 with $88,518 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 Tay was 95.0% with 19 properties sold and 15 new properties listed in the past 30 days (January 21 - February 19). This represents an increase from 60.0% recorded during the previous 30 day period (December 22 - January 20), and an increase from 93.3% compared to the same period one year ago.

Over the the last year the highest SNLR in Tay was 662.5% recorded in December and the lowest was in September at 23.1%. 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.

The Average Days on the Market (DOM) for 19 properties that were successfully sold in Tay in the last 30 days (January 21 - February 19) was 65 days, which is 28 days more than 37 days average in the previous 30 day period (December 22 - January 20) and 36 days longer than during the same period a year ago (29 days).

There were 11 delisted properties in Tay, 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 16 days shorter than the average of 89 days during the previous 30 day period (December 22 - January 20) and 21 days less compared to the same period last year average of 94 days on the market.

11 Tay properties that didn't sell stayed on the market 12.3% longer than 19 that sucessfully sold over the last 30 days - 65 days when sold vs 73 days when delisted respectively.

Average Days on the Market in Tay over the past 12 months for properties that have sold was 38.7 days, with 74.5 days for those properties that did not sell.

20 new properties were listed on the market in Tay in the last 30 days (January 21 - February 19). During the same time 19 properties were sold and 11 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 10 properties (or 50.0%).

During the previous 30 day period (December 22 - January 20) there were 15 new properties listed, 9 sold and 12 properties that did not sell and were removed from the market.

Over the past year the busiest month for new listings was November with 59 new properties listed, the slowest - August with 16 new listings and a yearly average of 29 new listings per month.

There were a total of 20 homes listed during the last 30 days (January 21 - February 19), which is 100.0% of all properties listed in Tay. This is a 33.3% increase compared with a previous 30 day period (December 22 - January 20) and 33.3% up from the same period a year ago. Over the past year an average of 29 homes are were listed per month.

There were a total of 18 homes sold during the last 30 days (January 21 - February 19), which is 94.7% of all properties sold in Tay. This is a 100.0% increase compared with a previous 30 day period (December 22 - January 20) and 28.6% up from the same period a year ago. Over the past year an average of 24 homes are were sold per month.