Minto Real Estate Statistics

Minto Real Estate Price Trend
Minto real estate average sold price in the last 30 days (September 27 - October 26) was $838,000, which is $346,000 (41.3 %) higher than the average price of $492,000 in the previous 30 day period (August 28 - September 26), and $122,000 (14.6 %) down from the same period 1 year ago ($960,000). Minto real estate prices over the last 30 days are also $319,491 (38.1 %) higher than the average selling price of $518,509 over the past year.
Minto average sold price for homes was $838,000 in the last 30 days (September 27 - October 26), which is $346,000 (41.3 %) up from the average home price of $492,000 in the previous 30 day period (August 28 - September 26), and $122,000 (14.6 %) lower than the same period 1 year ago ($960,000). In the last 30 days Minto the average home price was $319,491 (38.1 %) higher than the average selling price of $518,509 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for Minto real estate was $838,000 in the last 30 days (September 27 - October 26), which is collectively $31,275 (3.8 %) higher than the average asking price of $829,900. This represents an increase of $39,225 (493.4 %) compared to $7,950 (1.1 %) Sold-Under-Asking price from the previous 30 day period (August 28 - September 26).
The maximum Sold Over/Under Asking ratio in Minto during the last 12 months was recorded in July, 2021 with an average of $98,163 over the asking price, while the minimum occurring in September, 2021 with $7,950 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 Minto was 133.3 % with 4 properties sold and 2 new properties listed in the past 30 days (September 27 - October 26). This represents an increase from 100.0 % recorded during the previous 30 day period (August 28 - September 26), and a decrease from compared to the same period one year ago.
Over the the last year the highest SNLR in Minto was 200.0 % recorded in February and the lowest was in October 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 4 properties that were successfully sold in Minto in the last 30 days (September 27 - October 26) was 25 days, which is 6 days more than 19 days average in the previous 30 day period (August 28 - September 26) and 11 days shorter than during the same period a year ago (36 days).
There were 3 delisted properties in Minto, those that got either Expired, Suspended or Terminated over the last 30 days (September 27 - October 26) with an average of 17 days on the market. This is 75 days shorter than the average of 92 days during the previous 30 day period (August 28 - September 26) and 17 days more compared to the same period last year average of 0 days on the market.
3 Minto properties that didn't sell stayed on the market 32.0 % longer than 4 that sucessfully sold over the last 30 days - 25 days when sold vs 17 days when delisted respectively.
Average Days on the Market in Minto over the past 12 months for properties that have sold was 12.6 days, with 30.6 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
3 new properties were listed on the market in Minto in the last 30 days (September 27 - October 26). During the same time 4 properties were sold and 3 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 4 properties (or 133.3 %).
During the previous 30 day period (August 28 - September 26) there were 2 new properties listed, 2 sold and 1 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was March with 6 new properties listed, the slowest - October with 0 new listings and a yearly average of 2 new listings per month.
New Real Estate Listings by Property Type
Real Estate Sales by Property Type
There were a total of 4 homes sold during the last 30 days (September 27 - October 26), which is 100.0 % of all properties sold in Minto. This is a 100.0 % increase compared with a previous 30 day period (August 28 - September 26) and 300.0 % up from the same period a year ago. Over the past year an average of 2 homes are were sold per month.
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