Minto Real Estate Statistics

Minto real estate average sold price in the last 30 days (January 21 - February 19) was $670,504, which is $174,754 (26.1%) higher than the average price of $495,750 in the previous 30 day period (December 22 - January 20), and $28,254 (4.2%) up from the same period 1 year ago ($642,250). Minto real estate prices over the last 30 days are also $19,359 (2.9%) higher than the average selling price of $651,145 over the past year.

Minto average sold price for homes was $670,504 in the last 30 days (January 21 - February 19), which is $174,754 (26.1%) up from the average home price of $495,750 in the previous 30 day period (December 22 - January 20), and $28,254 (4.2%) higher than the same period 1 year ago ($642,250). In the last 30 days Minto the average home price was $14,208 (2.1%) higher than the average selling price of $656,296 over the last 12 months.

Average selling price for Minto real estate was $670,504 in the last 30 days (January 21 - February 19), which is collectively $19,645 (2.6%) lower than the average asking price of $758,062. This represents a decline of $8,595 (77.8%) compared to $11,050 (1.7%) Sold-Under-Asking price from the previous 30 day period (December 22 - January 20).

The maximum Sold Over/Under Asking ratio in Minto during the last 12 months was recorded in October, 2024 with an average of $5,700 over the asking price, while the minimum occurring in May, 2024 with $109,999 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 Minto was 37.5% with 6 properties sold and 9 new properties listed in the past 30 days (January 21 - February 19). This represents a decrease from 88.9% recorded during the previous 30 day period (December 22 - January 20), and a decrease from 57.1% compared to the same period one year ago.

Over the the last year the highest SNLR in Minto was 8,500.0% recorded in December and the lowest was in May at 5.9%. 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 6 properties that were successfully sold in Minto in the last 30 days (January 21 - February 19) was 75 days, which is 6 days less than 81 days average in the previous 30 day period (December 22 - January 20) and 19 days shorter than during the same period a year ago (94 days).

There were 14 delisted properties in Minto, those that got either Expired, Suspended or Terminated over the last 30 days (January 21 - February 19) with an average of 89 days on the market. This is 25 days shorter than the average of 114 days during the previous 30 day period (December 22 - January 20) and 13 days less compared to the same period last year average of 102 days on the market.

14 Minto properties that didn't sell stayed on the market 18.7% longer than 6 that sucessfully sold over the last 30 days - 75 days when sold vs 89 days when delisted respectively.

Average Days on the Market in Minto over the past 12 months for properties that have sold was 73.8 days, with 99.9 days for those properties that did not sell.

16 new properties were listed on the market in Minto in the last 30 days (January 21 - February 19). During the same time 6 properties were sold and 14 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 4 properties (or 25.0%).

During the previous 30 day period (December 22 - January 20) there were 9 new properties listed, 8 sold and 13 properties that did not sell and were removed from the market.

Over the past year the busiest month for new listings was November with 33 new properties listed, the slowest - June with 3 new listings and a yearly average of 11 new listings per month.

There were a total of 15 homes listed during the last 30 days (January 21 - February 19), which is 93.8% of all properties listed in Minto. This is a 66.7% increase compared with a previous 30 day period (December 22 - January 20) and 200.0% up from the same period a year ago. Over the past year an average of 10 homes are were listed per month.

There were a total of 6 homes sold during the last 30 days (January 21 - February 19), which is 100.0% of all properties sold in Minto. This is a 25.0% decline compared with a previous 30 day period (December 22 - January 20) and 50.0% up from the same period a year ago. Over the past year an average of 52 homes are were sold per month.