Minto Real Estate Statistics

Minto real estate average sold price in the last 30 days (March 27 - April 25) was $802,000, which is $192,100 (24.0%) higher than the average price of $609,900 in the previous 30 day period (February 26 - March 26), and $222,834 (27.8%) up from the same period 1 year ago ($579,166). Minto real estate prices over the last 30 days are also $180,238 (22.5%) higher than the average selling price of $621,762 over the past year.

Average selling price for Minto real estate was $802,000 in the last 30 days (March 27 - April 25), which is collectively $43,900 (5.9%) lower than the average asking price of $744,966. This represents a decline of $43,900 (∞) compared to $0 (0.0%) Sold-Over-Asking price from the previous 30 day period (February 26 - March 26).

The maximum Sold Over/Under Asking ratio in Minto during the last 12 months was recorded in September, 2023 with an average of $28,850 over the asking price, while the minimum occurring in January, 2024 with $52,950 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 16.7% with 1 properties sold and 6 new properties listed in the past 30 days (March 27 - April 25). This represents a decrease from 16.7% recorded during the previous 30 day period (February 26 - March 26), and a decrease from 120.0% compared to the same period one year ago.

Over the the last year the highest SNLR in Minto was 900.0% recorded in July and the lowest was in December 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.

The Average Days on the Market (DOM) for 1 properties that were successfully sold in Minto in the last 30 days (March 27 - April 25) was 126 days, which is 91 days more than 35 days average in the previous 30 day period (February 26 - March 26) and 85 days longer than during the same period a year ago (41 days).

There were 5 delisted properties in Minto, those that got either Expired, Suspended or Terminated over the last 30 days (March 27 - April 25) with an average of 94 days on the market. This is 26 days longer than the average of 68 days during the previous 30 day period (February 26 - March 26) and 17 days more compared to the same period last year average of 77 days on the market.

5 Minto properties that didn't sell stayed on the market 25.4% longer than 1 that sucessfully sold over the last 30 days - 126 days when sold vs 94 days when delisted respectively.

Average Days on the Market in Minto over the past 12 months for properties that have sold was 47.4 days, with 94.8 days for those properties that did not sell.

6 new properties were listed on the market in Minto in the last 30 days (March 27 - April 25). During the same time 1 properties were sold and 5 listings were removed from the market (Expired, Suspended or Terminated), which represents an increase in total inventory by 0 properties (or 0.0%).

During the previous 30 day period (February 26 - March 26) there were 6 new properties listed, 1 sold and 2 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 - July with 1 new listings and a yearly average of 3 new listings per month.

There were a total of 4 homes listed during the last 30 days (March 27 - April 25), which is 66.7% of all properties listed in Minto. This is a 0.0% decline compared with a previous 30 day period (February 26 - March 26) and 20.0% down from the same period a year ago. Over the past year an average of 3 homes are were listed per month.