Kincardine Real Estate Statistics

Kincardine real estate average sold price in the last 30 days (January 21 - February 19) was $619,531, which is $119,619 (19.3%) lower than the average price of $739,150 in the previous 30 day period (December 22 - January 20), and $241,893 (39.0%) up from the same period 1 year ago ($377,638). Kincardine real estate prices over the last 30 days are also $52,876 (8.5%) higher than the average selling price of $566,655 over the past year.

Kincardine average sold price for homes was $618,575 in the last 30 days (January 21 - February 19), which is $114,425 (18.5%) down from the average home price of $733,000 in the previous 30 day period (December 22 - January 20), and $240,937 (39.0%) higher than the same period 1 year ago ($377,638). In the last 30 days Kincardine the average home price was $50,590 (8.2%) higher than the average selling price of $567,985 over the last 12 months.

Average selling price for Kincardine real estate was $619,531 in the last 30 days (January 21 - February 19), which is collectively $20,712 (3.1%) lower than the average asking price of $658,666. This represents an increase of $14,238 (40.7%) compared to $34,950 (4.6%) Sold-Under-Asking price from the previous 30 day period (December 22 - January 20).

The maximum Sold Over/Under Asking ratio in Kincardine during the last 12 months was recorded in April, 2024 with an average of $300,000 over the asking price, while the minimum occurring in June, 2024 with $100,000 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 Kincardine was 177.8% with 16 properties sold and 14 new properties listed in the past 30 days (January 21 - February 19). This represents an increase from 42.9% recorded during the previous 30 day period (December 22 - January 20), and a decrease from 400.0% compared to the same period one year ago.

Over the the last year the highest SNLR in Kincardine was 4,129.4% recorded in December and the lowest was in July 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 16 properties that were successfully sold in Kincardine in the last 30 days (January 21 - February 19) was 81 days, which is 27 days more than 54 days average in the previous 30 day period (December 22 - January 20) and 58 days longer than during the same period a year ago (23 days).

There were 6 delisted properties in Kincardine, those that got either Expired, Suspended or Terminated over the last 30 days (January 21 - February 19) with an average of 80 days on the market. This is 3 days shorter than the average of 83 days during the previous 30 day period (December 22 - January 20) and 4 days less compared to the same period last year average of 84 days on the market.

6 Kincardine properties that didn't sell stayed on the market 1.2% longer than 16 that sucessfully sold over the last 30 days - 81 days when sold vs 80 days when delisted respectively.

Average Days on the Market in Kincardine over the past 12 months for properties that have sold was 31.2 days, with 83.9 days for those properties that did not sell.

9 new properties were listed on the market in Kincardine in the last 30 days (January 21 - February 19). During the same time 16 properties were sold and 6 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 13 properties (or 144.4%).

During the previous 30 day period (December 22 - January 20) there were 14 new properties listed, 6 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 86 new properties listed, the slowest - March with 1 new listings and a yearly average of 14 new listings per month.

There were a total of 9 homes listed during the last 30 days (January 21 - February 19), which is 100.0% of all properties listed in Kincardine. This is a 35.7% decline compared with a previous 30 day period (December 22 - January 20) and 800.0% up from the same period a year ago. Over the past year an average of 11 homes are were listed per month.

There were a total of 12 homes sold during the last 30 days (January 21 - February 19), which is 75.0% of all properties sold in Kincardine. This is a 140.0% 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 111 homes are were sold per month.