Kincardine Real Estate Statistics

Kincardine Real Estate Price Trend
Kincardine real estate average sold price in the last 30 days (May 8 - June 6) was $927,000, which is $201,000 (21.7%) higher than the average price of $726,000 in the previous 30 day period (April 8 - May 7), and $197,000 (21.3%) up from the same period 1 year ago ($730,000). Kincardine real estate prices over the last 30 days are also $583,042 (62.9%) higher than the average selling price of $343,958 over the past year.
Kincardine average sold price for homes was $927,000 in the last 30 days (May 8 - June 6), which is $288,667 (31.1%) up from the average home price of $638,333 in the previous 30 day period (April 8 - May 7), and $197,000 (21.3%) higher than the same period 1 year ago ($730,000). In the last 30 days Kincardine the average home price was $591,598 (63.8%) higher than the average selling price of $335,402 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for Kincardine real estate was $927,000 in the last 30 days (May 8 - June 6), which is collectively $22,000 (2.4%) lower than the average asking price of $902,980. This represents an increase of $19,325 (46.8%) compared to $41,325 (4.6%) Sold-Under-Asking price from the previous 30 day period (April 8 - May 7).
The maximum Sold Over/Under Asking ratio in Kincardine during the last 12 months was recorded in June, 2022 with an average of $0 over the asking price, while the minimum occurring in November, 2022 with $90,400 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 Kincardine was 20.0% with 1 properties sold and 4 new properties listed in the past 30 days (May 8 - June 6). This represents a decrease from 100.0% recorded during the previous 30 day period (April 8 - May 7), and a decrease from 50.0% compared to the same period one year ago.
Over the the last year the highest SNLR in Kincardine was 200.0% recorded in April and the lowest was in June 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 1 properties that were successfully sold in Kincardine in the last 30 days (May 8 - June 6) was 53 days, which is 24 days more than 29 days average in the previous 30 day period (April 8 - May 7) and 37 days longer than during the same period a year ago (16 days).
There were 2 delisted properties in Kincardine, those that got either Expired, Suspended or Terminated over the last 30 days (May 8 - June 6) with an average of 6 days on the market. This is 6 days longer than the average of 0 days during the previous 30 day period (April 8 - May 7) and 6 days more compared to the same period last year average of 0 days on the market.
2 Kincardine properties that didn't sell stayed on the market 88.7% longer than 1 that sucessfully sold over the last 30 days - 53 days when sold vs 6 days when delisted respectively.
Average Days on the Market in Kincardine over the past 12 months for properties that have sold was 26.9 days, with 25.2 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
5 new properties were listed on the market in Kincardine in the last 30 days (May 8 - June 6). During the same time 1 properties were sold and 2 listings were removed from the market (Expired, Suspended or Terminated), which represents an increase in total inventory by 2 properties (or 40.0%).
During the previous 30 day period (April 8 - May 7) there were 4 new properties listed, 4 sold and 0 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was March with 3 new properties listed, the slowest - November with 0 new listings and a yearly average of 2 new listings per month.
New Real Estate Listings by Property Type
There were a total of 5 homes listed during the last 30 days (May 8 - June 6), which is 100.0% of all properties listed in Kincardine. This is a 25.0% increase compared with a previous 30 day period (April 8 - May 7) and 150.0% up from the same period a year ago. Over the past year an average of 1 homes are were listed per month.
Real Estate Sales by Property Type
There were a total of 1 homes sold during the last 30 days (May 8 - June 6), which is 100.0% of all properties sold in Kincardine. This is a 66.7% decline compared with a previous 30 day period (April 8 - May 7) and 0.0% down from the same period a year ago. Over the past year an average of 1 homes are were sold per month.
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