Ingersoll Real Estate Statistics
Ingersoll Real Estate Price Trend
Ingersoll real estate average sold price in the last 30 days (October 21 - November 19) was $495,261, which is $107,881 (21.8%) lower than the average price of $603,142 in the previous 30 day period (September 21 - October 20), and $386,614 (78.1%) down from the same period 1 year ago ($881,875). Ingersoll real estate prices over the last 30 days are also $47,348 (9.6%) lower than the average selling price of $542,608 over the past year.
Ingersoll average sold price for homes was $495,261 in the last 30 days (October 21 - November 19), which is $107,881 (21.8%) down from the average home price of $603,142 in the previous 30 day period (September 21 - October 20), and $386,614 (78.1%) lower than the same period 1 year ago ($881,875). In the last 30 days Ingersoll the average home price was $53,161 (10.7%) lower than the average selling price of $548,422 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for Ingersoll real estate was $495,261 in the last 30 days (October 21 - November 19), which is collectively $9,853 (1.5%) lower than the average asking price of $658,512. This represents a decline of $3,311 (50.6%) compared to $6,542 (1.0%) Sold-Under-Asking price from the previous 30 day period (September 21 - October 20).
The maximum Sold Over/Under Asking ratio in Ingersoll during the last 12 months was recorded in February, 2024 with an average of $8,861 over the asking price, while the minimum occurring in March, 2024 with $43,299 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 Ingersoll was 76.5% with 13 properties sold and 10 new properties listed in the past 30 days (October 21 - November 19). This represents an increase from 70.0% recorded during the previous 30 day period (September 21 - October 20), and a decrease from 100.0% compared to the same period one year ago.
Over the the last year the highest SNLR in Ingersoll was 7,442.9% recorded in January 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.
Average Days on Market when Sold vs Delisted
The Average Days on the Market (DOM) for 13 properties that were successfully sold in Ingersoll in the last 30 days (October 21 - November 19) was 23 days, which is 18 days less than 41 days average in the previous 30 day period (September 21 - October 20) and 47 days shorter than during the same period a year ago (70 days).
There were 14 delisted properties in Ingersoll, those that got either Expired, Suspended or Terminated over the last 30 days (October 21 - November 19) with an average of 91 days on the market. This is 15 days longer than the average of 76 days during the previous 30 day period (September 21 - October 20) and 55 days more compared to the same period last year average of 36 days on the market.
14 Ingersoll properties that didn't sell stayed on the market 295.7% longer than 13 that sucessfully sold over the last 30 days - 23 days when sold vs 91 days when delisted respectively.
Average Days on the Market in Ingersoll over the past 12 months for properties that have sold was 39.6 days, with 64.7 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
17 new properties were listed on the market in Ingersoll in the last 30 days (October 21 - November 19). During the same time 13 properties were sold and 14 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 10 properties (or 58.8%).
During the previous 30 day period (September 21 - October 20) there were 10 new properties listed, 7 sold and 9 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was August with 17 new properties listed, the slowest - December with 5 new listings and a yearly average of 9 new listings per month.
New Real Estate Listings by Property Type
There were a total of 15 homes listed during the last 30 days (October 21 - November 19), which is 88.2% of all properties listed in Ingersoll. This is a 50.0% increase compared with a previous 30 day period (September 21 - October 20) and 275.0% up from the same period a year ago. Over the past year an average of 9 homes are were listed per month.
Real Estate Sales by Property Type
There were a total of 13 homes sold during the last 30 days (October 21 - November 19), which is 100.0% of all properties sold in Ingersoll. This is a 85.7% increase compared with a previous 30 day period (September 21 - October 20) and 225.0% up from the same period a year ago. Over the past year an average of 62 homes are were sold per month.