Inverness County
Inverness County

Inverness County Housing Market Report

Strong Buyer's Market

All types - for the month of July

Buyer's market Seller's market

30

Months of inventory (MOI)*

MOI in real estate tells you how long it would take to sell all the current homes on the market at the current sales pace if no new homes were listed. Typically, a MOI of 5+ months indicates a buyer’s market, where homes are selling slowly and there are more homes than available buyers.

63

Days on market (DOM)*

DOM refers to Average Days on Market, which represents how long on average listings remain on the market before selling. DOM excludes listings that are pulled from the market without selling. A low DOM means it sold quickly, while a high DOM could mean it's overpriced or less in demand.

Total Active Listings*

118

New

33(+10.00% YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2024: 125, in 2023: 57, in 2022: 6

Total Sold Listings*

4

Median Sold Price

$360,000

Avg Days on Market

63 days

Median Bidding

-$49,500

Compared to number of sold, same period, in 2024: 1, in 2023: 0, in 2022: 0

*Data is for the month of July

Median Sold Price vs Average Days and Average Total Days on Market - Inverness County - All types

Sold vs Active vs New vs Relisted - Inverness County - All types

Sold Price Distribution - Inverness County - All types

Sold price distribution per the last 3 months's sold listings.

Property Type Distribution - Inverness County - All types

Property type distribution based on data from the last 3 months.

Median Price - Inverness County - All types

Just sold - Inverness County

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