New Minas
New Minas

New Minas Housing Market Report

Seller's Market

All types - for the month of March

Buyer's market Seller's market

2

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 0-4 months indicates a seller’s market, where homes are selling quickly and there are more buyers than available homes.

107

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*

9

New

5(+66.67% YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2024: 6, in 2023: 0, in 2022: 0

Total Sold Listings*

4

Median Sold Price

$313,125

Avg Days on Market

107 days

Median Bidding

-$22,750

Compared to number of sold, same period, in 2024: 3, in 2023: 7, in 2022: 8

*Data is for the month of March

Median Sold Price vs Average Days and Average Total Days on Market - New Minas - All types

Sold vs Active vs New vs Relisted - New Minas - All types

Sold Price Distribution - New Minas - All types

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

Property Type Distribution - New Minas - All types

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

Median Price - New Minas - All types

Just sold - New Minas

View all

Population and Demographics

Overview

Total population 3332
Average household income $79,028

Age (%)

65 and plus
28%
50 to 64
22%
0 to 19
17%
35 to 49
17%
20 to 34
17%

Household composition (%)

Single family
52%
Single person
43%
Multi person
5%
Multi family
0%

Mother tongue (%)

English
94%
Others
4%
French
1%

House tenancy (%)

Renters
51%
Owners
49%