Erin Real Estate Statistics

Erin real estate average sold price in the last 30 days (January 21 - February 19) was $1,243,500, which is $294,723 (23.7%) higher than the average price of $948,777 in the previous 30 day period (December 22 - January 20), and $208,500 (16.8%) up from the same period 1 year ago ($1,035,000). Erin real estate prices over the last 30 days are also $29,146 (2.3%) lower than the average selling price of $1,272,646 over the past year.

Erin average sold price for homes was $1,243,500 in the last 30 days (January 21 - February 19), which is $294,723 (23.7%) up from the average home price of $948,777 in the previous 30 day period (December 22 - January 20), and $208,500 (16.8%) higher than the same period 1 year ago ($1,035,000). In the last 30 days Erin the average home price was $31,919 (2.6%) lower than the average selling price of $1,275,419 over the last 12 months.

Average selling price for Erin real estate was $1,243,500 in the last 30 days (January 21 - February 19), which is collectively $75,284 (5.5%) lower than the average asking price of $1,372,535. This represents a decline of $58,863 (358.5%) compared to $16,421 (1.2%) Sold-Under-Asking price from the previous 30 day period (December 22 - January 20).

The maximum Sold Over/Under Asking ratio in Erin during the last 12 months was recorded in December, 2024 with an average of $17,760 under the asking price, while the minimum occurring in September, 2024 with $98,399 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 Erin was 41.9% with 13 properties sold and 27 new properties listed in the past 30 days (January 21 - February 19). This represents an increase from 33.3% recorded during the previous 30 day period (December 22 - January 20), and an increase from 23.8% compared to the same period one year ago.

Over the the last year the highest SNLR in Erin was 927.3% recorded in December and the lowest was in August at 18.5%. 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 13 properties that were successfully sold in Erin in the last 30 days (January 21 - February 19) was 42 days, which is 14 days less than 56 days average in the previous 30 day period (December 22 - January 20) and 8 days longer than during the same period a year ago (34 days).

There were 19 delisted properties in Erin, those that got either Expired, Suspended or Terminated over the last 30 days (January 21 - February 19) with an average of 86 days on the market. This is 3 days shorter than the average of 89 days during the previous 30 day period (December 22 - January 20) and 10 days less compared to the same period last year average of 96 days on the market.

19 Erin properties that didn't sell stayed on the market 104.8% longer than 13 that sucessfully sold over the last 30 days - 42 days when sold vs 86 days when delisted respectively.

Average Days on the Market in Erin over the past 12 months for properties that have sold was 37.0 days, with 82.0 days for those properties that did not sell.

31 new properties were listed on the market in Erin in the last 30 days (January 21 - February 19). During the same time 13 properties were sold and 19 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 1 properties (or 3.2%).

During the previous 30 day period (December 22 - January 20) there were 27 new properties listed, 9 sold and 28 properties that did not sell and were removed from the market.

Over the past year the busiest month for new listings was November with 53 new properties listed, the slowest - December with 22 new listings and a yearly average of 38 new listings per month.

There were a total of 29 homes listed during the last 30 days (January 21 - February 19), which is 93.5% of all properties listed in Erin. This is a 16.0% increase compared with a previous 30 day period (December 22 - January 20) and 45.0% up from the same period a year ago. Over the past year an average of 37 homes are were listed per month.

2 townhomes were listed over the last 30 days (January 21 - February 19) in Erin, which is 6.5% of all new real estate inventory. This is a 0.0% less than during the previous 30 day period (December 22 - January 20) and 100.0% increase compared to the same period a year ago. During the last year the average number of townhomes listed stood at 1 a month.

There were a total of 13 homes sold during the last 30 days (January 21 - February 19), which is 100.0% of all properties sold in Erin. This is a 44.4% increase compared with a previous 30 day period (December 22 - January 20) and 160.0% up from the same period a year ago. Over the past year an average of 31 homes are were sold per month.