Blue Mountains Real Estate Statistics

Blue Mountains real estate average sold price in the last 30 days (November 21 - December 20) was $607,562, which is $766,652 (126.2%) lower than the average price of $1,374,214 in the previous 30 day period (October 22 - November 20), and $611,315 (100.6%) down from the same period 1 year ago ($1,218,877). Blue Mountains real estate prices over the last 30 days are also $614,057 (101.1%) lower than the average selling price of $1,221,619 over the past year.

Blue Mountains average sold price for homes was $699,313 in the last 30 days (November 21 - December 20), which is $1,233,937 (176.4%) down from the average home price of $1,933,250 in the previous 30 day period (October 22 - November 20), and $599,937 (85.8%) lower than the same period 1 year ago ($1,299,250). In the last 30 days Blue Mountains the average home price was $697,839 (99.8%) lower than the average selling price of $1,397,152 over the last 12 months.

Average sold price of Blue Mountains townhouse was $421,221 in the last 30 days (November 21 - December 20), down $280,029 (66.5%) from the average townhome price of $701,250 over the previous 30 days (October 22 - November 20), and $154,679 (36.7%) lower than during to the same period 1 year ago ($575,900). Over the last 30 days the average townhouse price in Blue Mountains was $296,843 (70.5%) lower compared to the average selling price of $718,064 over the last 12 months.

Average selling price for Blue Mountains real estate was $607,562 in the last 30 days (November 21 - December 20), which is collectively $25,335 (1.8%) lower than the average asking price of $1,409,833. This represents an increase of $47,865 (65.4%) compared to $73,200 (5.3%) Sold-Under-Asking price from the previous 30 day period (October 22 - November 20).

The maximum Sold Over/Under Asking ratio in Blue Mountains during the last 12 months was recorded in August, 2024 with an average of $40,427 under the asking price, while the minimum occurring in March, 2024 with $109,458 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 Blue Mountains was 87.6% with 241 properties sold and 51 new properties listed in the past 30 days (November 21 - December 20). This represents an increase from 27.5% recorded during the previous 30 day period (October 22 - November 20), and an increase from 32.1% compared to the same period one year ago.

Over the the last year the highest SNLR in Blue Mountains was 67.9% recorded in February and the lowest was in November at 4.7%. 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 241 properties that were successfully sold in Blue Mountains in the last 30 days (November 21 - December 20) was 68 days, which is 2 days more than 66 days average in the previous 30 day period (October 22 - November 20) and 12 days longer than during the same period a year ago (56 days).

There were 471 delisted properties in Blue Mountains, those that got either Expired, Suspended or Terminated over the last 30 days (November 21 - December 20) with an average of 120 days on the market. This is 11 days longer than the average of 109 days during the previous 30 day period (October 22 - November 20) and 46 days more compared to the same period last year average of 74 days on the market.

471 Blue Mountains properties that didn't sell stayed on the market 76.5% longer than 241 that sucessfully sold over the last 30 days - 68 days when sold vs 120 days when delisted respectively.

Average Days on the Market in Blue Mountains over the past 12 months for properties that have sold was 59.7 days, with 103.9 days for those properties that did not sell.

275 new properties were listed on the market in Blue Mountains in the last 30 days (November 21 - December 20). During the same time 241 properties were sold and 471 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 437 properties (or 158.9%).

During the previous 30 day period (October 22 - November 20) there were 51 new properties listed, 14 sold and 69 properties that did not sell and were removed from the market.

Over the past year the busiest month for new listings was November with 256 new properties listed, the slowest - January with 24 new listings and a yearly average of 65 new listings per month.

There were a total of 175 homes listed during the last 30 days (November 21 - December 20), which is 63.6% of all properties listed in Blue Mountains. This is a 503.4% increase compared with a previous 30 day period (October 22 - November 20) and 1,066.7% up from the same period a year ago. Over the past year an average of 39 homes are were listed per month.

46 condo units were listed in the last 30 days (November 21 - December 20) in Blue Mountains, which represents 16.7% of all new listings. This is up 557.1% from the prior 30 day period (October 22 - November 20) and 666.7% more compared to the same period last year. There were 13 condos listed per month on average during the last 12 months.

54 townhomes were listed over the last 30 days (November 21 - December 20) in Blue Mountains, which is 19.6% of all new real estate inventory. This is a 260.0% more than during the previous 30 day period (October 22 - November 20) and 671.4% increase compared to the same period a year ago. During the last year the average number of townhomes listed stood at 13 a month.

There were a total of 159 homes sold during the last 30 days (November 21 - December 20), which is 66.0% of all properties sold in Blue Mountains. This is a 1,887.5% increase compared with a previous 30 day period (October 22 - November 20) and 1,887.5% up from the same period a year ago. Over the past year an average of 11 homes are were sold per month.

58 townhomes were sold over the last 30 days (November 21 - December 20) in Blue Mountains, which is 24.1% of all sold real estate. This is a 1,350.0% more than during the previous 30 day period (October 22 - November 20) and 5,700.0% increase compared to the same period a year ago. During the last year the average number of townhomes sold stood at 2 a month.