Blue Mountains Real Estate Statistics

Blue Mountains real estate average sold price in the last 30 days (February 18 - March 19) was $998,300, which is $557,533 (55.8%) lower than the average price of $1,555,833 in the previous 30 day period (January 19 - February 17), and $579,338 (58.0%) down from the same period 1 year ago ($1,577,638). Blue Mountains real estate prices over the last 30 days are also $483,154 (48.4%) lower than the average selling price of $1,481,454 over the past year.

Blue Mountains average sold price for homes was $2,111,666 in the last 30 days (February 18 - March 19), which is $453,666 (21.5%) up from the average home price of $1,658,000 in the previous 30 day period (January 19 - February 17), and $22,860 (1.1%) higher than the same period 1 year ago ($2,088,806). In the last 30 days Blue Mountains the average home price was $194,001 (9.2%) higher than the average selling price of $1,917,665 over the last 12 months.

Average sold price of Blue Mountains townhouse was $598,000 in the last 30 days (February 18 - March 19), down $447,000 (74.7%) from the average townhome price of $1,045,000 over the previous 30 days (January 19 - February 17), and $582,057 (97.3%) lower than during to the same period 1 year ago ($1,180,057). Over the last 30 days the average townhouse price in Blue Mountains was $295,887 (49.5%) lower compared to the average selling price of $893,887 over the last 12 months.

Average selling price for Blue Mountains real estate was $998,300 in the last 30 days (February 18 - March 19), which is collectively $62,590 (5.0%) lower than the average asking price of $1,264,168. This represents an increase of $1,243 (1.9%) compared to $63,833 (4.3%) Sold-Under-Asking price from the previous 30 day period (January 19 - February 17).

The maximum Sold Over/Under Asking ratio in Blue Mountains during the last 12 months was recorded in March, 2022 with an average of $53,819 over the asking price, while the minimum occurring in July, 2022 with $154,375 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 43.5% with 10 properties sold and 38 new properties listed in the past 30 days (February 18 - March 19). This represents an increase from 15.8% recorded during the previous 30 day period (January 19 - February 17), and a decrease from 144.4% compared to the same period one year ago.

Over the the last year the highest SNLR in Blue Mountains was 92.6% recorded in March and the lowest was in August at 12.5%. 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 10 properties that were successfully sold in Blue Mountains in the last 30 days (February 18 - March 19) was 36 days, which is 15 days more than 21 days average in the previous 30 day period (January 19 - February 17) and 8 days longer than during the same period a year ago (28 days).

There were 15 delisted properties in Blue Mountains, those that got either Expired, Suspended or Terminated over the last 30 days (February 18 - March 19) with an average of 118 days on the market. This is 36 days longer than the average of 82 days during the previous 30 day period (January 19 - February 17) and 52 days more compared to the same period last year average of 66 days on the market.

15 Blue Mountains properties that didn't sell stayed on the market 227.8% longer than 10 that sucessfully sold over the last 30 days - 36 days when sold vs 118 days when delisted respectively.

Average Days on the Market in Blue Mountains over the past 12 months for properties that have sold was 30.9 days, with 62.2 days for those properties that did not sell.

23 new properties were listed on the market in Blue Mountains in the last 30 days (February 18 - March 19). During the same time 10 properties were sold and 15 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 2 properties (or 8.7%).

During the previous 30 day period (January 19 - February 17) there were 38 new properties listed, 6 sold and 21 properties that did not sell and were removed from the market.

Over the past year the busiest month for new listings was May with 49 new properties listed, the slowest - December with 14 new listings and a yearly average of 29 new listings per month.

There were a total of 12 homes listed during the last 30 days (February 18 - March 19), which is 52.2% of all properties listed in Blue Mountains. This is a 42.9% decline compared with a previous 30 day period (January 19 - February 17) and 20.0% up from the same period a year ago. Over the past year an average of 19 homes are were listed per month.

3 condo units were listed in the last 30 days (February 18 - March 19) in Blue Mountains, which represents 13.0% of all new listings. This is down 72.7% from the prior 30 day period (January 19 - February 17) and 50.0% less compared to the same period last year. There were 6 condos listed per month on average during the last 12 months.

8 townhomes were listed over the last 30 days (February 18 - March 19) in Blue Mountains, which is 34.8% of all new real estate inventory. This is a 33.3% more than during the previous 30 day period (January 19 - February 17) and 300.0% increase compared to the same period a year ago. During the last year the average number of townhomes listed stood at 4 a month.

There were a total of 3 homes sold during the last 30 days (February 18 - March 19), which is 30.0% of all properties sold in Blue Mountains. This is a 40.0% decline compared with a previous 30 day period (January 19 - February 17) and 78.6% down from the same period a year ago. Over the past year an average of 7 homes are were sold per month.

3 townhomes were sold over the last 30 days (February 18 - March 19) in Blue Mountains, which is 30.0% of all sold real estate. This is a 200.0% more than during the previous 30 day period (January 19 - February 17) and 57.1% decrease compared to the same period a year ago. During the last year the average number of townhomes sold stood at 2 a month.