Blue Mountains Real Estate Statistics

Blue Mountains real estate average sold price in the last 30 days (March 26 - April 24) was $1,141,307, which is $161,401 (14.1%) lower than the average price of $1,302,708 in the previous 30 day period (February 25 - March 25), and $116,695 (10.2%) up from the same period 1 year ago ($1,024,612). Blue Mountains real estate prices over the last 30 days are also $8,458 (0.7%) higher than the average selling price of $1,132,849 over the past year.

Blue Mountains average sold price for homes was $1,168,916 in the last 30 days (March 26 - April 24), which is $12,434 (1.1%) down from the average home price of $1,181,350 in the previous 30 day period (February 25 - March 25), and $158,084 (13.5%) lower than the same period 1 year ago ($1,327,000). In the last 30 days Blue Mountains the average home price was $144,432 (12.4%) lower than the average selling price of $1,313,348 over the last 12 months.

Average selling price for Blue Mountains real estate was $1,141,307 in the last 30 days (March 26 - April 24), which is collectively $42,215 (3.3%) lower than the average asking price of $1,283,020. This represents an increase of $61,660 (59.4%) compared to $103,875 (7.5%) Sold-Under-Asking price from the previous 30 day period (February 25 - March 25).

The maximum Sold Over/Under Asking ratio in Blue Mountains during the last 12 months was recorded in July, 2023 with an average of $11,417 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 22.8% with 13 properties sold and 50 new properties listed in the past 30 days (March 26 - April 24). This represents a decrease from 24.0% recorded during the previous 30 day period (February 25 - March 25), and an increase from 19.5% compared to the same period one year ago.

Over the the last year the highest SNLR in Blue Mountains was 390.0% recorded in July and the lowest was in March at 23.5%. 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 Blue Mountains in the last 30 days (March 26 - April 24) was 69 days, which is 4 days more than 65 days average in the previous 30 day period (February 25 - March 25) and 23 days longer than during the same period a year ago (46 days).

There were 50 delisted properties in Blue Mountains, those that got either Expired, Suspended or Terminated over the last 30 days (March 26 - April 24) with an average of 112 days on the market. This is 6 days shorter than the average of 118 days during the previous 30 day period (February 25 - March 25) and 34 days more compared to the same period last year average of 78 days on the market.

50 Blue Mountains properties that didn't sell stayed on the market 62.3% longer than 13 that sucessfully sold over the last 30 days - 69 days when sold vs 112 days when delisted respectively.

Average Days on the Market in Blue Mountains over the past 12 months for properties that have sold was 44.5 days, with 79.1 days for those properties that did not sell.

57 new properties were listed on the market in Blue Mountains in the last 30 days (March 26 - April 24). During the same time 13 properties were sold and 50 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 6 properties (or 10.5%).

During the previous 30 day period (February 25 - March 25) there were 50 new properties listed, 12 sold and 40 properties that did not sell and were removed from the market.

Over the past year the busiest month for new listings was September with 56 new properties listed, the slowest - December with 16 new listings and a yearly average of 38 new listings per month.

There were a total of 36 homes listed during the last 30 days (March 26 - April 24), which is 63.2% of all properties listed in Blue Mountains. This is a 20.0% increase compared with a previous 30 day period (February 25 - March 25) and 50.0% up from the same period a year ago. Over the past year an average of 24 homes are were listed per month.

12 condo units were listed in the last 30 days (March 26 - April 24) in Blue Mountains, which represents 21.1% of all new listings. This is down 0.0% from the prior 30 day period (February 25 - March 25) and 71.4% more compared to the same period last year. There were 7 condos listed per month on average during the last 12 months.

9 townhomes were listed over the last 30 days (March 26 - April 24) in Blue Mountains, which is 15.8% of all new real estate inventory. This is a 12.5% more than during the previous 30 day period (February 25 - March 25) and 10.0% decrease compared to the same period a year ago. During the last year the average number of townhomes listed stood at 8 a month.

There were a total of 12 homes sold during the last 30 days (March 26 - April 24), which is 92.3% of all properties sold in Blue Mountains. This is a 20.0% increase compared with a previous 30 day period (February 25 - March 25) and 200.0% up from the same period a year ago. Over the past year an average of 16 homes are were sold per month.