Lucan Biddulph Real Estate Statistics

Lucan Biddulph real estate average sold price in the last 30 days (January 21 - February 19) was $563,316, which is $97,909 (17.4%) lower than the average price of $661,225 in the previous 30 day period (December 22 - January 20), and $274,455 (48.7%) up from the same period 1 year ago ($288,861). Lucan Biddulph real estate prices over the last 30 days are also $165,320 (29.3%) lower than the average selling price of $728,636 over the past year.

Lucan Biddulph average sold price for homes was $576,250 in the last 30 days (January 21 - February 19), which is $127,066 (22.1%) down from the average home price of $703,316 in the previous 30 day period (December 22 - January 20), and $294,550 (51.1%) higher than the same period 1 year ago ($281,700). In the last 30 days Lucan Biddulph the average home price was $194,698 (33.8%) lower than the average selling price of $770,948 over the last 12 months.

Average sold price of Lucan Biddulph townhouse was $537,450 in the last 30 days (January 21 - February 19), up $2,500 (0.5%) from the average townhome price of $534,950 over the previous 30 days (December 22 - January 20), and $151,848 (28.3%) higher than during to the same period 1 year ago ($385,602). Over the last 30 days the average townhouse price in Lucan Biddulph was $230,065 (42.8%) higher compared to the average selling price of $307,385 over the last 12 months.

Average selling price for Lucan Biddulph real estate was $563,316 in the last 30 days (January 21 - February 19), which is collectively $7,666 (1.0%) lower than the average asking price of $770,900. This represents an increase of $4,559 (37.3%) compared to $12,225 (1.9%) Sold-Under-Asking price from the previous 30 day period (December 22 - January 20).

The maximum Sold Over/Under Asking ratio in Lucan Biddulph during the last 12 months was recorded in July, 2024 with an average of $10,799 under the asking price, while the minimum occurring in August, 2024 with $71,209 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 Lucan Biddulph was 40.0% with 6 properties sold and 15 new properties listed in the past 30 days (January 21 - February 19). This represents a decrease from 53.3% recorded during the previous 30 day period (December 22 - January 20), and a decrease from ∞ compared to the same period one year ago.

Over the the last year the highest SNLR in Lucan Biddulph was 183.3% recorded in August and the lowest was in November at 28.6%. 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 6 properties that were successfully sold in Lucan Biddulph in the last 30 days (January 21 - February 19) was 113 days, which is 30 days more than 83 days average in the previous 30 day period (December 22 - January 20) and 77 days longer than during the same period a year ago (36 days).

There were 8 delisted properties in Lucan Biddulph, those that got either Expired, Suspended or Terminated over the last 30 days (January 21 - February 19) with an average of 98 days on the market. This is 8 days shorter than the average of 106 days during the previous 30 day period (December 22 - January 20) and 8 days less compared to the same period last year average of 106 days on the market.

8 Lucan Biddulph properties that didn't sell stayed on the market 13.3% longer than 6 that sucessfully sold over the last 30 days - 113 days when sold vs 98 days when delisted respectively.

Average Days on the Market in Lucan Biddulph over the past 12 months for properties that have sold was 51.9 days, with 76.1 days for those properties that did not sell.

15 new properties were listed on the market in Lucan Biddulph in the last 30 days (January 21 - February 19). During the same time 6 properties were sold and 8 listings were removed from the market (Expired, Suspended or Terminated), which represents an increase in total inventory by 1 properties (or 6.7%).

During the previous 30 day period (December 22 - January 20) there were 15 new properties listed, 8 sold and 11 properties that did not sell and were removed from the market.

Over the past year the busiest month for new listings was September with 21 new properties listed, the slowest - December with 5 new listings and a yearly average of 13 new listings per month.

There were a total of 4 homes sold during the last 30 days (January 21 - February 19), which is 66.7% of all properties sold in Lucan Biddulph. This is a 33.3% decline compared with a previous 30 day period (December 22 - January 20) and 99.6% down from the same period a year ago. Over the past year an average of 6 homes are were sold per month.

2 townhomes were sold over the last 30 days (January 21 - February 19) in Lucan Biddulph, which is 33.3% of all sold real estate. This is a 0.0% less than during the previous 30 day period (December 22 - January 20) and 97.4% decrease compared to the same period a year ago. During the last year the average number of townhomes sold stood at 2 a month.