Lucan Biddulph Real Estate Statistics

Lucan Biddulph real estate average sold price in the last 30 days (April 10 - May 9) was $646,833, which is $14,833 (2.3%) lower than the average price of $661,666 in the previous 30 day period (March 11 - April 9), and $76,833 (11.9%) up from the same period 1 year ago ($570,000). Lucan Biddulph real estate prices over the last 30 days are also $313,005 (48.4%) higher than the average selling price of $333,828 over the past year.

Lucan Biddulph average sold price for homes was $730,142 in the last 30 days (April 10 - May 9), which is $68,476 (9.4%) up from the average home price of $661,666 in the previous 30 day period (March 11 - April 9), and $160,142 (21.9%) higher than the same period 1 year ago ($570,000). In the last 30 days Lucan Biddulph the average home price was $390,577 (53.5%) higher than the average selling price of $339,565 over the last 12 months.

Average selling price for Lucan Biddulph real estate was $646,833 in the last 30 days (April 10 - May 9), which is collectively $18,751 (3.0%) lower than the average asking price of $626,271. This represents an increase of $1,182 (5.9%) compared to $19,933 (3.3%) Sold-Under-Asking price from the previous 30 day period (March 11 - April 9).

The maximum Sold Over/Under Asking ratio in Lucan Biddulph during the last 12 months was recorded in July, 2023 with an average of $50,001 over the asking price, while the minimum occurring in April, 2024 with $21,208 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 471.4% with 33 properties sold and 6 new properties listed in the past 30 days (April 10 - May 9). This represents an increase from 50.0% recorded during the previous 30 day period (March 11 - April 9), and a decrease from ∞ compared to the same period one year ago.

Over the the last year the highest SNLR in Lucan Biddulph was 14,340.0% recorded in January and the lowest was in May at 0.0%. 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 33 properties that were successfully sold in Lucan Biddulph in the last 30 days (April 10 - May 9) was 67 days, which is 44 days more than 23 days average in the previous 30 day period (March 11 - April 9) and 59 days longer than during the same period a year ago (8 days).

There were 14 delisted properties in Lucan Biddulph, those that got either Expired, Suspended or Terminated over the last 30 days (April 10 - May 9) with an average of 76 days on the market. This is 42 days shorter than the average of 118 days during the previous 30 day period (March 11 - April 9) and 76 days more compared to the same period last year average of 0 days on the market.

14 Lucan Biddulph properties that didn't sell stayed on the market 13.4% longer than 33 that sucessfully sold over the last 30 days - 67 days when sold vs 76 days when delisted respectively.

Average Days on the Market in Lucan Biddulph over the past 12 months for properties that have sold was 20.2 days, with 27.5 days for those properties that did not sell.

7 new properties were listed on the market in Lucan Biddulph in the last 30 days (April 10 - May 9). During the same time 33 properties were sold and 14 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 40 properties (or 571.4%).

During the previous 30 day period (March 11 - April 9) there were 6 new properties listed, 3 sold and 4 properties that did not sell and were removed from the market.

Over the past year the busiest month for new listings was August with 5 new properties listed, the slowest - May with 0 new listings and a yearly average of 2 new listings per month.

There were a total of 21 homes sold during the last 30 days (April 10 - May 9), which is 63.6% of all properties sold in Lucan Biddulph. This is a 600.0% increase compared with a previous 30 day period (March 11 - April 9) and 2,000.0% up from the same period a year ago. Over the past year an average of 97 homes are were sold per month.