The Blue Mountains Market Report – Q1 2020

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RECORD Q1 VOLUME, WITH
UNITS, PRICES AND NEW LISTINGS UP

RECORD Q1 SALES VOLUME OF $62,243,393
Up 13% from Q1-2019’s $55,186,500, with units of 84 up 11% from Q1-2019’s 76. New listings of 163 up 43% from a year ago, with the sales/listings ratio of 52% down 15%.

MARCH SALES VOLUME OF $15,741,400

Down 5% from March 2019’s $16,583,900. Units of 23 were up 5% from last March’s 22, with new listings of 51 up 31% and the sales/listings ratio of 45% down 11%.

RECORD Q1 AVERAGE SALE PRICE OF $740,933
Up 2% from Q1-2019’s $726,138. Average days-on-market of 69 was up 8 days.

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