Blandford-Blenheim Real Estate Statistics

Blandford-Blenheim Real Estate Price Trend
Blandford-Blenheim real estate average sold price in the last 30 days (March 10 - April 8) was $865,997, which is $104,361 (12.1%) higher than the average price of $761,636 in the previous 30 day period (February 9 - March 9), and $19,003 (2.2%) down from the same period 1 year ago ($885,000). Blandford-Blenheim real estate prices over the last 30 days are also $172,194 (19.9%) higher than the average selling price of $693,802 over the past year.
Blandford-Blenheim average sold price for homes was $865,997 in the last 30 days (March 10 - April 8), which is $104,361 (12.1%) up from the average home price of $761,636 in the previous 30 day period (February 9 - March 9), and $19,003 (2.2%) lower than the same period 1 year ago ($885,000). In the last 30 days Blandford-Blenheim the average home price was $168,571 (19.5%) higher than the average selling price of $697,426 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for Blandford-Blenheim real estate was $865,997 in the last 30 days (March 10 - April 8), which is collectively $3,575 (0.3%) higher than the average asking price of $1,022,476. This represents a decline of $10,210 (74.1%) compared to $13,785 (1.5%) Sold-Over-Asking price from the previous 30 day period (February 9 - March 9).
The maximum Sold Over/Under Asking ratio in Blandford-Blenheim during the last 12 months was recorded in June, 2023 with an average of $87,366 over the asking price, while the minimum occurring in December, 2023 with $59,900 below the asking price.
Sales to New Listings Ratio
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 Blandford-Blenheim was 66.7% with 4 properties sold and 4 new properties listed in the past 30 days (March 10 - April 8). This represents a decrease from 175.0% recorded during the previous 30 day period (February 9 - March 9), and a decrease from 100.0% compared to the same period one year ago.
Over the the last year the highest SNLR in Blandford-Blenheim was 450.0% recorded in January and the lowest was in July 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.
Average Days on Market when Sold vs Delisted
The Average Days on the Market (DOM) for 4 properties that were successfully sold in Blandford-Blenheim in the last 30 days (March 10 - April 8) was 56 days, which is 40 days more than 16 days average in the previous 30 day period (February 9 - March 9) and 21 days longer than during the same period a year ago (35 days).
There were 7 delisted properties in Blandford-Blenheim, those that got either Expired, Suspended or Terminated over the last 30 days (March 10 - April 8) with an average of 34 days on the market. This is 86 days shorter than the average of 120 days during the previous 30 day period (February 9 - March 9) and 34 days more compared to the same period last year average of 0 days on the market.
7 Blandford-Blenheim properties that didn't sell stayed on the market 39.3% longer than 4 that sucessfully sold over the last 30 days - 56 days when sold vs 34 days when delisted respectively.
Average Days on the Market in Blandford-Blenheim over the past 12 months for properties that have sold was 26.5 days, with 50.2 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
6 new properties were listed on the market in Blandford-Blenheim in the last 30 days (March 10 - April 8). During the same time 4 properties were sold and 7 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 5 properties (or 83.3%).
During the previous 30 day period (February 9 - March 9) there were 4 new properties listed, 7 sold and 22 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was May with 4 new properties listed, the slowest - October with 0 new listings and a yearly average of 3 new listings per month.
New Real Estate Listings by Property Type
There were a total of 5 homes listed during the last 30 days (March 10 - April 8), which is 83.3% of all properties listed in Blandford-Blenheim. This is a 66.7% increase compared with a previous 30 day period (February 9 - March 9) and 400.0% up from the same period a year ago. Over the past year an average of 3 homes are were listed per month.
Real Estate Sales by Property Type
There were a total of 4 homes sold during the last 30 days (March 10 - April 8), which is 100.0% of all properties sold in Blandford-Blenheim. This is a 42.9% decline compared with a previous 30 day period (February 9 - March 9) and 300.0% up from the same period a year ago. Over the past year an average of 4 homes are were sold per month.
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