112 Mcrae Ave

112 Mcrae Ave is a 2-bedroom 3-bathroom home listed for sale at $425,000, which is $101,000 (19.2%) lower than the average sold price of $526,000 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom home in Port Colborne increased by $66,000 (14.3%) compared to the previous 30 day period (December 22 - January 20) and up $92,429 (21.3%) from the same time one year ago.There were 7 2-bedroom homes listed in Port Colborne over the last 30 days (January 21 - February 19), which is up 40.0% compared with the previous 30 day period (December 22 - January 20) and up 133.3% compared with the same period last year.2-bedroom homes in Port Colborne typically sold ($8,000) (1.5%) below asking price over the last 30 days (January 21 - February 19), which represents a $11,900 increase compared to the previous 30 day period (December 22 - January 20) and ($17,842) more than the same period last year.Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 2-bedroom homes in Port Colborne over the last 30 days (January 21 - February 19) stood at 71.4%, up from 60.0% over the previous 30 days (December 22 - January 20) and down from 233.3% one year ago.An average time on the market for a 2-bedroom 3-bathroom home in Port Colborne stood at 19 days when successfully sold over the last 30 days (January 21 - February 19), compared to 99 days before being removed from the market upon being suspended or terminated.