Port Colborne Real Estate Statistics

Port Colborne real estate average sold price in the last 30 days (December 19 - January 17) was $323,527, which is $58,301 (18.0%) lower than the average price of $381,828 in the previous 30 day period (November 19 - December 18), and $380,223 (117.5%) down from the same period 1 year ago ($703,750). Port Colborne real estate prices over the last 30 days are also $220,474 (68.1%) lower than the average selling price of $544,001 over the past year.

Port Colborne average sold price for homes was $319,533 in the last 30 days (December 19 - January 17), which is $58,185 (18.2%) down from the average home price of $377,718 in the previous 30 day period (November 19 - December 18), and $384,217 (120.2%) lower than the same period 1 year ago ($703,750). In the last 30 days Port Colborne the average home price was $218,929 (68.5%) lower than the average selling price of $538,462 over the last 12 months.

Average selling price for Port Colborne real estate was $323,527 in the last 30 days (December 19 - January 17), which is collectively $6,568 (1.1%) lower than the average asking price of $611,574. This represents an increase of $980 (13.0%) compared to $7,548 (1.0%) Sold-Under-Asking price from the previous 30 day period (November 19 - December 18).

The maximum Sold Over/Under Asking ratio in Port Colborne during the last 12 months was recorded in December, 2024 with an average of $6,251 under the asking price, while the minimum occurring in June, 2024 with $41,120 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 Port Colborne was 200.0% with 104 properties sold and 19 new properties listed in the past 30 days (December 19 - January 17). This represents a decrease from 468.4% recorded during the previous 30 day period (November 19 - December 18), and an increase from 26.7% compared to the same period one year ago.

Over the the last year the highest SNLR in Port Colborne was 6,890.5% recorded in August and the lowest was in May at 29.7%. 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 104 properties that were successfully sold in Port Colborne in the last 30 days (December 19 - January 17) was 38 days, which is 0 days more than 38 days average in the previous 30 day period (November 19 - December 18) and 0 days longer than during the same period a year ago (38 days).

There were 77 delisted properties in Port Colborne, those that got either Expired, Suspended or Terminated over the last 30 days (December 19 - January 17) with an average of 87 days on the market. This is 14 days shorter than the average of 101 days during the previous 30 day period (November 19 - December 18) and 0 days more compared to the same period last year average of 87 days on the market.

77 Port Colborne properties that didn't sell stayed on the market 128.9% longer than 104 that sucessfully sold over the last 30 days - 38 days when sold vs 87 days when delisted respectively.

Average Days on the Market in Port Colborne over the past 12 months for properties that have sold was 42.5 days, with 89.9 days for those properties that did not sell.

52 new properties were listed on the market in Port Colborne in the last 30 days (December 19 - January 17). During the same time 104 properties were sold and 77 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 129 properties (or 248.1%).

During the previous 30 day period (November 19 - December 18) there were 19 new properties listed, 89 sold and 71 properties that did not sell and were removed from the market.

Over the past year the busiest month for new listings was September with 42 new properties listed, the slowest - December with 19 new listings and a yearly average of 30 new listings per month.

There were a total of 46 homes listed during the last 30 days (December 19 - January 17), which is 88.5% of all properties listed in Port Colborne. This is a 142.1% increase compared with a previous 30 day period (November 19 - December 18) and 283.3% up from the same period a year ago. Over the past year an average of 28 homes are were listed per month.

There were a total of 103 homes sold during the last 30 days (December 19 - January 17), which is 99.0% of all properties sold in Port Colborne. This is a 18.4% increase compared with a previous 30 day period (November 19 - December 18) and 2,475.0% up from the same period a year ago. Over the past year an average of 244 homes are were sold per month.