Port Colborne Real Estate Statistics

Port Colborne real estate average sold price in the last 30 days (January 21 - February 19) was $563,428, which is $53,321 (9.5%) higher than the average price of $510,107 in the previous 30 day period (December 22 - January 20), and $47,676 (8.5%) up from the same period 1 year ago ($515,752). Port Colborne real estate prices over the last 30 days are also $25,494 (4.5%) higher than the average selling price of $537,934 over the past year.

Port Colborne average sold price for homes was $563,428 in the last 30 days (January 21 - February 19), which is $53,321 (9.5%) up from the average home price of $510,107 in the previous 30 day period (December 22 - January 20), and $50,597 (9.0%) higher than the same period 1 year ago ($512,831). In the last 30 days Port Colborne the average home price was $31,294 (5.6%) higher than the average selling price of $532,134 over the last 12 months.

Average selling price for Port Colborne real estate was $563,428 in the last 30 days (January 21 - February 19), which is collectively $14,450 (2.3%) lower than the average asking price of $617,682. This represents an increase of $3,921 (21.3%) compared to $18,371 (2.9%) Sold-Under-Asking price from the previous 30 day period (December 22 - January 20).

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 32.6% with 14 properties sold and 60 new properties listed in the past 30 days (January 21 - February 19). This represents an increase from 23.3% recorded during the previous 30 day period (December 22 - January 20), and a decrease from 95.8% 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 January at 24.2%. 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 14 properties that were successfully sold in Port Colborne in the last 30 days (January 21 - February 19) was 27 days, which is 1 days less than 28 days average in the previous 30 day period (December 22 - January 20) and 31 days shorter than during the same period a year ago (58 days).

There were 30 delisted properties in Port Colborne, those that got either Expired, Suspended or Terminated over the last 30 days (January 21 - February 19) with an average of 99 days on the market. This is 0 days longer than the average of 99 days during the previous 30 day period (December 22 - January 20) and 16 days less compared to the same period last year average of 115 days on the market.

30 Port Colborne properties that didn't sell stayed on the market 266.7% longer than 14 that sucessfully sold over the last 30 days - 27 days when sold vs 99 days when delisted respectively.

Average Days on the Market in Port Colborne over the past 12 months for properties that have sold was 41.6 days, with 85.4 days for those properties that did not sell.

43 new properties were listed on the market in Port Colborne in the last 30 days (January 21 - February 19). During the same time 14 properties were sold and 30 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 1 properties (or 2.3%).

During the previous 30 day period (December 22 - January 20) there were 60 new properties listed, 14 sold and 37 properties that did not sell and were removed from the market.

Over the past year the busiest month for new listings was January with 66 new properties listed, the slowest - December with 19 new listings and a yearly average of 33 new listings per month.

There were a total of 38 homes listed during the last 30 days (January 21 - February 19), which is 88.4% of all properties listed in Port Colborne. This is a 29.6% decline compared with a previous 30 day period (December 22 - January 20) and 72.7% up from the same period a year ago. Over the past year an average of 31 homes are were listed per month.

2 townhomes were listed over the last 30 days (January 21 - February 19) in Port Colborne, which is 4.7% of all new real estate inventory. This is a 0.0% less than during the previous 30 day period (December 22 - January 20) and 0.0% decrease compared to the same period a year ago. During the last year the average number of townhomes listed stood at 1 a month.

There were a total of 14 homes sold during the last 30 days (January 21 - February 19), which is 100.0% of all properties sold in Port Colborne. This is a 0.0% decline compared with a previous 30 day period (December 22 - January 20) and 36.4% down from the same period a year ago. Over the past year an average of 266 homes are were sold per month.