106 George Mcrae Rd

106 George Mcrae Rd is a 5-bedroom 4-bathroom home listed for sale at $3,995,000, which is $1,395,000 (53.7%) higher than the average sold price of $2,600,000 in the last 30 days (February 19 - March 20). During the last 30 days the average sold price for a 5 bedroom home in Blue Mountains increased by $800,000 (44.4%) compared to the previous 30 day period (January 20 - February 18) and up $55,000 (2.2%) from the same time one year ago.There were 2 5-bedroom homes listed in Blue Mountains over the last 30 days (February 19 - March 20), which is down 50.0% compared with the previous 30 day period (January 20 - February 18) and up 100.0% compared with the same period last year.5-bedroom homes in Blue Mountains typically sold ($325,000) (12.5%) below asking price over the last 30 days (February 19 - March 20), which represents a $130,000 decrease compared to the previous 30 day period (January 20 - February 18) and ($52,500) less 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 5-bedroom homes in Blue Mountains over the last 30 days (February 19 - March 20) stood at 50.0%, up from 25.0% over the previous 30 days (January 20 - February 18) and down from 200.0% one year ago.An average time on the market for a 5-bedroom 4-bathroom home in Blue Mountains stood at 42 days when successfully sold over the last 30 days (February 19 - March 20), compared to 142 days before being removed from the market upon being suspended or terminated.