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Allentown August 2008 Market Report

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Allentown is a very popular community in the downtown area of the city of Buffalo to live in.   Here is the recent Real Estate activity in Allentown:

Multi-family homes

  • There is one pending and 17 active multi family homes for sale in Allentow with an average list price of $130,488 ranging from $24,900 to $399,900
  • In the past 30 days there has been a total of two sales in this segment of the market with an average sales price of $45,500 after spending an average of 42 days on the market.
  • In the past 30 days there has been a totalof 10 closed multi-family homes averaging $102,680 and spendng an average of 65 days on the market.
    • Highest – $250,000 (269 days on the market)
    • Lowest – $44,000 (7 days on the market)

Allentown Condos for Sale:

  • There is currently one condo in Allentown for sale listed for $194,900
  • Year to date there has been two closed condo sales in Allentown averaging $223,250 and spending an average of 52 days on the market
    • Highest – $320,000 (54 DOM)
    • Lowest – $126,500 (50 DOM)

Single Family Homes in Allentown:

  • There are currently 12 active listings in Allentown for Single-family homes for sale averaging a list price of $292,275 ranging from $139,900 to $579,900
  • There are no pending at this time
  • In the past 30 days there has been a total of 3 closed single family homes in Allentown with an average sales price of $165,333 after spending an average of 72 days on the market
    • Highest – $240,000 (183 DOM)
    • Lowest – $96,000 (0 DOM)
  • Year to date there has been a total of 9 closed sales averaging $196,278 and spending an average of 86 days on the market
  • In 2007 there were a total of 33 closed sales of single family homes in Allentown averaging $132,671 and spending an average of 46 days on the market.
  • 2006 saw 10 closed sales with an average sold price of $135,347 and spending an average of 54 days on the market
  • 2005 there were 23 closed Allentown single-family homes sold with an average sold price of $164,073 and spending an average of 51 days on the market.
  • Here are the currently active single-family homes for sale in Allentown Historic District

 

MLS:  315265 – 51 Symphony Circle Listed for $ 579,900
MLS:  300621 – 156 Park Listed for $ 399,900
MLS:  316339 – 414 Virginia Listed for $ 399,000
MLS:  314054 – 78 Irving Listed for $ 339,000
MLS:  314316 – 25 Irving Place Listed for $ 329,900
MLS:  317294 – 165 Mariner Listed for $ 289,999
MLS:  311331 – 114 Mariner Listed for $ 280,000
MLS:  317654 – 141 Mariner Listed for $ 230,000
MLS:  315080 – 294 Carolina Listed for $ 184,900
MLS:  318585 – 388 Summer Listed for $ 184,900
MLS:  317656 – 47 Trinity Listed for $ 149,900
MLS:  307670 – 491 Porter Listed for $ 139,900

 

Thinking of selling your Alltentown home? Interested in finding out the current market value of your single family home, condo or investment property? Then call Colleen Kulikowski at (716) 743-5297 to discuss what is happening in today’s Western New York Real Estate Market.   We would be happy to give you a personalized Comparative Market Analysis for your home, just fill out the form below.   View additional WNY Market Area Statistics here and check out the Niagara County Market Report for July 2008 and the Erie County Market Report for July 2008.

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