Black Rock Real Estate Market Report – January 2011

Current Market Conditions

April 1,2011

• There are 10 active listings with an average list price of $39,450 ranging from $10,000 to $63,900 with days on market:
  • 0-30 days- 40%
  • 31-60 days – 10%
  • 61-90 days – 10%
  • 91-120 days – 10%
  • 120+ days – 30%
• There is 3 pending/under contract sales and in the past 30 days there has been 2 closed sales with an average sale price of $51,250 spending an average of 15 days on the market

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Past Black Rock Market Reports

January 17,2011

• There are 8 active listings with an average list price of $51,638 ranging from $17,900 to $76,000 with days on market:
  • 0-30 days- 12.5%
  • 31-60 days – 12.5%
  • 61-90 days – 0%
  • 91-120 days – 0%
  • 120+ days – 62.5%
• There is 3 pending/under contract sales and in the past 30 days there has been 1 closed sales with an average sale price of $19,000 spending an average of 218 days on the market

November 30, 2010

• There are 11 active listings with an average list price of $47,500 ranging from $17,900 to $76,000
• There are 2 pending/under contract and there are no closed sales in the past 30 days
• YTD there has been 15 closed sales with an average sold price of $33,060 spending an average of 71 days on the market
  • Highest closed – $75,000 – 260 days on the market
  • Lowest closed – $5,000 – 8 days on the market

October 22, 2010

• There are 12 active listings with an average listing price $51,475 ranging from $21,500 to $109,900
  • Of the active listings 75% have been on the market greater than 90 days
• There are 3 pending/under contract sales and in the past 30 days there has been 1 closed sale for $21,000 after spending 60 days on the market
• YTD there has been closed sales with an average sold price of $35,064 spending an average of 75 days on the market
  • Highest closed – $75,000 – 260 days on the market
  • Lowest closed – $9,900 – 8 days on the market
  • Of the closed sales 28.57% closed under 30 days while 14.29% were on the market greater than 120 days

August 22, 2010

• There are 15 active listings with an average list price of $40,300 ranging from $15,000 to $109,900
• There are 3 pending/under contract sales and in the past 30 days with an average sold price of $28,500 spending an average of 88 days on the market
• YTD there has been 10 closed sales with an average sold price of $39,690 spending an average of 64 days on the market
  • Highest closed – $75,000 – 260 days on the market
  • Lowest closed – $9,900 – 8 days on the market

June 19, 2010

• There are 14 active listings with an average list price of $42,642 ranging from $19,900 to $109,900
• There are 5 pending/under contract sales and in the past 30 days there has been 2 closed with an average sold price of $31,200 spending an average of 14 days on the market
• Year to date there has been 5 closed sales with an average sold price of $28,780 spending an average of 81 days on the market
  • Highest closed – $52,500 – 260 days on the market
  • Lowest closed – $9,900 – 8 days on the market

May 9, 2010

• There are 15 active listings with an average $40,453 ranging from $19,900 to $109,900
• There are 5 pending/under contract sales and no closed sales in the past 30 days
• YTD there has been 3 closed sales for an average closed price $27,166 spending an average of 126 days on the market
  • Highest sold – $35,500 – 260 days on the market
  • Lowest sold – $17,000 – 39 days on the market

April 6, 2010

• There are 15 active single-family homes for sale with an average list price of $38,625 ranging from $29,900 to $65,000
• There are two pending/under contract sales and in the past 30 days there has been no closed sales
• YTD there has been a total of 2 closed sales with an average closed price of $23,000 spending an average of 169 days on the market
  • Highest closed – $29,000 – 260 days on the market
  • Lowest closed – $17,000 – 79 days on the market

March 1, 2010

• There are 11 active single family homes for sale in Black Rock with an average list price of $41,309 ranging from $19,900 to $75,000
• There is one pending/under contract sale and no closed sales in the past 30 days.
• Year to date there has been 2 closed sales with an average closed price of $23,000 spending an average of 169 days on the market
• Highest closed sale – $29,000 – 260 days on the market
• Lowest closed sale – $17,000 – 79 days on the market

February 5, 2010

• There are 8 active single family homes for sale in the Black Rock area of Buffalo NY with an average list price of $411,137 ranging from $19,900 TO $75,000
• There is one pending/under contract sale and one closed sale in the past 30 days with closed price of $17,000 after spending 79 days on the market
• Year to date there has been a total of 2 closed sales with an average closed price of $23,000 spending an average of 169 days on the market
• Highest closed – $29,000 – 260 days on the market
• Lowest closed – $17,000 – 79 days on the market

December 29, 2009

• There are 9 active single family homes in Black Rock with an average list price of $49,743 ranging from $24,900 to $113,900
• There has been 1 pending/under contract and 1 closed sale in the past thirty days for $99,000 spending 59 days on the market
• Year to date there has been 33 closed sales with an average closed price of $38,123 spending an average of 50 days on the market
• Highest Closed – $99,000 – 212 days on the market
• Lowest Closed – $6,700 – 2 days on the market

November 9, 2009

• There are 11 active single family homes  with an average list price of $47,027 ranging from $24,900 to $113,900
• There are 8 pending/under contract sales with 2 closed sales in the past 30 days with an average closed price of $34,000 spending an average of 50 days on the market
• Year to date there has been 28 closed sales with an average closed price of $34,684 spending an average 55 days on the market
• Highest sold – $80,250 – 212 days on the market
• Lowest sold – $6,700 – 2 days on the market

August 24, 2009

• There are 19 active single-family homes for sale in Black Rock with an average list price of $50,252 ranging from $19,000 to $129,900
• There are 4 pending/under contract sales and in the past 30 days there has been a total of 6 closed with an average closed price of $50,666 spending an average of 44 days on the market
• Year to date there has been a total of 22 closed sales with an average closed price of $37,508 spending an average of 54 days on the market
  • Highest sold – $80,250 – 163 days on the market
  • Lowest sold – $6,700 – 2 days on the market

Thinking of selling your  Black Rock home? Interested in finding out the current market value of your single family home, condo or investment property? Then call Colleen Kulikowski at (716) 650-0051 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.