Buffalo New York Condos for Sale Market Report

Buffalo New York is a wonderful place to call home.  Living in the city there is a diverse selection of places to call home.   There are some great single-family and multi-family homes in the city, but there are also a great collection of condos for those that do not want to have a yard to take care of.

Current Market Report for Buffalo Condos for Sale

January 4, 2012

• There are 64 active listings with an average list price of $349,628 ranging from $63,300 to $899,000
• There are 9 pending/under contract sales and in the past 30 days there has been 2 closed sales with an average sold price of $270,000 spending an average of 42 days on the maket

Selection of Buffalo Condos for sale

Past Market Reports

January 4, 2012

• There are 68 active listings with an average list price of $335,736 ranging from $64,999 to $1,300,000
• There are 22 pending/under contract sales and in the past 30 days there has been 4 closed sales with an average sold price of $132,250 spending an average of 146 days on the maket
• YTD there has been 22 closed sales with an average sold price of $224,418 spending an average of 130 days on the market
  • Highest – $565,000 – 486 days on the market
  • Lowest – $76,000 – 6 days on the market

March 8, 2011

• There are 63 active listings with an average list price of $311,713 ranging from $69,900 to $1,300,000
• There are 5 pending/under contract sales and in the past 30 days there has been 4 closed sales wth an average sold price of $273,420 spending an average of 162 days on the market
• Year to date there has been 9 closed sales with an average sold price of $229,711 spending an average of 152 days on the market
  • Highest closed – $510,000 – 450 days on the market
  • Lowest closed – $76,000 – 8 days on the market

January 20,2011

• There are 57 active listings with an average list price of $334,456 ranging from $1,995 to $ 1,300,000 with an average of days on market:
  • 0-30 days- 8.77%
  • 31-60 days – 12.28%
  • 61-90 days – 8.77%
  • 91-120 days – 17.54%
  • 120+ days – 52.63%
• There is 11 pending/under contract sale and in the past 30 days there has been 2 closed sales with an average sale price of $205,000 spending an average of 59 days on the market.

December 21, 2010

• There are 62 active listings with an average list price of $334,416 ranging from $1,995 to $334,416 with days on market:
  • 0-30 days- 11.29%
  • 31-60 days – 8.06%
  • 61-90 days – 20.97%
  • 91-120 days – 12.9%
  • 120+ days – 46.77%
• There is 13 pending/under contract sales and in the past 30 days there has been 4 closed sales with an average sale price of $134,770 spending an average of 107 days on the market .
• YTD there has been an average sold price of $223,850 spending an average of 99 days on the market .
  • Highest closed – $695,000 – 824 days on the market
  • Lowest closed – $57,900 – 0 days on the market
  • Of the closed sales 40.79% of the sales closed under 30 days

November 8, 2010

• There are 70 active listings with an average list price of $319,163 ranging from $94,900 to $1,300,000
• There are 21 pending/under contract sales and in the past 30 days there has been 2 closed sales with an average sold price of $405,000 spending an average of 43 days on the market
• YTD there has been 62 closed sales with an average sold price of $213,972 spending an average of 102 days on the market
  • Highest closed – $565,000 – 824 days on the market
  • Lowest closed – $52,000 – zero days on the market

October 22, 2010

• There are 69 active listings with an average list price of $321,463 ranging from $1,995 to $1,300,000 with days on market:
  • 0-30 days- 20.29%
  • 31-60 days – 15.94%
  • 61-90 days – 13.04%
  • 91-120 days – 7.25%
  • 120+ days – 43.48%
• There are 22 pending/under contract sales and in the past 30 days there has been 6 closed sales with an average sold price of $198,750 spending an average of 43 days on the market
• YTD there has been 190 closed sales with an average sold price of $132,939 spending an average of 25 days on the market
  • Highest closed – $565,000 – 824 days on the market
  • Lowest closed – $52,500 – zero days on the market
  • Of the closed sales 45.9% of the sales closed under 30 days

September 21, 2010

• There are 73 active listings with an average list price of $325,746 ranging from $49,900 to $1,300,000
  • 36.47% of the active listings have been on the market greater than 120 days
• There are 18 pending/under contract sales and in the past 30 days there has been 4 closed sales with an average sold price of $154,625 spending an average of 75 days on the market
• YTD there has been 54 closed sales with an average sold price of $209,237 spending an average of 111 days on the market
  • Highest closed – $565,000 – 845 days on the market
  • Lowest closed – $52,500 – zero days on the market
  • Of the closed sales 44.44% were sold under 30 days

July 26, 2010

• There are 69 active listings with an average list price of $315,567 ranging from $59,900 to $1,300,000
• There are 20 pending/under contract sales and in the past 30 days there has been 8 closed sales with an average sold price $216,863 spending an average 30 days on the market
• YTD there has been 41 closed sales with an average closed price of $220,117 spending an average of 120 days on the market
  • Highest closed – $555,000 – 824 days on the market
  • Lowest closed – $85,000 – zero days on the market

June 1, 2010

• There are currently 62 active listings with an average list price of $281,051 ranging from $57,900 to $790,000
• There are 33 pending/under contract sales and in the past 30 days there has been 5 closed sales with an average closed price of $231,130 spending an average of 172 days on the market
• YTD there has been 18 closed sales with an average sold price of $240,633 spending an average of 218 days on the market
  • Highest closed – $555,000 – 824 days on the market
  • Lowest closed – $114,000 – 1 day on the market

April 26, 2010

• There are 70 active listings with an average list price of $275,114 ranging from $62,900 to $790,000
• There are 28 pending/under contract sales and in the past 30 days that there has been 1 closed sale with a closed sale of $132,500 spending 125 days on the market
• YTD there has been 8 closed sales with an average closed price of $225,500 spending an average of 116 days on the market
  • Highest closed – $417,500 – 824 days on the market
  • Lowest closed 114,000 – 33 days on the market

March 18, 2010

• 68 active condos in the City of Buffalo with an average list price of $291,467 ranging from $79,900 to $950,000
• There are 3 pending/under contract sale at this time and in the past 30 days there has been 1 closed sale for $125,000 after 45 days on the market
• YTD there has been 4 closed sales with an average closed price of $246,750 spending an average of 336 days on the market
  • Highest closed – $380,000 – 824 days on the market
  • Lowest closed – $125,000 – 40 days on the market

February 16, 2010

• There are 55 active condos for sale in the City of Buffalo with an average list price of $284,025 ranging from $79,900 to $790,000
• There are 2 pending/under contract sales and in the past 30 days there has been 1 closed sale
• YTD there has been 2 closed sales with an average closed price of $293,500 spending an average of 499 days on the market
  • Highest closed – $380,000 – 824 days on the market
  • Lowest sold – 207,000 – 174 days on the market

January 18, 2010

• There are 57 active listings in the city of Buffalo for condos with an average list price of $276,943 ranging from $62,000 to $790,000
• There are two pending/under contract sales and in the past 30 days there was 4 closed sales with an average closed price of $393,750 spending an average of 118 days on the market
• In 2009 there has been a total of 65 closed sales with an average sold price of $210,571 spending an average of 72 days on the market
• Highest sold – $650,000 – 285 days on the market
• Lowest sold – $32,400 – zero days on the market

November 13, 2009

• There are 61 active listings with an average list price of $293,152 ranging from $62,000 to $1,400,000
• There are 12 pending/under contract sales and in the past 30 days there has been 2 closed sales with an average closed price of $120,750 spending an average of 30 days on the market
• Year to date there has been 54 closed sales with an average closed price of $188,095 spending an average of 70 days on the market
• Highest sold – $475,000 – 285 days on the market
• Lowest sold – $32,400 – zero days on the market

October 5, 2009

• There are 59 active condo/town home listings in the City of Buffalo with an average list prcie fo $238,345 ranging from $30,000 to $895,000
• There are 18 pending/under contract sales and in the past 30 days there has been no closed sales.
• There has been 46 closed condo sales in the City of Buffalo with an average closed price of $186,005 spending an average of 69 days
  • Highest Sold – $475,000 – 285 days on the market
  • Lowest sold – $32,400 – zero days on the market

July 19, 2009

• There are 67 active condos/town homes for sale in the city of Buffalo with an average list price of $317,456 ranging from $30,000 to $1,400,000
• There are currently 4 pending/under contract sales and 6 closed sales in the past 30 days with an average closed price of $214,233 spending an average of 43 days on the market
• Year to date there was 32 closed sales with an average closed price of $183,333 spending an average of 75 days on the market
  • Highest sold – $475,000 – 285 days on the market
  • Lowest sold – $32,400 – zero days on the marke

May 25, 2009

• There are 63 active condos for sale in the city of Buffalo with an average list price of $324,692 ranging from $34,900 to $1,400,000
• There are 3 pending/under contract condos at this time and in the last 30 days there has been a total of 9 closed sales with an average closed price of $248,700 spending an average of 68 days on the market
• Year to date there has been a total of 22 closed sales with an average closed price of $175,318 spending an average of 73 days on the market

Highest sold – $475,00 – 277 days on the market
Lowest sold – $32,400 – zero days on the market

April 21, 2009

• As of April 21, 2009 there are currently 70 active condos for sale in Buffalo NY with an average list price of $305,809 ranging from $62,000 to $850,000
• There are currently 5 pending sales and two closed sales of condos in Buffalo in the past thirty days with an average closed price of $78,700 and spending an average of 51 days on the market
• Year to date there has been a total of 12 closed sales with an average closed price of $125,558 and spending an average of 70 days on the market
  • Highest sold – $179,558 – 277 days on the market
  • Lowest sold – $32,400 – zero days on the market

February 20, 2009

• There are currently 64 active listings for condos in Buffalo NY with an average list price of $320,710 and ranging from $62,000 to $850,000
• There are currently 5 under contract or pending sales for condos in Buffalo NY
• In the prior 30 days there has been a total of 3 closed condos with an average closed price of $129,300 and the condos spent an average of 99 days on the market
• Year to date there has been a total of 6 closed sales with an average closed price of $129,800 and spending an average of 83 days on the market
  • Highest sold $179,000 – 277 days on the market
  • Lowest sold $86,000 – 1 day on the market

September 30, 2008

• There are currently 41 active condos for sale in Buffalo NY ranging from $77,900 to $849,000 with an average list price of $379,546
• There are 4 pending sales for Buffalo condominiums
• In the past thirty days there has been 5 closed Condo Sales in Buffalo NY with an average sold price of $158,840 spending an average of 41 days on the market
• Year to date there has been a total of 41 closed condo sales with an average closed sale price of $176,759 and spending an average of 44 days on the market
  • Highest sold condo in Buffalo YTD for $620,000 – 174 days on the market
  • Lowest sold Buffalo Condo YTD sold for $21,000 – zero days on the market

Buffalo Waterfront Condos

• Currently there are 6 active waterfront condominiums for sale in the City of Buffalo average list price of $449,917 ranging from $229,900 to $599,900
• There are no pending sales
• In the past 30 days there has been one sale that spent zero days on the market and sold for $470,000
• Year to date there has been a total of 6 Waterfront Condos sold in Buffalo with an average sales price of $307,433
  • Highest sold Buffalo Waterfront Condo sold for $470,000 – 134 days on the market
  • Lowest sold Waterfront condo sold in Buffalo for $240,000 – zero days on the market

Thinking of selling your Erie County home? Interested in finding out the current market value of your single family home, condo or investment property? Then call www.BestBuffaloHomes.com 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 or assist you to purchase a home. View additional WNY Market Area Statistics here.

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