City of Buffalo Foreclosures

April 19, 2012

• There are 18 active single family homes with an average list price of $52,054 ranging from $13,900 to $149,900
• There are 15 pending/under contract sales and 2 closed sales in the past 30 days with an average sold price of $16,625 spending an average of 12 days on the market
• YTD there has been 5 closed sales with an average sold price of $44,088 spending an average of 16 days on the market

• Highest – $83,100 – 21 days on the market
• Lowest – $8,000 – 17 day on the market

Here is a selection of Properties that are listed on the MLS as Foreclosure/REO/Short Sale or Bank Owned properties.

Past Market Reports

March 24, 2012

• There are 18 active single family homes with an average list price of $63,159 ranging from $15,600 to $179,900
• There are 16 pending/under contract sales and no closed sales in the past 30 days
• YTD there has been 2 closed sales with an average sold price of $71,550 spending an average of 19 days on the market

• Highest – $83,100 – 21 days on the market
• Lowest – $60,000 – 17 day on the market

December 3, 2011

• There are 11 active single family homes with an average list price of $48,600 ranging from $11,900 to $89,000
• There are 10 pending/under contract sales and no closed sales in the past 30 days
• YTD there has been 31 closed sales with an average sold price of #32,152 spending an average of 53 days on the market

• Highest – $172,000 – 233 days on the market
• Lowest – $6,000 – 1 day on the market

November 8, 2010

• There are 21active listings with an average list price of $35,529 ranging from $17,000 to $162,900
• There are 11 pending/under contract sales and in the past 30 days there has been 33 closed sales

September 6, 2010

• There are 15 active listings with an average list price of $35,993 ranging from $12,000 to $46,900
• There are 15 pending/under contract sales and no closed sales in the past 30 days
• YTD there has been 31 closed sales with an average sold price of $21,471 spending an average of 47 days on the market
  • Highest closed sale – $72,000 – 261 days on the market
  • Lowest closed sale – $3,000 – zero days on the market

July 1, 2010

• There are 15 active listings with an average list price of $24,245 ranging from $9,900 to $53,900
• There are 12 pending/under contract sales and in the past 30 days there has been 1 closed sale for $72,000 spending 9 days on the market
• YTD there has been 26 closed sales with an average sold price of $18,069 spending an average of 79 days on the market.
  • Highest closed – $72,000 – 261 days on the market
  • Lowest closed – $3,000 – 3 days on the market

May 25, 2010

• There are 25 active homes with an average list price of $31,319 ranging from $9,900 to $62,900
• There are 10 pending/under contract sales and in the past 30 days there has been 4 closed sales with an average sold price of $13,900 spending an average of 39 days on the market
• YTD there has been 24 closed sales with an average closed price of $16,370 spending an average of 51 days on the market
  • Highest closed – $48,000 – 261 days on the market
  • Lowest closed – $3,000 – 3 days on the market

April 16, 2010

• There are 10 active listings with an average list price of $27,109 ranging from $9.900 to $60,000
• There are 14 under contract/pending sales and in the past 30 days there has been 7 closed sales with an average closed price of $20,700 spending an average of 39 days on the market
• YTD there has been a total of 20 closed distressed sales in the City of Buffalo with an average closed price of $16,865 spending an average of 53 days on the market
  • Highest closed – $48,000 – 261 days on the market
  • Lowest closed – $3,000 – 3 days on the market

For more information call Colleen Kulikowski

(716) 650-0051

Thinking of selling your Western New York 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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