The community of DeVeaux is a popular subdivision just north of Niagara Falls with Lewiston and Youngstown to the north of the area. Close to Niagara University, this community is popular location for those that work there to call home.   Year to date there has been two closed sales in DeVeaux:
906 Morley Avenue closed for $161,000
1136 Garrett Avenue closed for $86,417
The same time period (January 1 – May 14, 2007 saw 20 single-family homes selling in the Niagara Falls New York community of DeVeaux with an average sales price of $83,880:
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Highest sold in 2007 during this time period sold for $190,000 after spending 402 days on the market
- Lowest sold in 2007 during this time period sold for $29,999 after sending 4 days on the market
Currently there are:
- Two homes that are pending or under contract in DeVeaux
- There are a total of 21 active single-family homes for sale in DeVeaux with an average asking price of $94,352
- Highest Listed DeVeaux property: 4239,900
- Lowest listed DeVeaux home:Â $49,900
- In the past 30 days one home in DeVeaux has closed and Year-to-date there has been two homes sold in DeVeaux for an average sold price of $123,709 after 12 days on the market.
- Highest Sold YTD in DeVeaux $161,000 (15 Days on the market)
- Lowest SOLD YTD in DeVeaux $86,417 (9 Days on the market)
What do these numbers mean?  Well currently at the rate of sales that are going it will take 23 months to absorb all of the current inventory. This is not good, coupled with the fact that sales for single-family homes in DeVeaux is off to last year’s pace of sales means this community is in a serious buyers market. There is good news for DeVeaux homeowners.  When homes are priced correctly, they sell quickly with the year to date days on the market being 12 days as opposed to last years of 91 Days on the market.
Thinking of selling your DeVeaux home? Interested in finding out the current market value of your DeVeaux single family home? Call Colleen Kulikowski at (716) 743-5297 to discuss what is happening in today’s Western New York Real Estate Market. Or feel free to fill out the form below and I will be happy to provide you with a brief summary of the market as it pertains to your home. View additional .
All Statistics are gathered from the Buffalo Niagara Association of REALTORS®.
Previous Market Reports for DeVeaux:
