Erie County Waterfront Homes Market Report

Current Market Conditions

March 18, 2013

• There are 43 active listings with an average list price of $569,519 ranging in price from $79,900 to $1,900,000
• There are 24 pending/under contract sales and in the past 30 days there has been no closed sales
• YTD there has been 14 closed sales with an average sold price of $321,843 spending an average of 108 days on the market

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Past Market Reports

January 26, 2013

• There are 43 active listings with an average list price of $526,826 ranging in price from $77,000 to $1,900,000
• There are 20 pending/under contract sales and in the past 30 days there has been 8 closed sales with an average sold price of $254,025 spending an average of 119 days on the market
• In 2012 there were 110 closed sales with an average sold price of $258,278 spending an average of 89 days on the market

June 30, 2012

• There are 86 active listings with an average list price of $414,438 ranging in price from $85,500 to $2,400,000
• There are 31 pending/under contract sales and in the past 30 days there has been 8 closed sales with an average sold price of $227,167 spending an average of 47 days on the market
• YTD there has been 34 closed sales with an average sold price of $269,757 spending an average of 103 days on the market

• Highest – $689,000 – 419 days on the market
• Lowest – $100,000 – zero days on the market

May 28, 2012

• There are 77 active listings with an average list price of $431,499 ranging in price from $94,900 to $2,400,000
• There are 18 pending/under contract sales and in the past 30 days there has been 6 closed sales with an average sold price of $227,167 spending an average of 126
• YTD there has been 23 closed sales with an average sold price of $245,496 spending an average of 125 days on the market

• Highest – $592,000 – 419 days on the market
• Lowest – $100,000 – 3 days on the market

April 27, 2012

• There are 80 active listings with an average list price of $393,133 ranging in price from $94,900 to $1.1,950,000
• There are 18 pending/under contract sales and in the past 30 days there has been 2 closed sales with an average sold price of $263,000 spending an average of 72
• YTD there has been 15 closed sales with an average sold price of $232,093 spending an average of 135 days on the market

• Highest – $485,000 – 419 days on the market
• Lowest – $105,000 – 12 days on the market

March 20, 2012

• There are 71 active listings with an average list price of $408,068 ranging in price from $94,900 to $1.300,000
• There are 16 pending/under contract sales and in the past 30 days there has been 2 closed sales with an average sold price of $292,000 spending an average of 225
• YTD there has been 10 closed sales with an average sold price of $225,590 spending an average of 142 days on the market

• Highest – $485,000 – 419 days on the market
• Lowest – $105,000 – 12 days on the market

September 20, 2011

• There are 96 active listings with an average list price of $427,679 ranging in price from $89,900 to $2,090,000
• There are 20 pending/under contract sales and in the past 30 days there has been 8 closed sales with an average sold price of $232,500 spending an average of 195
• YTD there has been 53 closed sales with an average sold price of $234,911 spending an average of 133 days on the market

• Highest sold – $575,000 – 911 days on the market
• Lowest sold – $62,000 – zero days on the market

January 15, 2011

• There are 66 active listings with an average list price of $462,008 ranging from $69,900 to #2,200,000
• Days on the market Analysis
  • 3.03% spent 0-30 days on the market
  • 10.62% spent 31-60 days
  • 13.64% spent 61-90 days
  • 22.73% spent 91-120 days
  • 50% spent more than 120 days on the market
• There are 15 pending/under contract sales and in the past 30 days there has been 7 closed sales with an average sold price of $287,129 spending an average of 158 days on the market
• There have been no closed sales YTD

December 6, 2010

Erie County Waterfront

• There are 74 active listings with an average list price of $448,527 ranging from $50,000 to $2,290,000 with days on market:

• 0-30 days- 10.81%
• 31-60 days – 13.51%
• 61-90 days – 20.27%
• 91-120 days – 8.11%
• 120+ days – 47.3%

• There is 23 pending/under contract sales and in the past 30 days there has been 5 closed sales with an average sale price of $247,160 spending an average of 88 days on the market
• YTD there has been 69 closed sales with an average sold price of $269,715 spending an average of 89 days on the market

• Highest closed – $940,000 – 392 days on the market
• Lowest closed – $37,100 – 0 days on the market
• Of the closed sales 10.81% of the sales closed under 30 days

October 31, 2010

• There are 96 active listing with an average list price of $418,389 ranging from $19,900 to $2,290,000
• There are 21 pending/under contract sales with 8 closed sales in the past 30 days with an average sold price of $325,148 spending an average of 87 days on the market
• YTD there has been 59 closed sales with an average sold price of $217,333 spending an average of 106 days on the market
  • Highest closed – $400,000 – 568 days on the market
  • Lowest closed – $48,000 – zero days on the market

September 19, 2010

• There are 100 active listings with an average list price of $402,505 ranging from $25,000 to $2,290,000
• There are 28 pending/under contract sales and in the past 30 days there has been 4 closed sales with an average sold price of $274,039 spending an average of 73 days on the market
• YTD there has been 54 closed sales with an average sold price of $150,214 spending an average of 73 days on the market
  • Highest sold – $260,000 – 178 days on the market
  • Lowest sold – $48,000 – 1 day on the market

August 14, 2010

• There are 101 active waterfront listings in Erie county with an average list price of $428,927 ranging from $60,000 to $2,500,000
• There are 21 pending/under contract sales and in the past 30 days there has been 4 closed sales with an averstae sold price of $322,475 spending an average of 86 days on the market
• YTD there has been 36 closed sales with an average sold price of $240,440 spending an average of 87 days on the market
  • Highest closed – $940,000 – 392 days on the market
  • Lowest closed – $37,100 – zero days on the market

June 12, 2010

• There are 90 active listings with an average list price of $441,337 ranging from $70,000 to $2,500,000
• There are 20 pending/under contract sales and in the past 30 days there has been 3 closed sales with an average closed price of $195,362 spending an average of 23 days on the market
• YTD there has been 19 closed sales with an average closed price of $246,392 spending an average of 81 days on the market
  • Highest closed – $940,000 – 392 days on the market
  • Lowest closed – $37,100 – zero 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.

Thinking of selling your ———– 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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All Statistics are gathered from the Buffalo Niagara Association of REALTORS®.

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