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July 2008 Real Estate Market Report for Niagara Falls NY

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Niagara Falls NY

Niagara Falls has several communities within it, the first report is all of and then I am providing you the breakdown for the DeVeaux Section of Niagara Falls.  Niagara Falls is surrounded by natural beauty and full of cultural experiences for those that live in Niagara Falls.

All Single Family Homes in Niagara Falls NY:

  • 254 Active listings ranging from $9,500 to $539,900 with an average list price of $71,889
  • There are 13 pending sales of single-family homes in Niagara Falls
  • There has been a total of 29 closed sales in the past 30 days in Niagara Falls with an average sales price of $62,426 and spending an average of 70 days on the market.
    • Highest $180,000 – 393 days on the market
    • Lowest $8,000 – 0 days on the market
  • Year to date there has been a total of 181 homes sold in all of Niagara Falls with an average sales price of $58,918 and spending an average of 79 days on the market.
    • Highest sold Year to date – $335,000 – 603 days on the market
    • Lowest sold year to date – $5,000 – 0 days on the market

Market Report for All Niagara Falls Multi-family homes for sale:

  • In all of Niagara Falls there are are 7 pending and 117 homes for sale with an average listing price of $49,238 ranging in price $4,999 to $159,900.
  • In the past 30 days there has been 10 multi-family homes sold with an average of $31,400 and spending an average of 55 days on the market.
    • Highest sold – $63,500 – 135 days on the market
    • Lowest sold – $10,000 – 10 days on the market
  • Year to date there were 55 homes closed there was an average of $26,333 and 31 days on the market.
    • Highest – $50,000 – 72 days on the market
    • Lowest – $9,000 – 6 days on the market

Market Report for DeVeaux Single-Family Homes for Sale:

  • 1 Pending sale and 21 active listings for homes for sale in DeVeaux with an average list price of $91,852.  Highest $159,900 and lowest $44,900.
  • Sold in the past 30 days were 4 homes sold for an average of $77,875 and spending an average of 92 days on the market.
    • Highest – $102,500 – 212 days on the market
    • Lowest – $59,000 – 15 days on the market
  • Year to date there has been 10 homes sold in DeVeaux with an average sales price of $88,810 and spending an average 70 days on the market.
    • Highest year to date – $161,000 – 212 days on the market
    • Lowest year to date – $51,000 – 9 days on the market

Thinking of selling your Niagara Falls home? Interested in finding out the current market value of your single family home, condo or investment property? Then call Colleen Kulikowski at (716) 743-5297 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 and check out the Niagara County Market Report for July 2008 and the Erie County Market Report for July 2008.

All Statistics are gathered from the Buffalo Niagara Association of REALTORS®.

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If you enjoyed this Buffalo Real Estate article, make sure you subscribe to our RSS feed! You can also follow me on Twitter here. This site is provided to you by Colleen Kulikowski, Licensed Real Estate Salesperson at Turning Key Realty. Colleen specializes in the sale of homes in the Greater Western New York Region of New York state selling homes and condos in all eight WNY counties of Allegany, Cattaragus, Chautauqua, Erie, Genesee, Niagara, Orleans and Wyoming counties.

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