Lancaster New York Real Estate Market Report – December 2011

Current Real Estate Market Report for Lancaster NY

December 20, 2011

• There are 179 active single-family homes with an average list price of $195,191 ranging from $7,500 to $459,900
• There are 56 pending/under contract with 14 closed sales in the past 30 days with an average sale price of $152,800 spending an average of 60 days on the market
• Year to date there has been 281 closed sales with an average sold price of $169,425 spending an average of 68 days on the market

• Highest – $530,000 – 467 days on the market
• Lowest – $27,056 – zero days on the market

Here are a few samples of homes for sale in Lancaster NY

Past Market Reports

August 27, 2011

• There are 211 active single-family homes with an average list price of $206,548 ranging from $499,000
• There are 60 pending/under contract with 29 closed sales in the past 30 days with an average sale price of $181,562 spending an average of 48 days on the market
• Year to date there has been 190 closed sales with an average sold price of $168,088 spending an average of 64 days on the market

• Highest – $530,000 – 280 days on the market
• Lowest – $27,056 – zero days on the market

July 4, 2011

• There are 172 active listings with an average list price of $214,825 ranging from $59,900 to $519,000
• There are 92 pending/under contract sales and in the past 30 days there has been 20 closed sales with an average sold price of $131,300 spending an average of 38 days on the market
• YTD there has been 120 closed sales with an average sold price of $164,661 spending an average of 67 days on the market
  • Highest – $530,000 – 280 days on the market
  • Lowest – $33,000 – zero days on the market

March 11, 2011

• There are 173 active listings with an average list price of $218,557 ranging from $40,000  to $475,000
• There are 54 pending/under contract sales and in the past 30 days there has been 9 closed sales with an average sold price of $167,467 spending an average of 43 days on the market
• YTD there has been 130closed sales with an average sold price of $193,917  spending an average of 53 days on the market
  • Highest closed – $530,000 – 198 days on the market
  • Lowest closed – $ 80,000 spending 53 days on the market

February 4, 2011

• There are 181 active listings with an average list price of $211,637 ranging from $39,000 to $464,900
• There $3e are 35 pending/under contract sales and in the past 30 days there has been 14 closed sales with an average sold price of $166,607spending an average of 55 days on the market
• YTD there has been 15 closed sales with an average sold price of $177,894 spending an average of 64 days on the market
  • Highest closed – $179,826 – 198 days on the market
  • Lowest closed – $4 days on the market

January 8, 2011

• There are 171 active listings with an average list price of $217,920 ranging from $52,900 to $464,900
• There are 42 pending/under contract sales and in the past 30 days there has been 18 closed sales with an average closed sale of $156,372 spending an average of 50 days on the market
• YTD there has been 1 closed sale for $364,900 spending 198 days on the market

December 2010

• There are 121 active listings with an average price of #259,009 ranging from $109,700 to $424,500
  • Of the active 13.22% have been on the market less than 30 days while 38.02% have been on the market greater than 120 days
• There are 34 pending under contract sales and in the past 30 days there has been 9 closed sales with an average sold price of $224,303 spending an average of 63 days on the market
• Year to date there has been 181 closed sales with an average sold price of $208,038 spending an average of 58 days on the market
  • Highest closed – $399,900 – 353 days on the market
  • Lowest closed – $28,500 – zero days on the market
  • Of the closed sales 44.75% of homes sold in under 30 days

November 2, 2010

• There are 193 active listings with an average list price of $165,525 ranging from $79,900 to $269,900
• There are 8 pending/under contract sales and in the past 30 days there has been 15 closed sales with an average sold price of $186,813 spending an average of 43 days on the market
• YTD there has been 249 closed sales with an average sold price of $178,013 spending an average of 51 days on the market
  • Highest closed – $402,900 – 353 days on the market
  • Lowest closed – $28,500 – zero days on the market

October 10, 2010

• There are 198 active listings with an average listing price of $208,338 ranging from $34,900 to $424,500
• There are 57 pending/under contract sales with 18 closed sales in the past 30 days with an average sold price of $162,489 spending an average of 46 days on the market
• YTD there has been 231 closed sales with an average closed price of $172,680 spending an average of 50 days on the market
  • Highest closed – $399,900 – 353 days on the market
  • Lowest closed – $28,500 – zero days on the market

August 22, 2010

• There are 175 active listings with an average listing price of $212,994 ranging from $39,000 to $439,000
• There are 68 pending/under contract sales and in the past 30 days there has been 11 closed sales with an average sold price of $220,086 spending an average of 51 days on the market
• YTD closed 186 sales in Lancaster with an average sold price of $172,724 spending an average of 51 days on the market
  • Highest closed – $399,900 – 353 days on the market
  • Lowest closed – $28,500 – zero days on the market
  • 50.54% sold YTD sold in under 30 days

July 11, 2010

• 177 active listings with an average list price of $210,048 ranging from $44,900 to $419,900
• 71 pending/under contract sales and in the past thirty days there has been 45 closed sales with an average of $154,104 spending an average of 82 days on the market
• YTD there has 139 sold with an average sold price of $164,673 spending an average of 53 days on the market
  • Highest closed – $399,900 – 353 days on the market
  • Lowest closed – $28,500 – zero days on the market

May 24, 2010

• There are 174 active listings with an average list price of $217,715 ranging from $44,900 to $429,900
• There are 102 pending/under contract sales and in the past 30 days there has been 12 closed sales with an average closed price of $163,607 spending an average of 72 days on the market
• Year to date there has been 67 closed sales with with an average closed price of $172,847 spending an average of 59 days on the market
  • Highest closed – $399,900 – 353 days on the market
  • Lowest closed – $48,067 – zero days on the market

April 16, 2010

• There are 181 active listings with an average list price of $205,234 ranging from $37,800 to $429,900
• There are 72 pending/under contract sales and in the past thirty days there has been 18 closed sales with an average closed price of $186,550 spending an average of 58 days on the market
• YTD there has been 37 closed sales with an average closed price of $175,220 spending an average of 51 days on the market
  • Highest closed – $399,900 – 353 days on the market
  • Lowest closed – $48,067 -  zero days on the market

March 10, 2010

• There are 162 active listings with an average list price of $213,641 ranging from $42,000 to $409,900
• There were 11 under contract/pending sales and in the past 30 days there has been 6 closed sales with an average closed price of $121,783 spending an average of 40 days on the market
• Year to date there has been 14 closed sales with an average closed price of $141,976 spending an average of 40 days on the market
  • Highest closed – $262,000 – 90 days on the market
  • Lowest closed – $48,067 – zero days on the market

February 10, 2010

• There are 154 active listings with an average list price of $217,821 ranging from $59,900 to $499,900
• There are 7 pending/under contract sales and in the past 30 days there has been 4 closed sales with an average closed price of $111,516 spending an average of 26 days on the market
• Year to date there has been a total of 6 closed sales with an average closed price of $129,661 spending an average of 37 days on the market
  • Highest sold – $189,000 – 78 days on the market
  • Lowest sold – $48,067 – 6 days on the market

January 17, 2010

• There are 137 active listings in Lancaster with an average list price of $226,346 ranging from $59,900 to $499,900
• There are 7 pending/under contract sales and in the past 30 days there were 7 closed sales with an average closed price of $237,252 spending an average of 20 days on the market
• In 2009 there were a total of 298 closed sales with an average closed price of $167,532 spending an average of 60 days on the market
• Highest closed sale in 2009 – $367,000 – 360 days on the market
• Lowest closed sale in 2009 – $21,100 – zero days on the market

November 17, 2009

• There are 132 active single family homes for sale with an average list price of $224,905 ranging from 49,500 to $402,900
• There are 62 pending/under contract sales and in the past 30 days there were 13 closed sales with an average closed price of $149,130 spending an average of 41 days on the market
• Year to date there has been a total of 245 closed sales with an average closed price of $166,785 spending an average of 63 days on the market
  • Highest sold – $349,900 – 360 days on the market
  • Lowest sold – $21,100 – zero days on the market

Related Lancaster Real Estate Market Reports:

• Village of Lancaster NY Market Report April 2008
• Town of Lancaster Single-family Market Report – April 2008
• Town of Lancaster NY Single Family Home Market Report Feburary 2008

Interested in finding out the current market value of your Lancaster home?  Call or visit our CMA Request page to request your free no obligation Market Analysis of your Lancaster home.

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

Properties found on this Web site may be listed with a brokerage other than the owner of this site and are displayed here via the Internet Data Exchange (IDX) system of this broker’s MLS. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing nor displaying broker shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. © 2011 Western New York Real Estate Information Services (WNYREIS), LLC. All rights reserved.