Lewiston Real Estate Market Report

Lewiston Homes for SaleCurrent Real Estate Market Conditions for Lewiston NY

June 1, 2014

  • There are 70 active listings with an average list price of $283,226 ranging from $69,900 to $1,000,000
  • There are 27 pending/under contract sales and in the past thirty days there has been 3 closed sales with an average of sold price of $164,633 spending an average of 17 days on the market
  • YTD there has been 36 closed sales with an average sold price of $167,156 spending an average of 58 days on the market

Selection of Lewiston Homes for Sale

Past Market Stats for Lewiston NY

March 23, 2014

  • There are 55 active listings with an average list price of $69,900 ranging from $52,900 to $1,000,000
  • There are 18 pending/under contract sales and in the past thirty days there has been 9 closed sales with an average of sold price of $162,600 spending an average of 58 days on the market
  • YTD there has been 18 closed sales with an average sold price of $175,661 spending an average of 50 days on the market

January 6, 2014

  • There are 49 active listings with an average list price of $386,798 ranging from $52,900 to $4,850,000
  • There are 20 pending/under contract sales and in the past thirty days there has been 4 closed sales with an average of sold price of $167,611 spending an average of 117 days on the market
  • In 2013 there were 156 closed sales with an average sold price of $198,031 spending an average of 65 days on the market
  • In 2012 there were 109 closed sales with an average sold price of $156,752 spending an average of 90 days on the market
  • In 2011 there were 114 closed sales with an average sold price of $163,277 spending an average of 106 days on the market

June 30, 2013

  • There are 66 active listings with an average list price of $371,670 ranging from $79,900 to $4,850,000
  • There are 56 pending/under contract sales and in the past thirty days there has been 9 closed sales with an average of sold price of $167,611 spending an average of 67 days on the market
  • YTD there has been 50 closed sales with an average sold price of $169,422 spending an average of 101 days on the market

March 9, 2013

  • There are 51 active listings with an average list price of $316,681 ranging from $79,000 to $4,850,000
  • There are 26 pending/under contract sales and in the past thirty days there has been 8 closed sales with an average of sold price of $198,613 spending an average of 84 days on the market
  • YTD there has been 15 closed sales with an average sold price of $191,193 spending an average of 89 days on the market

February 19, 2013

  • There are 46 active listings with an average list price of $223,383 ranging from $89,900 to $749,000
  • There are 28 pending/under contract sales and in the past thirty days there has been 3 closed sales with an average of sold price of $206,867 spending an average of 186 days on the market
  • YTD there has been 6 closed sales with an average sold price of $162,600 spending an average of 169 days on the market

November 7, 2012

  • There are 66 active listings with an average list price of $246,833 ranging from $69,900 to $1,100,000
  • There are 32 pending/under contract sales and in the past thirty days there has been 5 closed sales with an average of sold price of $186,480 spending an average of 112 days on the market
  • YTD there has been 83 closed sales with an average sold price of $152,395 spending an average of 85 days on the market
  • Highest – $475,000
  • Lowest – $45,000

June 29, 2012

  • There are 77 active listings with an average list price of $247,155 ranging from $80,000 to $899,000
  • There are 33 pending/under contract sales and in the past thirty days there has been 7 closed sales with an average of sold price of $128,661 spending an average of 103 days on the market
  • YTD there has been 37 closed sales with an average sold price of $146,093 spending an average of 95 days on the market
  • Highest – $440,000 – 411 days on the market
  • Lowest – $45,000 – 3 days on the market

May 27, 2012

  • There are 84 active listings with an average list price of $245,839 ranging from $80,000 to $899,000
  • There are 25 pending/under contract sales and in the past thirty days there has been 6 closed sales with an average of sold price of $177,692 spending an average of 56 days on the market
  • YTD there has been 30 closed sales with an average sold price of $150,160 spending an average of 93 days on the market
  • Highest – $440,000 – 411 days on the market
  • Lowest – $45,000 – 3 days on the market

March 19, 2012

  • There are 73 active listings with an average list price of $265,658 ranging from $80,000 to $979,000
  • There are 20 pending/under contract sales and in the past thirty days there has been 6 closed sales with an average of sold price of $116,317 spending an average of 143 days on the market
  • YTD there has been 16 closed sales with an average sold price of $129,275 spending an average of 103 days on the market
  • Highest – $230,000 – 379 days on the market
  • Lowest – $45,000 – 3 days on the market

February 16, 2012

  • There are 67 active listings with an average list price of $257,867 ranging from $80,000 to $1,100,000
  • There are 26 pending/under contract sales and in the past thirty days there has been 5 closed sales with an average of sold price of $156,700 spending an average of 53 days on the market
  • YTD there has been 9 closed sales with an average sold price of $138,944 spending an average of 83 days on the market
  • Highest – $230,000 – 379 days on the market
  • Lowest – $45,000 – 3 days on the market
Year #Sold Average
Sold Price
Average
DOM
Highest
Sold Price
Highest
DOM
Lowest
Sold Price
Lowest DOM
2009 112 $152,075 57 $459,900 370 $51.000 0
2008 130 $168,063 61 $995,000 240 $37,000 0
2007 125 $167,098 77 $672,000 545 $31,000 0
2006 142 $153,264 73 $600,000 464 $22,000 0

Smart sellers in Lewiston will price their homes at or just below the current comparable sales to ensure that their home will sell. Sales in Lewiston are below the sales last year at this time of 117 closed sales with an average closed price of $171,043 spending an average of 58 days on the market. Keep in mind that the highest sold home last year in Lewiston sold for $995,000 where this year the highest sold for $459,900.

The current absorption rate is climbing as last month it was 67 weeks of inventory and as of today there is 101 weeks of inventory. When you are looking at the absorption rate, it is a snapshot of what is happening at the time it was taken. It is looking at the active homes for sale at the time vs. the number of closed sales in the prior 30 days. So the rate of absorption will vary with the amount of homes available for sale. Here is the how the absorption rate looks historically:

# of Weeks Date
100.53 11/14/09
66.86 10/17/09
41.17 8/1/09
50.14 7/1/09
28.17 5/31/08
32.30 4/25/09
125.67 3/18/09
85.58 2/9/09
n/a 12/28/08
30.33 12/1/08
44.78 9/24/08
25.13 8/16/08
40.44 6/1/08
29.33 5/3/08
35.97 4/7/08

Other Market Reports

Past Lewiston NY Market Reports

August 24, 2011

  • There are 81 active listings with an average list price of $228,625 ranging from $89,900 to $699,000
  • There are 36 pending/under contract sales and in the past 30 days there has been 8 closed sales with an average sold price of $165,938 spending an average of 162 days on the market
  • YTD there has been 57 closed sales with an average sold price of $171,023 spending an average of 128 days on the market
  • Highest – $510,000 – 931 days on the market
  • Lowest – $75,000 – 2 days on the market

February 15,2011

  • There are 80 active listings with an average list price of $214,944 ranging from $74,900 to $724,900 with days on market:
    • 0-30 days- 13.75%
    • 31-60 days – 12.5%
    • 61-90 days – 10%
    • 91-120 days – 12.5%
    • 120+ days – 51.25%
  • There is 13 pending/under contract sales and in the past 30 days there has been 2 closed sales with an average sale price of $181,133 spending an average of 78 days on the market .

January 17,2011

  • There are 77 active listings with an average list price of $213,692 ranging from $74,900 to $724,900 with days on market:
    • 0-30 days- 14.29%
    • 31-60 days – 11.69%
    • 61-90 days – 11.69%
    • 91-120 days – 18.18%
    • 120+ days – 44.16%
  • There is 11 pending/under contract sales and in the past 30 days there has been 2 closed sales with an average sale price of $151,100 and an average of 85 days on the market.

December 21, 2010

  • There are 74 active listings with an average list price of $224,271 ranging from $84,900 to $724,900
  • There are 18 pending/under contract sales and in the past thirty days with an average sold price of $151,383 spending an average of 128 days on the market
  • YTD there has been 124 sold listings with an average sold price of $160,925 spending an average of 82 days on the market
    • Highest closed – $520,000 – 510 days on the market
    • Lowest closed – $25,000 – zero days on the market

November 3, 2010

  • There are 84 active listings with an average list price of $211,958 ranging from $90,000 to $724,900
  • There are 30 pending/under contract sales and in the past 30 days there has been 9 closed sales with an average sold price of $162,711 spending an average of 90 days on the market
  • YTD there has been 102 closed sales with an average closed price of $163,084 spending an average of 79 days on the market
    • Highest closed – $520,000 – 510 days on the market
    • Lowest closed – $25,000 – zero days on the market

October 11, 2010

  • There are 84 active listings with an average list price of $223,467 ranging from $43,90 to $749,900
  • There are 34 pending/under contract sales and in the past 30 days there has been 10 closed sales with an average sold price of $176,390 spending an average of 155 days on the market
  • YTD there has been 93 closed sales with an average sold price of $165,301 spending an average of 125 days on the market
    • Highest closed – $520,000 – 510 days on the market
    • Lowest closed – $25,000 – zero days on the market

September 6, 2010

  • There is 91 active listings with an average list price of $220.779 ranging from $40,000 to $749,000
  • There are 35 pending/under contract sales and in the past 30 days there has been a total of 9 closed sales with an average sold price of $160,889 spending an average of 63 days on the market
  • YTD there has been 77 closed sales with an average sold price of $161,549 spending an average of 81 days on the market
    • Highest closed – $340,000 – 510 days on the market
    • Lowest closed – $25,000 – zero days on the market

August 2, 2010

  • There are 96 active listings with an average list price of $225,854 ranging from $40,000 to $749,000
  • Days on the Market for Active Listings
    • 0-30 Days on the Market 17.9%
    • 31-60 Days on the Market 15.8%
    • 61-90 Days on the market 26.3%
    • 91-120 Days on the Market 9.5%
    • 120+ Days on the Market 30.5%
  • Active Listings by price range
$40,000 – $49,999 1
$50,000 – $59,999 0
$60,000 – $69,999 0
$70,000 – $79,999 3
$80,000 – $89,999 0
$90,000 – $99,999 1
$100,000 – $119,999 7
$120,000 – $139,999 11
$140,000 – $159,999 16
$160,000 – $179,999 14
$180,000 – $199,999 5
$200,000 – $219,999 4
$220,000 – $239,999 4
$240,000 – $259,999 2
$260,000 – $279,999 7
$280,000 – $299,999 3
$300,000 – $349,999 5
$350,000 – $399,999 3
$400,000 – $449,999 3
$450,000 – $499,999 1
$500,000 – $749,999 5
  • There are 27 pending/under contract sales and there has been 5 closed sales in the past 30 days with an average sold price of $140,700 spending an average of 48 days on the market
  • YTD there has been 62 closed sales with an average sold price of $167,448 spending an average of 71 days on the market
    • Highest closed – $307,000 – 336 days on the market
    • Lowest closed – $87,980 – zero days on the market

June 19, 2010

  • There are 97 active listings in Lewiston with an average list price of $223,836 ranging from $52,500 to $749,000
  • There are 31 pending/under contract sales and in the past 30 days there has been 6 closed sales with an average closed price of $209,833 spending an average of 124 days on the market
  • YTD there has been 43 closed sales with an average closed price of $169,729 spending an average of 95 days on the market
    • Highest closed – $340,000 – 510 days on the market
    • Lowest closed – $25,000 – 3 days on the market

May 24, 2010

  • There are 98 active single family homes with an average list price of $230,754 ranging from $52,500 to $749,000
  • There are 31 pending/under contract sales and in the past 30 days there has been 5 closed sales with an average closed price of $172,300 spending an average of 53 days on the market
  • YTD there are 34 closed sales with an average closed price of $161,910 spending an average of 87 days on the market
    • Highest closed – $340,000 – 510 days on the market
    • Lowest closed – $25,000 – 4 days on the market

April 16, 2010

  • There are 90 active listings with an average list price of $239,870 ranging from $86,868 to $749,000
  • There are 25 pending/under contract sales and in the past 30 days there have been 10 closed sales with an average closed price of $135,417 spending an average of 71 days on the market
  • YTD there has been a total of 25 closed sales with an average closed price of $157,317 spending an average of 100 days on the market
    • Highest closed – $340,000 – 510 days on the market
    • Lowest closed – $25,000 – 4 days on the market

March 9, 2010

  • There are 89 active single family homes with an average list price of $222,236 ranging from $82,900 to $799,000
  • There are 3 pending/under contract sales and 3 closed sales in the past 30 days with an average closed sale of $219,666 spending an average of 202 days on the market
  • YTD there has been 12 closed sales with an average closed price of $167,814 spending an average of 115 days on the market
  • Highest closed – $297,000 – 510 days on the market
  • Lowest closed – $58,000 – 10 days on the market

February 8, 2010

  • There are 84 active listing with an average list price of $227,181 ranging from $82,900 to $799,000
  • There is one pending and in the past 30 days there has been 7 closed sales with an average closed price of $156,403 spending an average of 84 days on the market
  • Year to date there has been 8 closed sales in Lewiston with an average closed price of $147,478 spending an average of 82 days on the market
  • Highest closed – $297,000 – 184 days on the market
  • Lowest closed – $58,000 – 10 days on the market

November 14, 2009

  • There are 89 active listings with an average list price of $235,820 ranging between $57,000 to $799,000
  • There are 27 pending/under contract sales and in the past 30 days there were 5 closed sales with an average closed price of $225,760 spending an average of 31 days on the market
  • Year to date there has been 89 closed sales with an average closed sale with an average sold price of $149,263 spending an average of 60 days on the market
  • Highest sold – $459,900 – 370 days on the market
  • Lowest sold – $51,000 – zero days on the market

Location! Location! Location!

Popular with tourists primarily in the summertime, Lewiston has a lot to offer with its many festivals, fine restaurants, Artpark, and fascinating history. Lewiston is situated on the Niagara River, just across the river from Canada, and is half way between the world famous Niagara Falls and historic Fort Niagara in Youngstown, New York.

Some people say the Town of Lewiston is becoming a new frontier for suburbanite hopefuls – a place poised for the kind of residential interest shown in Clarence and Wheatfield in the last two decades. Whether or not that’s a good thing is up for debate. It is difficult to compare the interest in residential developments, but there is something about Lewiston that has people talking.

Historic Lewiston NY

  • Birthplace of Niagara Falls
  • Where escaping slaves made their last stop on the Underground Railroad
  • Where the cocktail was invented by the power brokers of the Frontier
  • Where early French Explorers traded with Local Indians
  • Where Commerce was pioneered on the Great Lakes

Historic Look at Lewiston Single Family Home Sales

Year # Closed Sales Average Closed Price Average Days
on the Market
2008 129 $167,881 62
2007 125 $167,098 77
2006 142 $153,264 73
2005 158 $156,278 66
2004 156 $153,844 77
2003 137 $132,012 67
2002 139 $140,044 91
2001 137 $140,190 88
2000 147 $130,375 103

Past Market Reports

Active/pending/prior 30 days

Date # of Active Average
List Price
Highest
List Price
Lowest
List Price
# Pending
Sale
# closed sales
past 30 days
Average Closed
Price
Average
DOM
10/17/2009 85 $238,185 $799,000 $65,900 23 7 $178,205 38
8/1/2009 70 $249,101 $799,000 $99,900 6 8 $123,112 51
7/1/2009 75 $245,866 $799,000 $94,500 6 7 $158,318 52
5/31/2009 89 $233,675 $799,000 $74,900 2 14 $128,088 99
4/25/2009 80 $228,025 $799,000 $79,900 2 11 $172,690 72
3/19/2009 79 $232,569 $849,900 $64,900 8 3 $132,700 43
2/9/2009 79 $225,975 $849,900 $89,000 0 4 $157,875 72
12/28/2008 81 $217,184 $849,900 $74,500 2 0 0 0
12/1/2008 86 $222,603 $849,900 $74,500 5 13 $159,023 81
9/24/2008 87 $210,919 $849,900 $74,500 6 9 $182,144 80
8/16/2008 87 $217,626 - - 0 15 $165,130 55
6/1/2008 84 $210,027 $849,900 $65,000 0 9 $238,711 65
5/03/2008 84 $211,164 $899,900 $70,000 4 13 $170,746 71
4/07/2008 83 $203,110 $1,195,000 $68,000 0 10 $192,400 50

Year to Date Closed Stats

Date # Closed
to date
Average Closed DOM Highest Closed DOM Lowest Closed DOM
10/17/2009 79 $147,863 63 $330,000 370 $59,890 0
8/1/2009 52 $144,124 52 $330,000 370 $59,890 0
7/1/2009 43 $147,199 76 $330,000 370 $59,890 0
5/31/2009 36 $145,037 81 $330,000 370 $59,890 0
4/29/2009 21 $156,052 69 $330,000 189 $75,000 0
3/19/2009 9 $139,788 57 $246,500 161 $85,000 19
2/9/2009 5 $148,000 70 $246,500 161 $85,000 19
12/28/2008 122 $170,147 63 $995,000 240 $37,000 0
12.1/2008 123 $170,195 61 $995,000 240 $37,000 0
9/24/2008 90 $177,169 60 $995,000 240 $37,000 1
8/16/2008 76 $180,535 60 $995,000 240 $37,000 1
6/1/2008 48 $185,494 64 $995,000 240 $37,000 2
5/03/2008 31 $172,374 60 $438,000 224 $37,000 2
4/07/2008 21 $176,448 50 $438,000 140 $37,000 2

Thinking of selling your Erie County 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.

What about one of these homes?

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. © 2014 Western New York Real Estate Information Services (WNYREIS), LLC. All rights reserved.
search-buffalo-homes


Blog Widget by LinkWithin

About Colleen Kulikowski, Associate Real Estate Broker (716) 650-0051

Colleen Kulikowski is an Associate Real Estate Broker with J. Philip Real Estate specializing in Western New York residential homes who doesn’t follow trends; she blazes new trails and is able to recognize industry trends and implement them to her client’s best interest. Colleen has created a unique following with one of the top local internet positions in the country generating thousands of leads for her team. Real Estate is a second career for Kulikowski who’s first career was in Information Technology and Data Warehousing working for such companies as Radio City Music Hall, Nabisco Foods and as a consultant in the Financial and Insurance industries. A strong background in technology and management provides her with keen analytical and sharp negotiating skills.

Comment

  • Noah Caleb

    November 14, 2009 at 6:11 am

    Due to current recession, sales rate has decreased for real estate marketers all over the world. But, on the other hand, foreclosure deals are increasing in Canada.

  • Gail

    June 3, 2010 at 2:05 pm

    Your blog is so informative … keep up the good work!!!!

  • Ellen Tauscher

    July 18, 2010 at 11:47 am

    I seriously doubt I could keep up with managing a website like it! Magnificent piece of work and I absolutely hope you keep up the pace for a long time. Love all the area market reports!

  • Lucy A.

    January 18, 2011 at 6:07 pm

    This blog was unbelievably helpful. Your market reports for Lewiston are very interesting and give me a better understanding of what is happening here.

Comments are now closed for this article.