Lockport NY Market Report | December 2011 Update

Attention Lockport Home Sellers!

Now that I have your attention, you may want to read the many articles I have written about the importance of pricing your Lockport home for sale correctly.   Otherwise you may find yourself on the Real Estate market for a lot longer than you want to be!

Read Also:   2009 Closed Single Family Homes in Lockport NY

That means you must be the best priced home, in the best condition to ensure a quick sale.

Current Market Conditions for Lockport NY

December 31, 2011

• There are 191 active listings with an average list price of $117,619 ranging from $6,900 to $550,000
• There are62 pending/under contract sales and in the past 30 days there has been 17 closed with an average sold price of $92,329 spending an average of 56 days on the market
• YTD there has been 292 closed sales with an average sold price of $106,233 spending an average of 75 days on the market
  • Highest  – $325,000 – 369 days on the market
  • Lowest sold price – $6,000 – 0 day on the market

Select Lockport Homes For Sale

Single Family Homes

Prior Market Reports

May 16, 2011

• There are 196 active listings with an average list price of $128,032 ranging from $16,500 to $1,300,000
• There are 80 pending/under contract sales and in the past 30 days with an average sold price of $95,364 spending an average of 95 days on the market
• YTD there has been 82 closed sales with an average sold price of $104,584 spending an average of 85 days on the market
  • Highest sold price – $235,990 – 662 days on the market
  • Lowest sold price – $10,000 – 1 day on the market

May 7, 2011

• There are 194 active listings with an average list price of $127,219 ranging from $15,900 to $1,300,000
• There are 77 pending/under contract sales and in the past 30 days there has been 17 closed sales with an average sold price of $87,570 spending an average of 95 days on the market
• YTD there has been 76 closed sales with an average sold price of $99,266 spending an average of 85 days on the market
  • Highest sold – $235,990 – 662 days on the market
  • Lowest sold – $10,000 – 1 day on the market

March 1,2011

• There are 178 active listings with an average list price of $118,977 ranging from $16,000 to $1,100,000 with days on market:

• 0-30 days- 24.16%
• 31-60 days – 14.61%
• 61-90 days – 7.87%
• 91-120 days – 16.85%
• 120+ days – 36.52%

• There are 64 pending/under contract sales and in the past 30 days there has been 9 closed sales with an average sold price of $71,978 spending an average of 155 days on the market
• YTD there has been 27 closed sales with an average sold price of $105,692 spending an average of 97 days on the market

• Highest closed – $234,900– 357 days on the market
• Lowest closed – $10,000 – 1 days on the market
• Of the closed sales 29.63% of the sales closed under 30 days

October 22, 2010

• There are 217 active listings with an average list price of $125,850 ranging from $18,000 to $1,100,000
• There are 67 pending/under contract sales and in the past 30 days there has been 16 closed sales with an average sold price of $97,305 spending an average of 97 days on the market
• YTD there has been 266 closed sales with an average sold price of $100,024 spending an average of 66 days on the market
  • Highest closed – $260,000 – 454 days on the market
  • Lowest closed – $3,500 – zero days on the market

August 15, 2010

• There are 233 active listings with an average list price of $123,927 ranging from $10,000 to $599,900
• There are 58 pending/under contract sales and in the past thirty days there has been a total of 20 closed sales with an average sold price of $121,365 spending an average of 69 days on the market
• Highest closed – $218,000 – 221 days on the market
• Lowest closed – $18,200 – 7 days on the market

July 8, 2010

• There are 205 active lisitngs with an average list price of $122,507 ranging from $10,000 to $599,900
• There are 78 pending sales and in the past 30 days there has been 45 closed sales with an average sold price of $110,201 spending an average of 64 days on the market
• YTD there has been 173 closed sales with an average sold price of $98,687 spending an average of 64 days on the market
  • Highest sold – $260,000 – 358 days on the market
  • Lowest sold – $3,000 – zero days on the market

Historically YTD the numbers look like this:

• 2009 – 140 sold – average sold price $91,183 – average days on the market 86
• 2008 – 167 sold – average sold price $97,644 – average days on the market 77
• 2009 – 215 sold – average sold price $96,794 – average days on the market 72
• 2009 – 198 sold – average sold price $98,058 – average days on the market 65

May 31, 2010

• There are 194 active listings with an average list price of $119,823 ranging from $10,000 to $1,100,000
• There are 113 pending/under contract sales and in the past 30 days there has been 23 closed sales with an average closed price of $113,471 spending an average of 67 days on the market
• YTD there has been 111 closed sales with an average closed price of $91,989 spending an average of 65 days on the market
  • Highest closed – $243,500 – 322 days on the market
  • Lowest closed – $3,500 – zero days on the market

April 18, 2010

• There are 206 active single family homes in Lockport with an average list price of 120,000 ranging from $6,900 to $1,100,000
• There are 96 pending/under contract sales and in the past 30 days there has been 7 closed sales with an average closed price of $87,513 spending an average of  93 days on the market
• Year to date there has been 59 closed sales with an average closed price of $87,383 spending an average of 69 days on the market
  • Highest closed – $232,500 – 298 days on the market
  • Lowest closed – $$3,500 – zero days on the market

March 10, 2010

• There are 181 active single family homes for sale in Lockport with an average list price of $129,320 ranging from $4,000 to $1,100,000
• There are 22 pending/under contract sales and in the past 30 days that there were 7 closed sales with an average closed price of $64,171 spending an average of 52 days on the market
• Year to date there has been 28 closed sales with an average closed price of $90,520 spending an average of 58 days on the market
  • Highest closed – $178,000 – 179 days on the market
  • Lowest closed – $3,500 – zero days on the market

February 9, 2010

• There are 164 active single-family homes for sale with an average list price of $120,699 ranging from $5,100 to $1,100,000
• There are 15 pending/under contract sales and in the past 30 days there has been 8 closed sales with an average closed price of $79,737 spending an average of 57 days on the market
• Year to date there has been 10 closed sales with an average closed price of $85,290 spending an average of 52 days on the market
  • Highest closed $161,000 – 179 days on the market
  • Lowest closed $40,000 – 14 days on the market

January 5, 2010

• There are 156 active single family homes for sale with an average list price of $110,518 ranging from $8,999 to $349,900
• There are 12 pending/under contract sales at this time and in the past 30 days there has been 21 closed sales with an average closed price $83,975 spending an average of 58 days on the market
• In 2009 there were a total of 331 closed sales with an average closed price of $98,808 spending an average of 78 days on the market
• Highest closed — $375,000 – 483 days on the market
• Lowest closed – $5,000 – zero days on the market

November 29, 2009

• There are 188 single family homes for sale with an average list price of $114,916 ranging from $8,999 to $349,900
• There are 65 pending/under contract sales and in the past 30 days there has been a total of 23 closed sales with an average closed price of $100,306 spending an average of 54 days on the market
• Year to date there has been 287 closed sales with an average closed price of $99,738 spending an average of 80 days on the market
  • Highest closed – $375,000 – 483 days on the market
  • Lowest closed – $5,100 – zero days on the market

October 21, 2009

• There are 176 active single family homes for sale with an average list price of $113,107 ranging from $9,800 to $349,900
• There are 92 pending/under contract sales with 11 closed sales in the past 30 days with an average closed price of $126,259 spending 64 days on the market
• Year to date there are 244 closed sales with an average closed price of $100,066 spending an average of 88 days on the market
  • • Highest sold – $375,000 – 483 days on the market
    • Lowest sold – $5,100 – zero days on the market

September 12, 2009

Single-family homes

• There are 197 active single family homes for sale with an average list price of $117,896 ranging from $11,900 to $394,900
• There are 66 under contract/pending sales and in the past 30 days there has been 36 closed sales with an average closed price of $125,530 spending an average of 99 days on the market
• Year to date there has been a total of 228 closed sales with an average closed price of $100,513 spending an average of 83 days on the market
  • Highest sold – $315,000 – 483 days on the market
  • Lowest sold – $5,100 – zero days on the market

July 8, 2009

Single Family Homes

• There are currently 201 active single family  homes for sale in Lockport with an average list price of $128,479 ranging from $14,500 to $549,900
• There are 12 pending sales and in the past 30 days there are 25 closed sales with an average closed price of $95,279 spending an average of 59 days on the market
• Year to date there has been 144 closed sales with an average sold price of $91,889 spending an average of 86 days on the market
• Highest sold – $315,000 – 427 days on the market
• Lowest sold – $5,100 – zero days on the market

May 7, 2009

• There are currently 200 active single family homes for sale in Lockport with an average list price of $123,086 ranging from $7,000 to $549,000
• There are 11 under contract/pending sales at this time
• In the past 30 days there has been 35 closed sales with an average closed price of $79,267 spending an average of 88 days on the market
• Year to date there has been 187 closed sales with an average closed price of $88,987 and spending an average of 89 days on the market
• Highest sold – $222,000 – 427 days on the market
• Lowest sold – $5,100 – zero days on the market

March 31, 2009

• There are 218 active single family homes for sale in Lockport NY with an average list price of $119,576 ranging from $5,900 to $549,900
• There are currently 10 pending and 19 closed sales in the last 30 days with an average sold price $101,319 and spending an average of 76 days on the market
• Year to date there has been a total of 47 closed homes with an average closed price of $93,016 and spending an average of 92 days on the market
  • Highest sold – $222,000 – 427 days on the market
  • Lowest sold – $9,500 – zero days on the market

February 10, 2009

As of February 10, 2009 here are the market conditions for single-family homes for sale in Lockport:

• There are currently 229 active single family homes and 8 pending/under contract single family homes for sale in Lockport with an average list price of $115,640 ranging from $12,900 to $459,000
• There were 12 closed sales in the prior 30 days with an average closed price of $74,476 and averaging 70 days on the market
• Year to date there has been a total of 18 closed sales with an average closed price of $89,595 spending an average of 82 days on the market
  • Highest Sold – $196,000 – 205 days on the market
  • Lowest Sold – $9,923 – 22 days on the market

January 16, 2009

Single Family Homes for Sale Update:

• 235 Active Listings with an average list price of $114,196 ranging from $9,900 to $459,000
• 7 pending sales in Lockport
• In the past 30 days there has been a total of 19 closed sales with an average closed price of $91,658 and spending an average of 80 days on the market

July 27, 2008

Market Report for Single-family homes in Lockport NY:

• In Lockport there are 232 active single-family homes for sale and 9 pending/under contract with an average list price of $115,204.  Highest listed  home for sale in Lockport is listed for $529,000 and the lowest is listed for $9,900.
• In the past thirty days the average sold price of a home in Lockport is $110,218 and spent an average of 55 days on the Market.  Highest sold in the past 30 days sold for $400,000 (176 DOM) and the lowest sold for $12,000 (1 DOM)
• Year to date there has been a total of 190 single-family homes sold in Lockport ranging in price from $5,000 (0 DOM) to $400,000 (455 DOM) and average sold price is $97,848 after spending an average of 75 days on the market.

Thinking of selling your Lockport 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 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.

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