Newfane Real Estate Market Report

Newfane Real Estate Market Conditions

August 10, 2014

  • There are 42 active homes for sale with an average list price of $134,707 ranging from $16,900 to $449,900
  • There are currently 24 pending/under contract sales and in the past 30 days there has been 10 closed sales with an average sold price of $117,395 spending an average of 80 days on the market
  • YTD there has been 45 closed sales with an average sold price of $97,259 spending an average of 92 days on the market

Selection of Newfane Homes for Sale

Past Market Reports

April 7, 2014

  • There are 42 active homes for sale with an average list price of $117,152 ranging from $16,900 to $449,900
  • There are currently 22 pending/under contract sales and in the past 30 days there has been 3 closed sales with an average sold price of $83,840 spending 180 days on the market
  • YTD there has been 12 closed sales with an average sold price of $85,639 spending an average of 96 days on the market

January 24, 2014

  • There are 50 active homes for sale with an average list price of $136,790 ranging from $26,500 to $449,900
  • There are currently 13 pending/under contract sales and in the past 30 days there has been 4 closed sales with an average sold price of $82,823 spending 59 days on the market
  • In 2013 there were 68 closed sales with an average sold price of $115,106 spending an average of 58 days on the market

December 4, 2013

  • There are 51 active homes for sale with an average list price of $123,998 ranging from $27,500 to $299,900
  • There are currently 14 pending/under contract sales and in the past 30 days there has been 1 closed sales with sold price of $325,000 spending 71 days on the market
  • YTD there has been 61 closed sales with an average sold price of $114,904 spending an average of 54 days on the market

October 20, 2013

  • There are 49 active homes for sale with an average list price of $138,286 ranging from $28,000 to $499,900
  • There are currently 16 pending/under contract sales and in the past 30 days there has been 5 closed sales with an average sold price of $133,020 spending an average of 42 days on the market
  • YTD there has been 55 closed sales with an average sold price of $110,296 spending an average of 56 days on the market

September 1, 2013

  • There are 42 active homes for sale with an average list price of $147,962 ranging from $28,000 to $550,000
  • There are currently 24 pending/under contract sales and in the past 30 days there has been 6 closed sales with an average sold price of $120,250 spending an average of 45 days on the market
  • YTD there has been 43 closed sales with an average sold price of $110,285 spending an average of 53 days on the market

August 4, 2013

  • There are 42 active homes for sale with an average list price of $174,571 ranging from $29,900 to $550,000
  • There are currently 20 pending/under contract sales and in the past 30 days there has been 4 closed sales with an average sold price of $158,750 spending an average of 29 days on the market
  • YTD there has been 37 closed sales with an average sold price of $108,669 spending an average of 54 days on the market

March 23, 2013

  • There are 38 active homes for sale with an average list price of $148,076 ranging from $24,999 to $399,000
  • There are currently 16 pending/under contract sales and in the past 30 days there has been 3 closed sales with an average sold price of $67,287 spending an average of 43 days on the market
  • YTD there has been 14 closed sales with an average sold price of $76,519 spending an average of 43 days on the market

January 15, 2013

  • There are 35 active homes for sale with an average list price of $113,654 ranging from $24,999 to $369,900
  • There are currently 16 pending/under contract sales and in the past 30 days there has been 3 closed sales with an average sold price of $45,800 spending an average of 26 days on the market
  • In 2012 there were 56 closed sales with an average sold price of $113,186 spending an average of 65 days on the market

November 29, 2012

  • There are 38 active homes for sale with an average list price of $126,960 ranging from $29,900 to $369,000
  • There are currently 19 pending/under contract sales and in the past 30 days there has been 5 closed sales with an average sold price of $125,080 spending an average of 42 days on the market
  • YTD there are 51 closed sales with an average sold price of $110,078 spending an average of 69 days on the market
    • Highest – $320,000
    • Lowest – $14,900

    September 30, 2012

    • There are 44 active homes for sale with an average list price of $147,282 ranging from $29,900 to $389,000
    • There are currently 24 pending/under contract sales and in the past 30 days there has been 2 closed sales with an average sold price of $81,800 spending an average of 54 days on the market
    • YTD there are 36 closed sales with an average sold price of $104,097 spending an average of 79 days on the market
      • Highest – $320,000 – 343 days on the market
      • Lowest – $14,900 – 5 days on the market

      July 22, 2012

      • There are 36 active homes for sale with an average list price of $147,453 ranging from $29,900 to $394,900
      • There are currently 17 pending/under contract sales and in the past 30 days there has been 3 closed sales with an average sold price of $98,611 spending an average of 51 days on the market
      • YTD there are 27 closed sales with an average sold price of $103,204 spending an average of 73 days on the market
        • Highest – $320,000 – 261 days on the market
        • Lowest – $14,900 – 7 days on the market

        May 9, 2012

        • There are 33 active homes for sale with an average list price of $134,506 ranging from $29,900 to $324,900
        • There are currently 10 pending/under contract sales and in the past 30 days there has been 5 closed sales with an average sold price of $109,500 spending an average of 52 days on the market
        • YTD there are 18 closed sales with an average sold price of $107,467 spending an average of 88 days on the market
          • Highest – $320,000 – 261 days on the market
          • Lowest – $14,900 – 8 days on the market

          April 7, 2012

          • There are 33 active homes for sale with an average list price of $132,476 ranging from $52,900 to $329,000
          • There are currently 12 pending/under contract sales and in the past 30 days there has been 3 closed sales with an average sold price of $137,167 spending an average of 51 days on the market
          • YTD there are 11 closed sales with an average sold price of $103,900 spending an average of 113 days on the market
            • Highest – $320,000 – 324 days on the market
            • Lowest – $14,900 – 15 days on the market

            March 19, 2012

            • There are 31 active homes for sale with an average list price of $128,048 ranging from $28,000 to $329,000
            • There are currently 12 pending/under contract sales and in the past 30 days there has been 4 closed sales with an average sold price of $128,750 spending an average of 111 days on the market
            • YTD there are 8 closed sales with an average sold price of $91,425 spending an average of 117 days on the market
              • Highest – $320,000 – 194 days on the market
              • Lowest – $14,900 – 36 days on the market

              February 28, 2012

              • There are 34 active homes for sale with an average list price of $118,441 ranging from $28,000 to $334,000
              • There are currently 13 pending/under contract sales and in the past 30 days there has been 3 closed sales with an average sold price of $125,889 spending an average of 101 days on the market
              • In 2011 there were 73 closed sales with an average sold price of $107,899 spending an average of 80 days on the market
                • Highest – $405,000 – 668 days on the market
                • Lowest – $15,000 – 2 days on the market

                October 12, 2011

                • There are 52 active homes for sale with an average list price of $122,371 ranging from $28,000 to $359,900
                • There are currently 16 pending/under contract sales and in the past 30 days there has been 11 closed sales with an average sold price of $99,386 spending an average of 108 days on the market
                • YTD there has been 56 closed sales with an average sold price of $112,855 spending an average of 74 days on the market
                  • Highest – $405,000 – 330 days on the market
                  • Lowest – $40,000 – 2 days on the market

                  July 9, 2011

                  • There are 61 active homes for sale with an average list price of $127,845 spending an average of 61 days on the market
                  • There are currently 24 pending/under contract sales and in the past 30 days there has been 5 closed sales with an average sold price of $76,800 spending an average of 108 days on the market
                  • YTD there has been 24 closed sales with an average sold price of $95,260 spending an average of 85 days on the market
                    • Highest – $212,000 – 330 days on the market
                    • Lowest – $45,000 – 6 days on the market


                  April 25, 2011

                  • There are 49 active listings with an average list price of $135,267 ranging from $29,900 to $350,000 with days on market:
                    • 0-30 days- 14.29%
                    • 31-60 days – 14.29%
                    • 61-90 days – 12.24%
                    • 91-120 days – 14.29%
                    • 120+ days – 42.86%
                  • There are 21 pending/under contract sales and in the past 30 days there has been 0 closed sales.
                  • YTD there has been 12 closed sales with an average sold price of $113,417 spending an average of 89 days on the market
                    • Highest closed – $212,000 – 330 days on the market
                    • Lowest closed – $59,900– 6 days on the market
                    • Of the closed sales 25% of the sales closed under 30 days

                  March 11, 2011

                  Newfane

                  • There are 51 active listings with an average list price of $128,037 ranging from $29,900 to $350,000 with days on market:
                    • 0-30 days- 13.73%
                    • 31-60 days – 25.49%
                    • 61-90 days – 5.88%
                    • 91-120 days – 9.8%
                    • 120+ days – 45.1%
                  • There are 18 pending/under contract sales and in the past 30 days there has been 2 closed sales with an average sale price of $88,157 with an average of 125 days on the market.
                  • YTD there has been 7 closed sales with an average sold price of $127,064 spending an average of 56 days on the market
                    • Highest closed – $212,000 – 569 days on the market
                    • Lowest closed – $63,400– 6 days on the market
                    • Of the closed sales 42.86% of the sales closed under 30 days

                  January 3, 2011

                  • There are 50 active listings with an average list price of $117,338 ranging between $29,900 to $350,000
                  • There are 12 pending/under contract sales and in the past 30 days there has been 6 closed saleswith an average sold price of $50,688 spending an average of 94 days on the market
                  • YTD there has been no closed sales

                  November 30, 2010

                  Newfane

                  • There are 62 active listings with an average list price of $122,198 ranging from $24,900 to $396,000 with days on market:
                    • 0-30 days- 11.29%
                    • 31-60 days – 12.9%
                    • 61-90 days – 17.74%
                    • 91-120 days – 6.45%
                    • 120+ days – 51.61%
                  • There are 15 pending/under contract sales and in the past 30 days there has been 3 closed sales with an average sale price of $83,167 with an average of 83 days on the market.
                  • YTD there has been 60 closed sales with an average sold price of $96,130 spending an average of 68 days on the market
                    • Highest closed – $400,000 – 569 days on the market
                    • Lowest closed – $16,900– 0 days on the market
                    • Of the closed sales 46.67% of the sales closed under 30 days

                  October 31, 2010

                  • There are 67 active listings with an average list price of $122,164 ranging from $24,900 to $399,500
                  • There are 15 pending/under contract sales and in the past 30 days there has been no closed sales
                  • YTD there has been 55 closed sales with an average sold price of $95,501 spending an average of 68 days on the market
                    • Highest closed sale – $400,000 – 569 days on the market
                    • Lowest closed sale – $16,900 – zero days on the market

                  September 29, 2010

                  • There are 69 active listings with an average list price of $125,494 ranging from $24,900 to $419,900
                  • There are 9 pending/under contract sales and in the pat 30 days there has been 2 closed sales with an average sold price of $71,050 spending an average of 53 days on the market
                  • YTD there has been 54 active listings with an average list price of $94,214 spending an average of 68 days on the market
                    • Highest closed – $400,000 – 569 days on the market
                    • Lowest closed – $16,900 – zero days on the market

                  August 15, 2010

                  • There are 63 active listings with an average list price of $130,255 ranging from $24,900 to $419,900
                  • There are 13 pending/under contract sales and in the past 30 days there has been one closed sale for $82,000 after spending 299 days on the market
                  • YTD there has been 45 closed sales with an average sold price of $91,178 spending an average of 75 days on the market
                    • Highest closed – $400,000 – 569 days on the market
                    • Lowest closed – $16,900 – zero days on the market

                  May 31, 2010

                  • There are 55 active single family homes for sale in Newfane with an average list price of $127,581 ranging from $19,900 to $419,900
                  • There are 19 pending/under contract sales and the past 30 days there has been 7 closed sales with an average sold price of $111,417 spending an average of 9 days on the market
                  • YTD there has been a total of 23 closed sales with an average sold price of $100,926 spending an average of 50 days on the market
                    • Highest closed – $400,000 – 188 days on the market
                    • Lowest closed – $16,900 – zero days on the market

                  March 30, 2010

                  • There are 38 active listings with an average list price of $144,934 ranging from $37,900 to $419,900
                  • There are 4 pending/under contract sales and in the past 30 days there has been one closed sale for $400,000 after spending 108 days on the market
                  • YTD there has been a total of 9 closed sales with an average closed price of $114,711 and spending an average of 73 days on the market
                    • Highest closed – $400,000 – 108 days on the market
                    • Lowest closed – $16,900 – zero days on the market

                  February 10, 2010

                  • There are 46 active listings with an average list price of $139,373 ranging from $13,800 to $435,000
                  • There are 2 pending/under contract and 1 closed in the past 30 days which sold for $85,000 after 55 days on the market
                  • Year to date there has been two closed sales with an average closed price of $84,90 spending an average of 98 days on the market
                    • Highest closed – $85,000 – 141 days on the market
                    • Lowest closed – $84,800 – 55 days on the market

                  January 3, 2010

                  • There are currently 45 active listings with an average list price of $135,826 ranging from $18,900 to $435,000
                  • In 2009 there were 63 closed sales with an average closed price of $96,356 spending an average of 73 days on the market
                  • Highest closed – $350,000 – 217 days on the market
                  • Lowest closed – $21,000 – 4 days on the market

                  November 29, 2009

                  • There are 50 active listings in Newfane with an average list price of %150,523 ranging from $18,900 to $435,000
                  • There are 17 pending/under contract sales and inthe past 30 days there has been a total of 3 closed sales with an average closed price of $110,600 spending an average of 63 days on the market
                  • Year to date there has been a total of 56 closed sales with an average closed price of $96,057 spending an average of 75 days on the market
                  • Highest sold – $350,000 – 217 days on the market
                  • Lowest sold – $21,000 – 4 days on the market

                  October 19, 2009

                  • 58 active listings with an average list price of $152,108 ranging from $18,900 to $410,000
                  • There are 20 pending/under contract sales and 6 closed sales in the past 30 days with an average closed price of $99,250 spending an average of 67 days on the market
                  • Year to date there has been 48 closed sales with an average closed price of $94,222 spending an average of 73 days on the market
                    • Highest closed – $350,000 – 217 days on the market
                    • Lowest closed – $21,000 – 4 days on the market

                  September 9, 2009

                  • There are 61 active listings with an average list price of $141,865 ranging from $18,900 to $410,000.
                  • There are currently 14 pending/under contract sales and in the past 30 days there has been 7 closed sales with an average closed price of $85,071 spending an average of 64 days on the market
                  • Year to date there has been 42 closed sales with an average closed price of $93,338 spending an average of 75 days on the market
                    • Highest sold – $350,000 – 217 days on the market
                    • Lowest sold – $21,000 – 4 days on the market

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

Colleen Kulikowski is an Associate Real Estate Broker with the Griffin Team @ Keller Williams Realty Buffalo Northtowns 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.

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