Niagara Falls DeVeaux Homes for Sale Real Estate Market Report

Current Market Conditions

March 28, 2013

• There are 16 active homes for sale with an average list price of $93,869 ranging from $24,900 to $172,000
• There are 13 pending/under contract sales and year to date there has been 5 closed sales with an average sold price of $97,380 spending an average of 215 days on the market

 

Select Niagara Falls Homes for sale

Past Market Reports

March 16, 2012

• There are 22 active homes for sale with an average list price of $107,432 ranging from $13,000 to $250,000
• There are 11 pending/under contract sales and year to date there are no closed sales
   
  March 8, 2011
  • There are 25 active homes for sale with an average list price of $90,264 ranging from $15,900 to $239,000
  • There are 3 pending/under contract sales and in the past 30 days there are 4 closed sales with an average sold price of $64,500 spending an average of 86 days on the market
  • Year to date there has been 6 closed sales with an average sold price of $70,425 spending an average of 97 days on the market
    • Highest closed – $87,000 – 211 days on the market
    • Lowest closed – $51,000 – 19 days on the market

  October 20, 2010

  • There are 32 active listings with an average list price of $98,090 ranging from $15,900 to $240,000
  • There are 4 pending/under contract sales and in the past 30 days there has been 2 closed sales with an average sold price of $81,585 spending an average of  111 days on the market
  • YTD there has been 38 closed sales with an average sold price of $94,412 spending an average of 74 days on the market
    • Highest closed – $226,000 – 266 days on the market
    • Lowest closed – $16,000 – 1 day on the market

  September 6, 2010

  • There are 31 active listings with an average list price of $108,923 ranging from $17,900 to $299,000
  • There are 8 pending/under contract sales and in the past 30 days there has been 5 closed sales with an average sold price of $97,660 spending an averag eof 48 days on the market
  • YTD there has been 33 closed sales with an average sold price of $92,691 spending an average of 76 days on the market
    • Highest closed – $226,000 – 266 days on the market
    • Lowest closed – $16,000 – 1 day on the market

  May 17, 2010

  • There are 35 active single family homes for sale in DeVeaux with an average list price of $90,485 ranging from $13,900 to $299,000
  • There are 12 pending/under contract sales and in the past 30 days there has been 6 closed sales in DeVeaux with an average closed price of $77,483 spending an average of 86 days on the market
  • Year to date there has been 14 closed sales with an average closed price of $91,278 spending an average of 84 days on the market
  • Highest closed sale – $165,000 – 224 days on the market
  • Lowest closed sale – $34,000 – 3 days on the market

  April 15, 2010

  • There are 27 active listings with an average list price of $92,877 ranging from $23,900 to $299,000
  • There are 17 pending/under contract sales and in the past 30 days there has been 2 closed sales with an average closed price of $91,500 spending an average of 55 days on the market
  • YTD there has been 7 closed sales with an average closed price of $104,285 spending an average of 74 days on the market
    • Highest closed – $155,000 – 159 days on the market
    • Lowest closed – $52,000 – 19 days on the market

  March 1, 2010

  • There are 23 active listings in DeVeaux today with an average list price of $92,091 ranging from $24,900 to $239,000
  • There are 3 pending sales (including my listing at 1125 James Avenue) and no closed sales in the past 30 days
  • Year to date there has been 3 closed sales with an average closed price of $123,000 spending an average of 91 days on the market
    • Highest closed – $155,000 – 159 days on the market
    • Lowest closed – $89,000 – 19 days on the market

  February 6, 2010

  • There are 20 active listings with an average list price of $104,195 ranging from $29,900 to #239,900
  • There are 5 under contract/pending sales and in the past 30 days there have been a total of 2 closed sales with an average closed price of $122,000 spending an average of 128 days on the market
  • Year to date there has been 3 closed sales with an average closed price of $123,000 spending an average of 91 days on the market
    • Highest closed – $155,000 – 159 days on the market
    • Lowest closed – $89,000 – 19 days on the market

  January 18, 2010

  • There are 22 active listings with an average list price of $113,715 ranging from $39,900 to $239,900
  • There are 2 pending/under contract sales and in the past 30 days there has been one closed sale for $125,000 after spending 11 days on the market
  • In 2009 there were a total of 39 closed sales with an average closed price of $80,303 spending an average of 74 days on the market
    • Highest closed – $220,000 – 438 days on the market
    • Lowest closed – $15,000 – 2 days on the market

  In all of 2008 there were 25 closed sales in the DeVeaux section of Niagara Falls with an average closed price of $88,947 and spending an average of 81 days on the market.   In 2009 there were a total of 39 closed sales with an average closed price of $80,303 spending an average of 74 days on the market

  Sellers have gotten realistic in their asking price and buyers are snapping up the homes quickly when they come on the market priced correctly.   There are many examples of over-priced homes on the market in DeVeaux, some have made significant price reductions recently (and in some cases not enough of a decrease) and others have taken their homes off the market.

  Read Also: Niagara Falls Real Estate Market Report and Homes for Sale

  Over time it is interesting to see what is happening in the Real Estate Market.   I sent out in the Spring of 2008 a Market Report to the area.   I delivered it door to door.   I got an very angry email at the time that said I was horrible to suggest that home owners considering selling their homes at the time be aggressive in their pricing and that I predicted that prices may continue to drop.  In 2007 the average sold price was $80,909 and spent an average of 83 days on the market.  The first half of 2007 saw 30 of the 49 sales for the year in the DeVeaux Section of Niagara Falls, while the third quarter saw fewer sales, but the homes that sold went an average of 38 days on the market, while the previous quarter saw an average of 107 days on the market.

  December 7, 2009

  • There are 22 active single family homes for sale in DeVeaux with an average list price $99,111 ranging from $39,900 to $178,000
  • There are 7 pending/under contract sales and in the past 30 days there has been 5 closed sales with an average closed price of $110,240 spending an average of 148 days on the market
  • Year to date there has been a total of 37 closed sales in DeVeaux with an average closed price of $76,201 spending an average of 77 days on the market
  • Highest closed – $190,000 – 438 days on the market
  • Lowest closed – $15,000 – 2 days on the market

  November 5, 2009

  • There are 23 active single family listings in DeVeaux with an average list price of $101,313 ranging from $28,000 to $184,900
  • There are 13 pending sales and 1 closed in the past 30 days with a closed price of $25,587 spending 17 days  on the market
  • Year to date there has been a total of 28 closed sales with an average closed price of $69,631 spending an average of 66 days on the market
    • Highest sold $190,000 – 329 days on the market
    • Lowest sold – $15,000 – 2 days on the market

  October 21, 2009

  • There are 25 active single family homes for sale in DeVeaux and the average listing price is $99,918 ranging from $28,000 to $184,900
  • There are 14 pending and 1 closed sale in the past 30 days with an average closed price of $70,000 SPENDING 105 days on the market
  • Year to date there has been a total of 26 closed sales with an average closed price of $70,484 spending an average of 69 days on the market
    • Highest sold – $190,000 – 329 days on the market
    • Lowest sold – $15,000 – 2 days on the market

  September 6, 2009

  • There are 21 active single-family homes for sale with an average list price of $121,495 ranging from $69,900 to $194,900
  • There are 10 pending/under contract homes and 2 closed sales in the prior 30 days with an average closed price of $105,000 spending an average of 54 days on the market
  • Year to date there has been a total of 24 closed sales in DeVeauxwith an average closed price of $72,816 spending an average of  70 days on the market.
    • Highest sold – $190,000 – 329 days on the market
    • Lowest sold – $15,750 – 70 days on the market

  August 21, 2009

  • There are currently 23 active single family homes for sale in DeVeaux with an average list price of $119,839 ranging in price from $49,900 to $194,900
  • There are currently 2 pending/under contract homes and 4 closed sales in the prior 30 days with an average sales price of $84,698 spending an average of 116 days on the market
  • Year to date there has been 24 closed sales with an average closed price of $73,964 spending an average of 68 days on the market
    • Highest sold – $190,000 – 329 days on the market
    • Lowest sold – $19,000 – 2 days on the market

  July 20, 2009

  • The Absorption rate for DeVeaux homes is 19.5 weeks
  • There are 24 active single family homes with an average list price of $113,812 ranging from $42,900 to $178,000
  • There are 3 pending/under contract sales and 6 closed sales in the past 30 days with an average closed price of $65,250 spending an average of 17 days on the market.
  • Year to date there are 21 closed sales with an average closed price of $73,319 spending an average of 57 days on the market
    • Highest sold – $128,000 – 195 days on the market
    • Lowest sold – $19,000 – 2 days on the market

  June 22, 2009

  • There are currently 22 active single family homes in DeVeaux with an average list price of $113,290 ranging from $28,900 to $198,000
  • There are three pending/under contract and in the past thirty days there has been three closed sales with an average closed price of $89,116 spending 62 days on the market
  • Year to date there has been 16 closed sales with an average closed price $74,575 spending an average of 71 days on the market
    • Highest sold – $128,000 – 195 days on the market
    • Lowest sold – $19,000 – 7 days on the market

  May 10, 2009

  • There are currently 20 active single family homes for sale with an average list price of $125,768 ranging from $25,000 to $229,000
  • There are two pending/under contract sales
  • In the past 30 days there were two closed sales with an average closed price of $42,975 spending an average of 47 days on the market
  • Year to date there has been 9 closed sales with an average closed price of $63,872 spending an average of 95 days on the market
  • Highest sold – $114,000 – 195 days on the market
  • Lowest sold – $19,000 – 11 days on the market

  DeVeaux Homes for Sale

  March 31, 2009

  • There are currently 21 active single-family homes for sale in the DeVeaux Section of Niagara Falls with an average list price of $128,319 ranging from $45,900 to $225,000
  • There is one pending and one sold in the past 30 days that sold for $78,000 after 162 days on the market
  • Year to date there has been 6 closed sales with an average closed price of $72,316 and spending an average of 125 days on the market
    • Highest sold – $114,000 – 195 days on the market
    • Lowest sold – $21,500 – 78 days on the market

  Past Market Reports

  June 15, 2010

  • There are 27 active listings with an average list price of $100,833 ranging from $20,900 to $299,000
  • There are 17 pending/under contract sales and in the past 30 days there has been 2 closed sales with an average closed price of $102,500 spending an average of 85 days on the market
  • YTD there has been 19 closed sales with an average closed price of $90,284 spending an average of 77 days on the market
    • Highest closed – $165,000 – 273 days on the market
    • Lowest closed – $34,000 – zero days on the market

  April 25, 2008

  • 23 Active listings with an average list price of $90,539 with the highest list home is listed for $249,900 and lowest list priced home in DeVeaux is listed at $49,900.
  • There has been no sales in the past 30 days and there has been one closed sale since January 1, 2008 which was listed for $89,900 and sold for $86,417 and spent 9 days on the market.
  • Currently there are 4 homes that are pending or under contract in the DeVeaux section of Niagara Falls.

  DeVeaux Homes Market Report for 2007

  The first half of 2007 saw 30 of the 49 sales in the DeVeaux Section of Niagara Falls, while the third quarter saw fewer sales, but the homes that sold went an average of 38 days on the market, while the previous quarter saw an average of 107 days on the market.

  Here is a brief recap of the 2007 Sales in DeVeaux Section of Niagara Falls:

  Time Period: January 1 – December 31, 2007

  • # Closed Sales: 49
  • Average Days on Market: 83
  • Average Sold Price $ 80,909.00
  • Highest Sold Price: $ 190,000.00
  • Lowest Sold Price: $ 20,000.00

  Thinking of selling your  DeVeaux home in Niagara Falls? Interested in finding out the current market value of your single family home, condo or investment property? Then call Colleen Kulikowski 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, just fill out the form below.   View additional WNY Market Area Statistics here.

  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. © 2010 Western New York Real Estate Information Services (WNYREIS), LLC. All rights reserved.