Tonawanda New York Real Estate Market Report

Current Market Conditions

April 7, 2014

  • There are 202 active listings with an average list price of $122,529 ranging in price from $44,900 to $299,000
  • There are 171 pending/under contract sales and in the past 30 days there has been 39 sold homes with an average sold price of $142,589 spending an average of 54 days on the market
  • YTD there has been 134 closed sales with an average sold price of $119,671 spending an average of 59 days on the market

Selection of Tonawanda Homes For Sale

Past Market Reports

March 2, 2014

  • There are 175 active listings with an average list price of $118,579 ranging in price from $19,900 to $299,000
  • There are 149 pending/under contract sales and in the past 30 days there has been 26 sold homes with an average sold price of $96,340 spending an average of 78 days on the market
  • YTD there has been 72 closed sales with an average sold price of $107,961 spending an average of 56 days on the market

January 24, 2014

  • There are 216 active listings with an average list price of $118,678 ranging in price from $40,000 to $299,000
  • There are 122 pending/under contract sales and in the past 30 days there has been 38 sold homes with an average sold price of $104,778 spending an average of 60 days on the market
  • IN 2013 there were 947 closed sales with an average sold price of $113,787 spending an average of 44 days on the market

November 17, 2013

  • There are 260 active listings with an average list price of $116,417 ranging in price from $49,000 to $349,900
  • There are 178 pending/under contract sales and in the past 30 days there has been 65 sold homes with an average sold price of $110,144 spending an average of 42 days on the market
  • YTD there has been 815 closed sales with an average sold price of $114,083 spending an average of 43 days on the market.

September 1, 2013

  • There are 276 active listings with an average list price of $117,858 ranging in price from $20,000 to $349,900
  • There are 230 pending/under contract sales and in the past 30 days there has been 62 sold homes with an average sold price of $116,316 spending an average of 37 days on the market
  • YTD there has been 580 closed sales with an average sold price of $112,362 spending an average of 47 days on the market.

July 27, 2013

  • There are 270 active listings with an average list price of $118,786 ranging in price from $29,000 to $349,900
  • There are 240 pending/under contract sales and in the past 30 days there has been 77 sold homes with an average sold price of $111,048 spending an average of 36 days on the market
  • YTD there has been 468 closed sales with an average sold price of $111,474 spending an average of 52 days on the market. This is down compared to last year where there were 503 closed sales YTD at this time yet the average sold price is up from last year’s average sold price of $108,335 of and average days on the market of 62.

April 16, 2013

  • There are 208 active listings with an average list price of $120,637 ranging in price from $1 to $349,900
  • There are 211 pending/under contract sales and in the past 30 days there has been 43 sold homes with an average sold price of $115,950 spending an average of 73 days on the market
  • YTD there has been 171 closed sales with an average sold price of $109,985 spending an average of 70 days on the market

March 11, 2013

  • There are 220 active listings with an average list price of $118,263 ranging in price from $19,999 to $349,900
  • There are 169 pending/under contract sales and in the past 30 days there has been 25 sold homes with an average sold price of $159,063 spending an average of 74 days on the market
  • YTD there has been 100 closed sales with an average sold price of $105,461 spending an average of 53 days on the market

February 21, 2013

  • There are 208 active listings with an average list price of $114,890 ranging in price from $34,900 to $349,900
  • There are 146 pending/under contract sales and in the past 30 days there has been 41 sold homes with an average sold price of $106,947 spending an average of 46 days on the market
  • YTD there has been 74 closed sales with an average sold price of $109,404 spending an average of 52 days on the market

November 6, 2012

  • There are 275 active listings with an average list price of $114,957 ranging in price from $38,000 to $400,000
  • There are 214 pending/under contract sales and in the past 30 days there has been 49 sold homes with an average sold price of $128,254 spending an average of 35 days on the market
  • YTD there has been 758 closed sales with an average sold price of $110,842 spending an average of 54 days on the market

July 4, 2012

  • There are 304 active listings with an average list price of $122,588 ranging in price from $19,900 to $899,000
  • There are 232 pending/under contract sales and in the past 30 days there has been 47 sold homes with an average sold price of $131,847 spending an average of 54 days on the market
  • YTD there has been 398 closed sales with an average sold price of $107,901 spending an average of 66 days on the market

June 7, 2012

  • There are 289 active listings with an average list price of $123,506 ranging in price from $45,000 to $899,000
  • There are 125 pending/under contract sales and in the past 30 days there has been 50 sold homes with an average sold price of $107,006 spending an average of 52 days on the market
  • YTD there has been 326 closed sales with an average sold price of $104,381 spending an average of 69 days on the market

May 10, 2012

  • There are 281 active listings with an average list price of $124,041 ranging in price from $45,000 to $999,000
  • There are 209 pending/under contract sales and in the past 30 days there has been 40 sold homes with an average sold price of $102,314 spending an average of 58 days on the market
  • YTD there has been 256 closed sales with an average sold price of $107,135 spending an average of 72 days on the market

April 8, 2012

  • There are 272 active listings with an average list price of $121,171 ranging in price from $39,900 to $999,000
  • There are 201 pending/under contract sales and in the past 30 days there has been 42 sold homes with an average sold price of $109,646 spending an average of 67 days on the market
  • YTD there has been 170 closed sales with an average sold price of $104,632 spending an average of 70 days on the market

March 9, 2012

  • There are 257 active listings with an average list price of $120,642 ranging in price from $39,000 to $999,000
  • There are 173 pending/under contract sales and in the past 30 days there has been 35 sold homes with an average sold price of $108,673 spending an average of 70 days on the market
  • YTD there has been 111 closed sales with an average sold price of $104,253 spending an average of 64 days on the market

December 27, 2011

  • There are 343 active listings with an average list price of $116,960 ranging in price from $39,000 to $1,100,000
  • There are 142 pending/under contract sales and in the past 30 days there has been 42 sold homes with an average sold price of $110,903 spending an average of 67 days on the market
  • YTD there has been 761 closed sales with an average sold price of $106,583 spending an average of 55 days on the market

June 11, 2011

  • There are 364 active listings with an average list price of $120,934 ranging in price from $42,000 to $690,000
  • There are 209 pending/under contract sales and in the past 30 days there has been 43 sold homes with an average sold price of 4104,824 spending an average of 60 days on the market
  • YTD there has been 243 closed sales with an average sold price of $102,890 spending an average of 42 days on the market
    • Highest closed – $238,000 – 317 days on the market
    • Lowest closed – $19,998 – zero days on the market

May 7, 2011

  • There are 319 active listings with an average list price of $119,883 ranging from $29,900  to $690,000
  • There are 168 pending/under contract sales and in the past 30 days there has been 37 closed sales with an average sold price of $98,556 spending an average of 61 days on the market
  • YTD there has been 178 closed sales with an average sold price of $101,573 spending an average of 59 days on the market.
    • Highest closed – $238,000 – 212 days on the market
    • Lowest closed – $19,998 – zero days on the market

March 11 ,2011

  • There are 285 active listings with an average list price of $117,450 ranging from $29,900  to $695,000 with days on market:
  • 0-30 days- 28.07%
  • 31-60 days – 28.77%
  • 61-90 days – 9.82%
  • 91-120 days – 9.82%
  • 120+ days – 22.46%
  • There is 122 pending/under contract sales and in the past 30 days there has been 31 closed sales with an average sale price of $94,820  spending an average of 52 days on the market .
  • YTD there  have been 90 closed sales with an average sale price of $99,497, spending 55 days on the market.
  • Highest closed – $238,000 – 263 days on the market
  • Lowest closed – $20,100 – zero days on the market

February 1,2011

  • There are 260 active listings with an average list price of $119,749 ranging from $20,000 to $695,000 with days on market:
  • 0-30 days- 29.62%
  • 31-60 days – 12.69%
  • 61-90 days – 13.08%
  • 91-120 days – 16.54%
  • 120+ days – 25%
  • There is 114 pending/under contract sales and in the past 30 days there has been 26 closed sales with an average sale price of $107,020 spending an average of 51 days on the market .

December 19, 2010

  • There are 285 active listings with an average list price of $119,116 ranging from $20,000 to $695,000
  • There are 114 pending/under contract sales and in the past 30 days there has been 20 closed sales with an average sold price of $112,577 spending an average of 46 days on the markt
  • Year to date there has been 740 closed sales with an average sold price of $111,444 spending and an average of 45 days on the market
    • Highest closed – $337,500 – 269 days on the market
    • Lowest closed – $3,000 – zero days on the market

September 23, 2010

  • There are 294 active listings with an average list price of $124,212 ranging from $24,999 to $950,000
  • There are 145 pending/under contract sales and in the past 30 days there has been 29 closed sales with an average sold price of $106,648 spending an average of 47 days on the market
  • YTD there has been 586 closed sales with an average sold price of $110,678 spending an average of 45 days on the market
    • Highest closed – $337,500 – 269 days on the market
    • Lowest closed – $3,000 – zero days on the market

The Absorption Rate over time has been:

Active Pending Total Active /Pending Sold past 30 days weeks Tonawanda History
313 127 33 8/19/2010
258 145 29 7/13/2010
241 234 52 6/7/2010
271 251 55 5/1/2010
239 41 44 3/29/2010
223 24 247 29 36.90 2/22/10
232 17 249 23 46.91 1/20/10
243 15 258 60 18.63 12/7/09
245 202 447 52 37.25 11/6/09
216 187 403 55 31.75 9/11/09
231 43 274 108 10.99 7/9/09
237 38 275 90 13.24 6/7/09
237 31 268 79 14.70 4/26/09
245 36 281 42 28.99 3/25/09

What does this mean for Tonawanda Real Estate Market?   Well homes are on the average taking a little longer to sell, but they are averaging higher prices than prior years and there are less sales than prior years at this time.   So it is the well priced homes that are selling.  Ones that come onto the market with unrealistic selling price are staying on the market for longer than they should, but with correct pricing they are selling quickly.

October 31, 2010

  • There are 311 active listings with an average list price of $122,818 ranging from $950,000 to $24,999
  • There are 130 pending/under contract sales and in the past 30 days there has been 39 closed sales with an average sold price of $115,389 spending an average of 48 days on the market
  • YTD there has been 650 closed sales with an average sold price of $111,413 spending an average of 45 days on the market
    • Highest closed sale – $337,500 – 269 days on the market
    • Lowest closed sale – $3,000 – zero days on the market

August 19, 2010

  • There are 313 active listing with an average list price of $122,927 ranging from $24,999 to $850,000
  • There are 127 pending/under contract sales in the past 30 days there has been a total of 33 closed sales with an average sold price of $113,362 spending an average of 40 days on the market
  • YTD there were 536 closed sales with an average sold price of $110,350 spending an average of 46 days on the market
    • Highest closed – $337,500 – 269 days on the market
    • Lowest closed – $3,000 – zero days on the market

July 11, 2010

  • There are 258 active listings in Tonawanda with an average list price of $125,571 ranging from $24,999 to $750,000
  • There are 145 pending/under contract sales and in the past 30 days there has been 91 closed sales with an average sold price of $116,348 spending an average of 29 days on the market
  • YTD there has been 447 closed sales with an average sold price of $109,203 spending an average of 47 days on the market
    • Highest closed sale – $303,500 – 269 days on the market
    • Lowest closed sale – $3,000 – zero days on the market

June 7, 2010

  • There are 241 active single family listings in Tonawanda with an average listing price o $126,105 ranging from $24,999 to $800,000
  • There are 234 pending/under contract sales and in the past 30 days there has been 52 closed sales with an average closed price of $108,264 spending an average of 48 days on the market
  • YTD there has been 307 closed sales with an average closed price of $106,919 spending an average of 56 days on the market
    • Highest closed – $303,500 – 269 days on the market
    • Lowest closed – $3,000 – zero days on the market

May 1, 2010

  • There are 271 active single-family homes for sale in Tonanwada NY with an average list price of $127,989 ranging from $24,999 to $800,000
  • There are 251 pending/under contract sales and in the past 30 days there has been a total of 55 closed sales with an average closed price of $144,041 spending an average of 55 days on the market
  • YTD there has been a total of 203 closed sales with an average closed price of $104,878 spending an average of 58 days on the market
  • Highest closed – $303,500 – 269 days on the market
  • Lowest closed – $3,000 – zero days on the market

March 29, 2010

  • There is 239 active single family homes with an average list price of $129,777 ranging from $54,900 to $799,000
  • There are 41 pending/under contract sales and in the past 30 days there were 44 closed sales with an average closed price of $97,351 spending an average of 52 days on the market
  • YTD there has been 123 closed sales with an average closed price of $101,595 spending an average of 57 days on the market
    • Highest closed – $250,000 – 203 days on the market
    • Lowest closed – $3,000 – zero days on the market

February 22, 2010

  • There are 223 active listings in Tonawanda with an average list price of $118,297 ranging from $24,999 to $850,000
  • There are 24 pending/under contract sales and in the past 30 days there were 29 closed sales with an average closed price of $100,859 spending an average of 68 days on the market
  • YTD there has been a total of 59 closed sales with an average closed price of $103,534 spending an average of 62 days on the market
  • Highest closed – $190,000 -187 days on the market
  • Lowest closed – $3,000 – 2 days on the market

January 20, 2010

  • There are 232 active single family homes for sale with an average list price of $117,718 ranging from $24,999 to $850,000
  • There are 17 pending/under contract sale and in the past 30 days there were 23 closed sales with an average closed price of $94,679 spending an average of 55 days on the market
  • In 2009 there were 949 closed sales in Tonawanda with an average closed price of $104,660 spending an average of 46 days on the market
    • Highest closed sale – $490,00 – 459 days on the market
    • Lowest closed sale – $12,000 – zero days on the market

December 7, 2009

  • There are 243 active single family homes for sale with an average list price of $117,839 ranging from $23,000 to $850,000
  • There are 15 pending/under contract sales and in the past 30 days there has been a total of 60 closed sales with an average closed price of $106,614 spending an average of 37 days on the market
  • Year to date there has been 854 closed sales with an average closed price $104,875 spending an average of 47 days on the market
    • Highest closed – $490,000 – 459 days on the market
    • Lowest closed – $12,000 – zero days on the market

September 20, 2009

  • Year to date in 2008 sales totaled 539 closed sales with an average closed price of $103,139 and spent an average of 47 days on the market in Tonawanda
  • The Absorption Rate of home in Tonawanda currently is 31 weeks, in July the rate was 11 weeks.  In a relatively short period of time it has moved from a Buyers to a Sellers market in Tonawanda.
  • There are 216 active single family homes for sale with an average list price of $124,576 ranging from $24,999 to $950,000
  • There are 187 pending/under contract sales and in the past 30 days there has been a total of 55 closed sales with an average closed price of $$112,947 spending an average of 35 days on the market
  • Year to date there has been a total of 517 closed sales with an average closed price of $104,063 spending an average of 51 days on the market
  • Highest sold – $490,000 – 459 days on the market
  • Lowest sold – $12,000 – zero days on the market

July 9, 2009

  • Before I go into the current Market conditions, I want to share the same time period closed sales January 1- July 9 for 2008, 2007 and 2006
    • 2008 – There were 419 closed sales with an average closed price of $99,900 averaging 52 days on the market
    • 2007 – There were 423 closed sales with an average closed price of $96,812 spending an average of 53 days on the market
    • 2006 – There were 439 closed sales with an average closed price of $90,100 spending an average of 34 days on the market
  • Currently there are 231 active single family homes for sale in Tonawanda with an average list price of $123,656 ranging from $24,999 to $950,000
  • There are 43 pending/under contract sales and in the past thirty days there has been 108 closed sales with an average closed price of $130,292 spending an average of 75 days on the market
  • Year to date 2009 there has been a total of 411 closed sales with an average closed price of $99,912 spending an average of 59 days on the market
    • Highest sold – $490,000 – 459 days on the market
    • Lowest sold – $12,000 – zero days on the market

June 7, 2009

  • There are currently 237 active single family homes for sale in Tonawanda NY with an average list price of $122,503 ranging from $24,999 to $950,000
  • There are 38 pending/under contract sales and in the past thirty days there has been 90 closed sales with an average closed price of $101,723 spending an average of 57 days
  • Year to date there has been a total of 303 closed sales with an average closed price of $96,123 spending an average of 66 days on the market
    • Highest sold – $490,000 – 459 days on the market
    • Lowest sold – $8,500 – zero days on the market

April 26, 2009

City and Town of Tonawanda Combined Market Report for Home sales as of April 26, 2009:

  • There are 237 Active listings in Tonawanda with an average list price of $121,958 ranging from $28,999 to $999,999
  • There are 31 pending/under contract homes in Tonawanda
  • In the past thirty days there are 79 closed homes with an average closed price of $95,528 and spending an average of 57 days on the market
  • Year to date there are 178 closed homes in Tonawanda with an average closed price of $94,753 spending an average of 67 days on the market
    • Highest sold – $490,000 – 293 days on the market
    • Lowest sold – $12,000 – zero days on the market

March 25, 2009 – City & Town of Tonawanda Combined

  • There are 245 active single-family homes for sale with an average list price of $119,910 ranging from $24,999 to $999,999.
  • There are currently 36 pending or under contract homes for sale
  • In the past 30 days there has been a total of 42 closed sales with an average closed price of $88,983 averaging 71 days on the market
  • Year to date there has been a total of 89 closed sales with an average closed price of $93,918 and spending an average of 73 days on the market
    • Highest Sold – $490,000 – 293 days on the market
    • Lowest Sold – $12,000 – 1 day on the mark

City of Tonawanda – January 26, 2009

  • 48 active single family homes for sale in the City of Tonawanda with an average list price of $113,099 ranging from $32,900 to $999,999
  • There are three pending/under contract sales
  • In the prior thirty days there were 11 closed sales of homes in Tonawanda with an average closed price of $65,272 and spending an average of 72 days on the market
  • In 2008 there were a total of 138 closed sales with an average closed price of $78,844 and spending an average of 54 days on the market.
    • Highest sold – $145,000 – 264 days on the market
    • Lowest sold – $13,000 – zero days on the market

Town of Tonawanda – December 27, 2008

  • 162 active single-family listings with an average list price of $114,861 ranging from $364,900 to 24,999.
  • 13 pending sales in Tonawanda. With an average sale price $83,294 ranging from $164,000 to 41,500.
  • In the past thirty days there has been a total of zero closed sales in Tonawanda.
  • Year to date there has been a total of 522 closed single-family home sales in Tonawanda averaging $110,935 sold price and spending an average of 44 days on the market.
    • Highest SOLD YTD – $370,000 – 308 days on the market.
    • Lowest SOLD YTD – $35,500 – zero days on the market.

City of Tonawanda –  December 27, 2008

  • 48 active single-family listings with an average list price of $115,358 ranging from $999,999 to 15,900.
  • 11 pending sales in City of Tonawanda. With an average sale price $75,545. ranging from $102,500 to $46,000
  • In the past thirty days there has been a total of 1 closed sales in City of Tonawanda with an average closed price of $104,900 spending an average of 57 days on the market
  • Year to date there has been a total of 127 closed single-family home sales in City of Tonawanda averaging $79,615 sold price and spending an average of 284 days on the market.
    • Highest SOLD YTD – $145,00 – 284 days on the market.
    • Lowest SOLD YTD – $12,000 – zero days on the market.

    Thinking of selling your Western 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.

    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. © 2011 Western New York Real Estate Information Services (WNYREIS), LLC. All rights reserved.
    search-buffalo-homes buffalo-neighborhoodscontact-best-buffalo-homesbuffalo-home-values get-the-latest-listings-via-email
    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.


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

Colleen Kulikowski is an Associate Real Estate Broker at MJ Peterson 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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