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Town of Niagara Current Real Estate Market Report

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Current Market Conditions for Town of Niagara Single Family Homes

January 30, 2012

  • There are 19 active single family homes on the market in the Town of Niagara with an average list price of $162,177 ranging from $45,000 to $450,000
  • There are 8 pending/under contract and in the past 30 days there has been one closed sales for $55,000 spending 416 days on the market
  • Selection of Town of Niagara Homes for Sale

    Historical Stats for the Town of Niagara

    Year
    # Closed
    Sales
    Average Closed
    Sales Price
    Average
    Days on the
    Market
    2009 36 $101,878 67
    2008 55 $82,334 68
    2007 39 $87,355 78
    2006 46 $86,046 47
    2005 45 $92,059 45

    Past Market Reports

    June 18, 2011

  • There are 29 active single family homes on the market in the Town of Niagara with an average list price of $112,857 ranging from $17,800 to $299,000
  • There are 15 pending/under contract and in the past 30 days there has been 5 closed sales with an average closed price of $93,800 spending an average of 143 days on the market
  • YTD there has been 16 closed sales with an average sold price of $80,991 spending an average of 139 days on the market
    • Highest – $147,900 – 289 days on the market
    • Lowest – $19,900 – 32 days on the market
  • YTD for 2010 there were 11 closed sales with an average sold price of $115,404 spending an average of 55 days on the market
    • Highest – $170,000 – 295 days on the market
    • Lowest – $63,000 – 2 days on the market

    May 7, 20011

    • There are 28 active listings with an average list price of $107,829 ranging from $17,800 to $299,000
    • There are 14 pending/under contract sales and in the past thirty days there has been 2 closed sales with an average sold price of $103,500 spending an average of 205 days on the market
    • YTD there has been 7 closed sales with an average sold price of $70,879 spending an average of 143 days on the market
      • Highest closed – $120,000 – 259 days on the market
      • Lowest closed – $16,600 – 52 days on the market

    January 10,2011

    • There are 36 active listings with an average list price of $115,525 ranging from $14,500  to $299,000 with days on market:
      • 0-30 days- 11.11%
      • 31-60 days – 16.67%
      • 61-90 days – 19.44%
      • 91-120 days – 25%
      • 120+ days – 27.78%
    • There is 5 pending/under contract sales and in the past 30 days there has been 2 closed sales with an average sale price of 85 days on the market.

    November 26, 2010

    • There are 33 active listings with an average list price of $117,569 ranging from $26,900 to $299,000
    • There are 10 pending/under contract sales and no closed sales in the past 30 days
    • YTD there has been 31 closed sales with an average sold price of $108,418 spending an average of 51 days on the market
      • Highest closed – $220,000 – 295 days on the market
      • Lowest closed – $10,000 – 2 days on the market

    October 22, 2010

    • There are 29 active listings with an average list price of $123,054 ranging from $32,500 to $299,000
      • 20.69% have been on the market 120+ days on the market
    • There are 12 pending/under contract sales and in the past 30 days there has been 5 closed sales with an average sold price of $110,680 spending an average of 33 days on the market
    • YTD there has been 28 closed sales with an average closed price of $115,820 spending an average of 51 days on the market
      • Highest closed – $220,000 – 295 days on the market
      • Lowest closed – $46,500 – 2 days on the market
      • 57.14% of closed sales happened under 30 days

    September 13, 2010

    • There are 28 active listings with an average list price of $119,277 ranging from $25,900 to $300,000
    • There are 18 pending/under contract sales and in the past 30 days there has been 2 closed sales with an average sold price of $79,250 spending an average of 83 days on the market
    • YTD there has been 20 closed sales with an average sold price of $114,078 spending an average of 57 days on the market
      • Highest closed – $174,00 – 295 days on the market
      • Lowest closed – $46,500 – 2 days on the market

    August 9, 2010

    • There are 37 active listings with an average list price of $113,084 ranging from $16,500 to $300,000
    • There are 13 pending/under contract sales and in the past 30 days there has been 3 closed sales with an average sold $129,320 spending an average of 20 days on the market
    • YTD there has been 16 closed sales with an average sold price of $118,979 spending an average of 50 days on the market
      • Highest closed – $174,000 – 295 days on the market
      • Lowest closed – $46,500 – 2 days on the market

    June 20, 2010

    • There are 30 active listings with an average list price of $121,403 ranging from $19,900 to $300,000
    • There are 15 pending/under contract sales and in the past 30 days there has been 5 closed ales with an average closed price of $108,548 spending an average of 98 days on the market
    • YTD there has been 9 closed sales with an average closed price of $119,382 spending an average of 64 days on the market
      • Highest closed – $170,000 – 295 days on the market
      • Lowest closed – $80,000 – 4 days on the market
    • YTD 2009 there were 7 closed sales and the average closed price was $110,121 and they spent an average of 112 days on the market.   Around the same time July 2nd there were 34 active and 2 pending/under contract sales.

    May 18, 2010

    • There are 32 active single family homes for sale with an average list price of $121,446 ranging from $19,900 to $300,000
    • There are 17 pending/under contract sales and in the past 30 days there has been 1 closed sale for $170,000 after spending 11 days on the market
    • YTD there has been 3 closed sales with an average closed price of $150,566 spending an average of 9 days on the market
      • Highest closed – $170,000 – 12 days on the market
      • Lowest closed – $129,700 – 4 days on the market

    April 15, 2010

    • There are 33 active listings with an average list price of $122,425 ranging from $15,000 to $300,000
    • There are 10 pending/under contract sales and in the past 30 days there has been 1 closed sale for $152,000 after spending 12 days on the market
    • YTD there has been 2 closed sales with an average closed price of $140,850 after spending an average of 80 days on the market
      • Highest closed $152,000 – 12 days on the market
      • Lowest closed – $129,700 – 1 day on the market

    March 1, 2010

    • There are 23 active listings with an average list price of $163,286 ranging from $15,000 to $999,000
    • There is one pending/under contract sales and in the past thirty days there has been no closed sales
    • Year to date there has been one closed sales for $129,700 spending 4 days on the market

    January 20, 2010

    • 23 Active listings with Average List price of $127,852 ranging from $15,000 to $300,000
    • No Pending/Under Contract Sales at this time and no closed sales in the past 30 days.
    • In 2009 there were a total of 36 closed sales with an average closed price of $101,878 spending an average of 67 days on the market
      • Highest closed – $174,000 – 326 days on the market
      • Lowest closed – $7,000 – zero days on the market

    Past Town of Niagara Market Reports:

    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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    All Statistics are gathered from the Buffalo Niagara Association of REALTORS®.
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