WNY Single Family Home Sales by Price Range

January 23, 2009 Stats

Million Dollar and Greater Homes for Sale

• There is one pending and 17 active homes in this price range with an average list price of $1,435,464 ranging from $1,079,000 to $1,795,000
• In the prior thirty days there was one sale that sold for $950,000 after 17 days on the market
• In 2008 there were a total of 9 closed sales over a million dollars with an average closed price of $1,558,988 spending an average of 161 days on the market
  • Highest Sold – $3,300,000 – 727 days on the market
  • Lowest sold – $950,000 – zero days on the market
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$751,000 – $1,000,000

• There is 1 pending and 43 active homes for sale in this price range at this point with an average listing price of $874,755 ranging from $769,900 to $999,000.
• In the past thirty days there was one closed sale that closed at $682,500 after spending 167 days on the market
• 2008 saw a total of 20 closed sales with an average closed price of $779,018 and spent an average of 91 days on the market
  • Highest sold – $950,000 – 241 days on the market
  • Lowest sold – $615,000 – zero days on the market

$501,000 to $750,000 Price Range

• There is one pending and 92 active listings with an average listing price of $615,466 ranging from $509,900 to $750,000
• In the prior 30 days there were 4 closed sales with an average closed price of $604,450 and spending an average of 135 days on the market
• 2008 ended with 63 closed sales with an average sales price of $575,480 and averaged 104 days on the market
  • Highest sold – $780,000 – 627 days on the market
  • Lowest sold – $440,000 – zero days on the market
• Check out – 9680 The Maples Clarence NY 14031

$251,000 to $500,000 Price Range

• There are 20 pending and 621 active listings in this price range in Western New York with an average list price of $340,305 ranging from $251,000 to $500,000
• In the past thirty days there were 35 closed sales with an average closed price of $311,484 and spending an average of 39 days on the market
• Year to date in 2008 there were a total of 785 closed sales with the average closed price of $315,965 and spending an average of 69 days on the market
  • Highest Sold – $540,000 – 741 days on the market
  • Lowest Sold – $190,000 – zero days on the market

$151,000 – $250,000 Price Range

• There are 40 pending and 960 active single family homes for sale in Western New York in this price range with an average list price of $195,003 and ranging from $151,000 to $250,000.
• In the prior thirty days there were a total of 87 closed sales with an average closed price of $186,724 and averaging 67 days on the market
• In 2008 there were a total of 1,852 closed sales with an average closed price of $186,376 spending an average of 60 days on the market
  • Highest sold – $265,500 – 435 days on the market
  • Lowest sold – $110,000 – zero days on the market

$51,000 to $150,000 Price Range

• There are 128 pending/under contract homes for sale and 2,114 active listings in this price range with an average list price of $99,605 ranging from $51,000 to $150,000
• In the past thirty days there has been 261 closed sales with an average sold price of $94,689 and averaged 63 days on the market
• In 2008 there were 5,070 closed sales in Western New York for this price range with an average closed price of $97,095 and averaging 62 days on the market
  • Highest sold – $160,000 – 765 days on the market
  • Lowest sold – $30,000 – zero days on the market

Under $50,000

• There are 57 pending and 814 active single family homes for sale in WNY with an average list price of $28,874 in this grouping of homes for sale
• Past thirty days there were 113 closed sales with an average closed price of $25,842 and averaged 70 days on the market
• In 2008 there were a total of 1,538 closed sales with an average closed price of $26,948 and averaged 72 days on the market
  • Highest closed – $70,250 – 748 days on the market
  • Lowest closed – $500 – zero days on the market

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