WNY Single-family homes Market Report for the $250,000-$500,0000

Current Market Conditions (Niagara & Erie Counties)

April 27, 2013

• There are 542 active listings with an average list price of $338,392 ranging from $250,000 to $650,000
• There are 269 pending/under contract sales and in the past 30 days there has been 32 closed sales with an average sold price of $314,518 spending an average of 97 days on the market
• YTD there has been 186 closed sales with an average sold price of $318,168 spending an average of 87 days on the market

Selection of Homes for sale

Historic Data

Western New York is comprised of seven counties, this market report is for Niagara and Erie Counties single-family homes for the price range of $250,000 – $500,000. Here is a historic look at what has happened in this price range:

• 2011 -  737 homes sold – Average sold price $314,553 – Average of 71 days on the Market
• 2010 – 679 homes sold – Average sold price $311,528 – Average of 70 days on the Market
• 2009 – 691 homes sold – Average sold price $311,821 – Average of 71 days on the Market
• 2008 – 758 homes sold – Average Sold price $316,531 0 Average of 64 days on the Market
• 2007 – 799 homes sold – Average Sold price $317,050 – Average of 65 Days on the Market
• 2006 – 711 homes sold – Average Sold price $321,070 – Average of 66 Days on the Market
• 2005 – 704 homes sold – Average Sold price $321,448 – Average of 58 Days on the Market
• 2004 – 613 homes sold – Average Sold price $320,153 – Average of 57 Days on the Market
• 2003 – 411 homes sold – Average Sold price $313,366 – Average of 62 Days on the Market
• 2002 – 352 homes sold – Average Sold price $308,985 – Average of 63 Days on the Market
• 2001 – 304 homes sold – Average Sold price $305,750 – Average of 76 Days on the Market
• 2000 – 304 homes sold – Average Sold price $311,222 – Average of 69 Days on the Market

Past Market Reports

February 16, 2013

• There are 446 active listings with an average list price of $335,643 ranging from $251,500 to $650,000
• There are 144 pending/under contract sales and in the past 30 days there has been 46 closed sales with an average sold price of $308,996 spending an average of 114 days on the market
• YTD there has been 74 closed sales with an average sold price of $316,370 spending an average of 99 days on the market

December 11, 2012

• There are 519 active listings with an average list price of $333,215 ranging from $250,000 to $650,000
• There are 197 pending/under contract sales and in the past 30 days there has been 48 closed sales with an average sold price of $302,199 spending an average of 77 days on the market
• YTD there has been 753 closed sales with an average sold price of $316,633 spending an average of 74 days on the market

• Highest – $503,000
• Lowest – $232,500

August 11, 2012

• There are 666 active listings with an average list price of $334,988 ranging from $250,000 to $650,000
• There are 254 pending/under contract sales and in the past 30 days there has been 69 closed sales with an average sold price of $322,359 spending an average of 66 days on the market
• YTD there has been 431 closed sales with an average sold price of $316,633 spending an average of 78 days on the market

• Highest – $485,000
• Lowest – $232,500

June 29, 2012

• There are 674 active listings with an average list price of $336,282 ranging from $250,000 to $500,000
• There are 249 pending/under contract sales and in the past 30 days there has been 60 closed sales with an average sold price of $329,209 spending an average of 60 days on the market
• YTD there has been 290 closed sales with an average sold price of $317,417 spending an average of 110 days on the market

• Highest – $485,000 – 620 days on the market
• Lowest – $232,500 – 0 days on the market

May 27, 2012

• There are 674 active listings with an average list price of $339,725 ranging from $250,000 to $849,000
• There are 210 pending/under contract sales and in the past 30 days there has been 48 closed sales with an average sold price of $326,217 spending an average of 81 days on the market
• YTD there has been 204 closed sales with an average sold price of $316,140 spending an average of 93 days on the market

• Highest – $485,000 – 620 days on the market
• Lowest – $232,500 – 0 days on the market

March 27, 2012

• There are 625 active listings with an average list price of $338,489 ranging from $250,000 to $525,000
• There are 141 pending/under contract sales and in the past 30 days there has been 27 closed sales with an average sold price of $325,407 spending an average of 105 days on the market
• YTD there has been 89 closed sales with an average sold price of $317,548 spending an average of 89 days on the market

• Highest – $485,000 – 462 days on the market
• Lowest – $230,000 – 0 days on the market

February 27, 2012

• There are 559 active listings with an average list price of $338,817 ranging from $250,000 to $525,000
• There are 111 pending/under contract sales and in the past 30 days there has been 24 closed sales with an average sold price of $318,142 spending an average of 96 days on the market
• YTD there has been 52 closed sales with an average sold price of $316,915 spending an average of 83 days on the market

• Highest – $485,000 – 462 days on the market
• Lowest – $230,000 – 0 days on the market

January 29, 2012

• There are 550 active listings with an average list price of $38,943 ranging from $250,000 to $525,000
• There are 113 pending/under contract sales and in the past 30 days there has been 19 closed sales with an average sold price of $316,540 spending an average of 69 days on the market
• YTD there has been 16 closed sales with an average sold price of $328,704 spending an average of 76 days on the market

• Highest – $485,000 – 32 days on the market
• Lowest – $245,000 – 0 days on the market

July 2, 2011

• There are 731 active listings with an average list price of $335,874 ranging from $250,000 to $534,500
• There are 218 pending/under contract sales and in the past 30 days there has been 53 closed sales with an average sold price of  $298,148 spending an average of 69 days on the market

June 12, 2011

• There are 712 active single family homes in this price range in Niagara and Erie counties with an average list price of $336,473 ranging from $250,000 to $534,500
• There are 215 pending/under contract sales and in the past 30 days there has been 39 closed sales with an average sold price of #401,429 spending an average of 57 days on the market
• YTD there has been 223 closed sales with an average sold price of $312,605 spending an average of 81 days on the market
• Highest sold – $490,500 – 931 days on the market

April 24, 2011

• There are 765 active listings with an average list price of $334,668 ranging from $250,000 to $529,900
• There are 161 pending/under contract sales and in the past 30 days there has been 29 closed sales with an average sold price of $303,521 spending an average of 95 days on the market
• YTD there has been 152 closed sales with an average sold price of $314,061 spending an average of 93 days on the market
  • Highest closed – $490,500 – 598 days on the market
  • Lowest closed – $2,150 – zero days on the market

  March 26, 2011

  • There are 737 active listings in this price range of homes for sale in Western New York.    The average list price of $334,505 ranging from $250,000 to $549,900
  • There are 131 pending/under contract sales and in the past 30 days there has been 26 closed sales with an average sold price of $298,085 spending an average of 119 days on the market
    • Highest closed – $490,500 – 598 days on the market
    • Lowest closed – $2,150 – zero days on the market

  November 30, 2010

  • 636 active listings with an average list price of $331,103 ranging from $250,000 to $569,000
  • There are 146 pending/under contract sales and in the past 30 days
  • YTD there has been 1,461 closed sales with an average sold price of of $311,528 spending an average of 70 days on the market
    • Highest closed – $530,000 – 745 days on the market
    • Lowest closed – $155,000 – zero days on the market

  April 14, 2008

  This year currently sales of single-family homes is as follows:

  • Year to date sales total 131 closed sales averaging $312,748 and spent an average of 70 days on the market (DOM) Highest sold YTD home sold for $490,000 (221 DOM) and lowest in this price range sold for $220,000 (0 DOM)
  • In the past 30 days 38 homes sold averaging $318,869 and an average of 74 days on the market.   Highest sold for $479,900 (221 DOM) and lowest sold in this price range sold for $254,900 (0 DOM)
  • There are currently 535 active single-family homes for sale and 19 pending sales with an average list price of $342,900.  Highest is listed at $499,999 and lowest listed for $250,000. Thinking of selling your Williamsville home?

  

  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®.
  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. © 2013 Western New York Real Estate Information Services (WNYREIS), LLC. All rights reserved.