Allentown Market Report for Single Family Homes
Allentown is a popular community in the City of Buffalo to live and is host to one of the most popular summer festivals in Western New York – The Allentown Art Festival. The Streets & Properties are full of history in Allentown. Allentown Historic Preservation District located in Buffalo, New York boasts one of the best examples of urbanism in Western New York.
Read Also: 2009 Closed Sales in Allentown District in Buffalo NY
Current Real Estate Market Conditions in Allentown
August 22, 2010
- There are 9 active listings with an average list price $190,876 ranging from $19,500 to $525,000
- There are 9 pending/under contract sales and one closed sale in the past 30 days for $270,000 after spending 87 days on the market
- YTD there has been 9 closed sales with an average sold price of $171,658 spending an average of 39 days on the market
- Highest closed – $300,000 – 87 days on the market
- Lowest closed – $72,000 – 1 day on the market
Selection of Homes Currently for Sale in Allentown
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Single Family Homes – Past Market Reports
Allentown Historic Sales Data by Year:
First the good news.. The average sales price is up in the historic district of Allentown in Downtown Buffalo. And you know that I am going to follow up with some bad, the number of sales is down, the average days on the market is up and highest sold for the year is down from last year’s highest sold.
Ready for some additional good news? This is a cycle we have seen in the Allentown area (see chart below). And if the cycle continues, we will see an increase in sales in 2009!
| Year | # Closed | Average Closed Price | Average DOM | Highest Sold/DOM |
| 2009 | 29 | $152,144 | 48 | $510,000/190 |
| 2008 | 14 | $212,428 | 74 | $335,000/332 |
| 2007 | 33 | $132,670 | 46 | $390,000/164 |
| 2006 | 19 | $135,347 | 54 | $342,500/238 |
| 2005 | 23 | $164,073 | 51 | $395,000/168 |
| 2004 | 14 | $130,954 | 86 | $390,000/265 |
| 2003 | 27 | $103,445 | 39 | $249,500/164 |
| 2002 | 14 | $103,936 | 59 | $257,500/180 |
| 2001 | 21 | $93,671 | 65 | $160,000/379 |
| 2000 | 17 | $122,341 | 85 | $325,000/285 |
July 1, 2010
- There are 11 active listings with an average list price of $219,753 ranging from $19,900 to $525,000
- There are 5 pending/under contract sales
- YTD there has been 8 closed sales with an average sold price of $159,352 spending an average of 32 days on the market
- Highest closed – $300,000 – 82 days on the market
- Lowest closed – $72,000 – 1 day on the market
May 30, 2010
- There are 12 active listings with an average list price of $217,265 ranging from $19,900 to $525,000
- There are 7 pending/under contract sales and no closed sales in the past 30 days
- Year to date there has been 3 closed sales with an average closed price of $127,973 spending an average of 16 days on the market
- Highest closed – $189,900 – 36 days on the market
- Lowest closed – $72,000 – 3 days on the market
April 24, 2010
- There are 16 active listings with an average list price of $215,549 ranging from $21,000 to $525,000
- There are 2 pending sales and year to date there has been a total of 2 closed sales with an average closed price of $130,950 spending an average of 23 days on the market
- Highest closed – $189,900 – 36 days on the market
- Lowest closed – $72,000 – 11 days on the market
March 22, 2010
- There are 12 active listings with an average list price of $235,607 ranging from $24,000 to $595,000
- No pending/under contact sales and in the past 30 days there has been no closed sales
- YTD there has been two closed sales with an average closed price of $130950 spending an average of 23 days on the market
- Highest closed – $189,900 – 36 days on the market
- Lowest closed – $72,000 – 11 days on the market
February 10, 2010
- There are 9 active listings in Allentown with an average list price of $248,154 ranging from $79,900 to $595,000
- There are no pending/under contract sales and in the past 30 days there were 2 closed sales with an average closed price of $130,950 spending an average of 23 days on the market
- YTD there has been only two closed sales
- Highest closed – $189,900 – 36 days on the market
- Lowest closed – $76,000 – 11 days on the market
January 9, 2010
- There are currently 6 active listings with an average list price of $289,781 ranging from $79,900 to $595,000
- There is one pending/under contract sale and there were 2 closed sales in the past 30 days with an average sold price of $93,450 spending an average of 18 days on the market
- In 2009 there were 29 closed sales with an average sold price of $152,144 spending an average of 48 days on the market
November 26, 2009
- There are currently 7 active listings with an average list price of $297,069 ranging from $79,900 to $595,000
- There are currently 6 pending/under contract homes and in the past 30 days there has been 2 closed sales with an average closed price of $323,249 spending an average of 26 days on the market
- Year to date there has been 24 closed sales with an average closed price of $162,645 spending an average of 51 days on the market
- Highest sold – $510,000 – 190 days on the market
- Lowest sold – $19,500 – zero days on the market
October 21, 2009
- There are currently 7 active homes for sale with an average list price of $250,384 ranging from $65,000 to $399,900
- There are 5 pending/under contract sales and in the past 30 days there has been 3 closed sales with an average closed price of $115,200 spending an average of 19 days on the market
- Year to date there has been 21 closed sales with an average closed price of $148,666 spending an average of 55 days on the market
- Highest sold – $510,000 – 190 days on the market
- Lowest sold — $19,500 – zero days on the market
August 3, 2009
- There are 12 active single family homes for sale with an average list price of $228,226 ranging from $20,000 to $459,900
- There is one pending and no closed sales in the past 30 days
- Year to date there has been a total of 14 closed sales with an average closed price of $176,000 spending an average of 67 days on the market
- Highest sold – $510,000 – 190 days on the market
- Lowest sold – $31,000 – 3 days on the market
July 8, 2009
- There are currently 13 active single family homes for sale in Allentown with an average list price of $185,376 ranging from $20,000 to $399,900
- There are currently 1 pending sale and in the past 30 days there were 4 closed sales with an average closed price of $239,000 spending an average of 88 days on the market
- Year to date there has been a total of 14 closed sales with an average closed price of $176,000 spending an average of 67 days on the market
- Highest sold – $510,000 – 190 days on the market
- Lowest sold – $31,000 – 3 days on the market
May 3, 2009
- There are currently 10 active single family homes for sale in Allentown with an average $248,820 ranging from $20,000 to $599,900
- 1 pending/under contract listing
- 1 closed home in the past 30 days for $288,000 after 50 days
- 9 closed homes year to date in Allentown with an average closed price of $140,888 spending an average of 46 days on the market
- Highest sold – $288,000 – 104 days on the market
- Lowest sold – $56,500 – 3 days on the market
March 24, 2009
- There are currently 12 single-family homes for sale with an average list price of $254,900 ranging from $38,000 to $599,900
- There are two pending/under contract sales and in the past 30 days there has been a total of 3 closed sales with an average closed price of $135,333 and spending an average of 72 days on the market
- Year to date there has been a total of 7 closed sales in Allentown with an average closed price of $120,285 and spending an average of 45 days on the market
- Highest sold – $161,000 – 104 days on the market
- Lowest sold – $56,500 – 3 days on the market
February 9, 2009
As of February 9, 2009 in the Historic district of Allentown in Buffalo NY here is the market conditions:
- There has been no sales yet in 2009 and there are no pending sales
- As of today there are 11 single-family homes for sales in Allentown with an average list price of $219,990 ranging from $38,000 to $399,900
January 12, 2009
As of January 12, 2009 the Allentown Single Family Market Report is as follows:
- 17 active single family homes for sale with an average list price of $211,788 ranging from $45,000 to $399,900
- There are two pending sale and one closed sales in the past thirty days for $119,500 after spending 11 days on the market.
- There are no closed sales as of today for 2009 for the Historic Allentown District of Buffalo New York.
December 31, 2008
As of December 31, 2008 the Allentown Single Family Market Report is as follows:
- 18 active single family homes for sale with an average list price of $211,788 ranging from $45,000 to $399,900
- There is one pending sale and no closed sales in the past thirty days
- Year to date there has been a total of 14 closed sales with an average closed price of $212,428 averaging 74 days on the market
- Highest Sold YTD – $335,000 – 332 days on the market
- Lowest Sold YTD – $4,000 – zero days on the market
November 2008
Allentown is in the heart of Downtown Buffalo and is a bustling community that has a desirable lifestyle for many folks here in Western New York. As of November 12, here are the Market Conditions in Allentown:
- 21 Currently active single family homes and one pending sale with an average list price of $241,195 ranging from $45,000 to $649,000
- See a selection of Allentown homes for sale here:
- In the past 30 days only one closed sale has closed in Allentown which sold for $301,000 and spent 101 days on the market.
- Year to date there has been 12 homes sold in Allentown with an average closed sales price of $210,166 and spending an average of 75 days on the market.
- Highest sold YTD – $335,000 – 332 days on the market
- Lowest sold YTD – $4,000 – zero days on the market
August 3, 2008
- There are currently 12 active listings in Allentown for Single-family homes for sale averaging a list price of $292,275 ranging from $139,900 to $579,900
- There are no pending at this time
- In the past 30 days there has been a total of 3 closed single family homes in Allentown with an average sales price of $165,333 after spending an average of 72 days on the market
- Highest – $240,000 (183 DOM)
- Lowest – $96,000 (0 DOM)
- Year to date there has been a total of 9 closed sales averaging $196,278 and spending an average of 86 days on the market
- In 2007 there were a total of 33 closed sales of single family homes in Allentown averaging $132,671 and spending an average of 46 days on the market.
- 2006 saw 10 closed sales with an average sold price of $135,347 and spending an average of 54 days on the market
- 2005 there were 23 closed Allentown single-family homes sold with an average sold price of $164,073 and spending an average of 51 days on the market.
July 18, 2008
- Currently there are 8 active listings for sale in Allentown with an average list price of $332,188. Highest list price is $579,900 and lowest is $139,900.
- There are no pending/under contract homes for sale.
- In the Past thirty days there has been 2 closed sales with an average sales price of $202,500 and spent an average of 104 days on the market (DOM).
- Year to date there have been 7 closed sales with an average sales price of $204,357 and spent an average of 106 days on the market.
- Last year (January 1, 2007-December 31, 2007) there were 33 closed sales with an average Sold Price of $132,671 and spent an average of 47 days on the market. Highest sold for $390,000 (164 DOM) and lowest in 2007 sold for $5,000 (0 DOM) in Allentown
- In the last 24 months there have been a total of 48 homes sold in Allentown for an average SOLD price of $146,585 and spent an average of 55 days on the market. Highest sold for $390,000 (332 DOM) and lowest $4,000 (0 DOM)
Additional Real Estate Articles on Allentown NY:
- Allentown Least Expensive Listed Homes June 2008
- For Sale By Owner Case Study: 74 Mariner Street Buffalo NY 14201
- Buffalo NY Real Estate at a Glance Allentown March 2008
Thinking of selling your Allentown home? 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 call today or fill out the form below! View additional WNY Market Area Statistics here.
All Statistics are gathered from the Buffalo Niagara Association of REALTORS®.
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