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Amherst NY Real Estate Market Report – August 2010

Living in Amherst NY you are ideally situated to the best of all of Western New York. Head north to Niagara Falls and south to the city of Buffalo. As of the 2000 census, the town had a total population of 116,510. The Town of Amherst encompasses most of the Village of Williamsville.   The town is by the northern part of the county and borders a small section of the Erie Canal. The town is the largest and most populous suburb of Buffalo.

Current Market Conditions

August 20, 2010

  • There are 435 active listings with an average list price of $247,598 ranging from $49,900 to $1,499,000
  • There are 190 pending/under contract sales and in the past 30 days there has been a total of 60 closed sales with an average close price of $208,790 spending an average of 55 days on the market
  • YTD there has been 618 closed sales with an average sold price of $186,821 spending an average of 53 days on the market
    • Highest closed – $1,165,000 – 362 days on the market
    • Lowest closed – $23,000 – zero days on the market

Read Also: Make Amherst NY Home

Selection of Amherst Homes for Sale

Property B365866
Property B363200

Property B363526
Property B357686

Property B358464
Property B357137

Property B369114
Property B368380

Property B366762
Property B365821

Property B367258
Property B353650

Property B366683
Property B366248

  • 461 Rambling Rd Amherst, 14051 NY
  • Value Range Pricing: $ 170,000 to $ 210,000
  • Built in 1985
  • 1876 sq. feet
  • 3 Bedrooms, 1 Full Bath(s) , 1 Half Bath(s)
  • MLS Number: B365980
  • (IDX)
Property B365980
Property B367179

Property B365860
Property B366077

Property B366086
Property B366717

Property B365919

Past Market Reports

July 15, 2010

  • There are 416 active listings with an average list price of $255,648 ranging from $54,000 to $1,199,000
  • There 206 pending/under contract sales and in the past 30 days there has been 113 closed sales with an average closed price of $190,184 spending an average of 41 days on the market
  • YTD there has been a total of 504 closed sales with an average closed price of $182,657 spending an average of 53 days on the market
    • Highest closed – $1,165,000 – 362 days on the market
    • Lowest closed – $23,000 – zero days on the market

June 3, 2010

  • There are 377 active listings with an average list price of $256,926 ranging from $52,000 to $1,299,000
  • There are 304 pending/under contract sales and in the past 30 days there has been 70 closed sales with an average closed price $189,897 spending an average of 58 days on the market
  • YTD there has been 303 closed sales with an average sold price of $177,942 spending an average of 61 days on the market
    • Highest closed – $725,000 – 362 days on the market
    • Lowest closed – $23,000 – zero days on the market

May 1, 2010

  • There are 396 active listings with an average list price of $247,632 ranging from $54,900 to $1,299,000
  • There are 316 pending/under contract sales in Amherst and in the past 30 days there has been a total of 46 closed sales with an average closed price of $160,141 spending an average of 67 days on the market
  • Year to date there has been a total of 187 closed sales with an average closed price of $174,983 spending an average of 66 days on the market
  • Highest closed – $528,000 – 230 days on the market
  • Lowest closed – $23,000 – zero days on the market

March 23, 2010

  • There are 391 active homes for sale in Amherst with an average list price of $240,900 ranging from $37,000 to $1,450,000
  • There are 37 pending/under contract sales and 35 closed sales in the past 30 days with an average closed price of $180,512 spending an average of 65 days on the market
  • YTD there has been a total of 104 closed sales with an average closed price of $181,846 spending an average of 65 days on the market
    • Highest closed – $528,000 – 224 days on the market
    • Lowest closed – $23,000 – zero days on the market

February 24, 2010

  • There are 359 active listings with an average list price of $240,416 ranging from $37,000 to $1,450,000
  • There are 26 pending/under contract sales and in the past 30 days there has been 21 closed sales with an average closed price of $188,650 spending an average of 88 days on the market
  • Year to date there has been a total of 47 closed sales with an average sold price of $187,681 spending an average of 69 days on the market
    • Highest closed – $500,000 – 179 days on the market
    • Lowest closed – $53,000 – 1 day on the market

January 20, 2010

  • There are 297 active listings with an average list price of $246,980 ranging from $30,000 to $14,450,000
  • There are 20 pending/under contract sales at this time and in the past 30 days there has been 31 closed sales with an average closed price of $191,799 spending an average of  67 days on the market
  • In 2009 there were a total of 1,112 closed sales in Amherst with an average closed price of $181,306 spending an average of 53 days on the market
  • Highest closed – $1,230,000 – 578 days on the market
  • Lowest closed – $24,500 – zero days on the market

November 13, 2009

  • There are 369 active listings with an average list price of $245,268 ranging from $28,900 to $1,450,000 There are currently 176 pending/under contract sales and in the past 30 days there has been 78 closed sales with an average sold price of $185,159 spending an average of 58 days on the market
  • Year to date there has been a total of 954 closed sales with an average sold price of $181,094 spending an average of 54 days on the market
    • Highest sold – $1,230,000 – 578 days on the market
    • Lowest sold – $24,500 – zero days on the market

September 17, 2009

  • 423 active listings with an average list price of $248,137 ranging from $50,000 to $1,500,000
  • 199 pending/under contract sales and 85 closed sales in the past 30 days with an average closed price of $165,427 spending an average of 36 days on the market
  • Year to date there has been a total of  786 closed sales with an average closed price of $179,365 spending an average of 54 days on the market
  • Highest sold – $1,230,000 – 578 days on the market
  • Lowest sold – $24,500 – zero days on the market

July 18, 2009

  • There are currently 107 active single family homes for sale in Amherst with an average list price of $276,601 ranging from $64,000 to $899,999
  • There are 10 pending/under contract sales with 37 closed sales with an average closed price of $228,279 spending an average of 44 days on the market
  • Year to date there has been a total of 113 closed sales with an average closed price of $202,338 spending an average of 56 days on the market
    • Highest sold – $510,000 – 251 days on the market
    • Lowest sold – $56,000 – zero days on the market

May 19, 2009

  • There are currently 95 active listings with an average list price of $281,997 ranging from $99,900 to $899,999
  • There are 20 under contract/pending and 16 closed in the prior 30 days with an average closed price of $174,815 and spending an average of 61 days on the market
  • That bring the total closed year to date to 59 with an average closed price of $187,819 spending an average of 65 days on the market
  • Highest sold – $412,500 – 222 days on the market
  • Lowest sold 0 $85,000 – zero days on the market

April 19, 2009

  • Since January the number of active single family homes has decreased from 156 homes for sale to the 90 we currently have active on the MLS and the average list price today is down as well, it was $309,263 in January2009
  • There are currently 90 active single family homes for sale in Amherst NY with an average list price of $289,679 ranging from $62,900 to $899,999
  • In the past 30 days there have been 12 closed sales with an average closed price of $177,440 and spending an average of 82 days on the market
  • Aat at this time there are 9 pending or under contract homes for sale
  • Year to date there have been 43 closed sales with an average closed price of 192,657 and spending an average of 66 days on the market
  • Highest sold – $350,000 – 222 days on the market
  • Lowest sold 0 $85,000 – zero days on the market

March 24, 2009

  • 91 active listings with an average list price of $286,621 ranging from $99,900 to $899,999
  • There are currently under contract or pending sales of 6 in Amherst as of today
  • In the past 30 days there has been a total of 12 closed sales with an average closed price of $208,554 and averaged 66 days on the market
  • Year to date there has been a total of 31 closed sales with an average closed price of $202,240 spending an average of 63 days on the market
    • Highest sold – $370,000 – 182 days on the market
    • Lowest sold – $89,900 – zero days on the market

January 23, 2009

  • 156 active single-family listings with an average list price of $309,263 ranging from $1,699,000 to $99,900
  • 27 pending sales in Amherst.
  • In the past thirty days there has been a total of 2 closed sales in Amherst with an average closed price of $349,800 spending an average of 0 days on the market
  • In 2008 there has been a total of 382 closed single-family home sales in Amherst averaging $228,098 sold price and spending an average of 58 days on the market.
    • Highest SOLD 2008 – $1,399,000 – 385 days on the market.
    • Lowest SOLD 2008 – $50,055 – 0 days on the market.

September 3, 2008

  • 172 active listings with an average list price of $272,243 ranging in list price from $$79,900 to $1,150,000.
  • There are currently 9 pending listings in Amherst New York
  • In the past 30 days there has been a total of 28 closed sales with an average closed sale price of $212,400 and spending an average of 56 days on the market.
  • Year to date there has been a total of 154 closed sales in Amherst average sales price of $210,604 and spending an average of 56 days on the market.
  • The current absorption rate for Amherst NY is 21.82 weeks
    • Highest sold YTD sold for $708,100 spending 385 days on the market
    • Lowest sold YTD sold for $40,500 and spent zero days on the market

August 6, 2008

  • As of today there are 135 Single-family homes for sale in Amherst and 7 pending/under contract listings averaging a list price of $272,305.  These homes range from $82,700 to $1,150,000.
  • In the past 30 days there has been a total of 27 closed sales ranging in closed price from $103,500 to $570,000 with an average sold price of $219,998 and spending an average of 40 days on the market
  • Year to date there has been a total of 128 closed sales in Amherst NY average sales price of $209,505 and spending an average of 57 days on the market.
    • Highest Sold YTD – $708,100 – 385 days on the market
    • Lowest Sold YTD – $40,500 0 zero days on the market

Amherst NY Homes for Sale Market Report June 2008 for Single-family homes

Amherst NY Multi-family Market Report – May 2008

Amherst NY Real Estate Market Report May 2008 for Single Family Homes

Amherst NY Condo/Townhome Market Report – February 25, 2008

Thinking of selling your  Amherst 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 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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