Bidwell Market Report

Bidwell Area Single Family Homes Market Conditions

May 10, 2009

• There are currently 20 active single family homes in the Bidwell area with an average list price of $385,005 ranging from $179,900 to $1,400,000
• There are currently 2 pending sales/under contract
• In the past thirty days there has been 4 closed sales with an average closed price of $183,625 spending an average of 33 days on the market
• Year to date there has been a total of 11 closed sales with an average closed price of $179,536 spending an average of 44 days on the market
  • Highest sold – $349,900 – 110 days on the market
  • Lowest sold – $45,000 – zero days on the market

Selection of Bidwell Real Estate for Sale

	16 BIDWELL PARKWAY Buffalo, 14222 NY $ 179,900 Built in 1900 2572 sq. feet 4 Bedrooms, 1 Full Bath(s) , 1 Half Bath(s) MLS Number: 333858 (IDX)
	699 Auburn Avenue Buffalo, 14222 NY $ 235,000 Built in 1900 1984 sq. feet 4 Bedrooms, 1 Full Bath(s) , 1 Half Bath(s) MLS Number: 330772 (IDX)
	827 BIRD BUFFALO, 14209 NY $ 249,000 Built in 1910 2089 sq. feet 4 Bedrooms, 1 Full Bath(s) , 1 Half Bath(s) MLS Number: 332998 (IDX)
	64 DORCHESTER BUFFALO, 14222 NY $ 299,900 Built in 1900 2118 sq. feet 3 Bedrooms, 2 Full Bath(s) , 2 Half Bath(s) MLS Number: 333865 (IDX)
	512 LAFAYETTE Buffalo, 14222 NY $ 314,900 Built in 1902 2791 sq. feet 4 Bedrooms, 2 Full Bath(s) , 1 Half Bath(s) MLS Number: 334005 (IDX)
	646 Lafayette Buffalo, 14222 NY $ 350,000 Built in 1910 3266 sq. feet 4 Bedrooms, 2 Full Bath(s) , 1 Half Bath(s) MLS Number: 335176 (IDX)
	14-16 Penhurst Buffalo, 14222 NY $ 545,000 Built in 1923 4060 sq. feet 6 Bedrooms, 3 Full Bath(s) , 2 Half Bath(s) MLS Number: 316173 (IDX)

Past Single Family Market Reports

The good news is there is increased. This is a cycle we have seen in the Bidwell 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
2008	30	$270,231	49	$850,000/153
2007	35	$245,791	42	$580,000/216
2006	43	$308,918	47	$800,000/310
2005	46	$270,667	42	$945,000/374
2004	36	$264,513	44	$549,000/208
2003	52	$211,713	46	$725,000/317
2002	46	$193,680	28	$461,000/241
2001	38	$166,440	70	$479,900/714
2000	49	$164,539	61	$980,000/330

March 24, 2009

Single Family Homes:

• There are 21 active single family homes for sale with an average list price of $358,557 ranging from $94,900 to $999,999
• There is one pending sale at this time and in the prior 30 days there has been four closed sales with an average closed price of $197,125 spending an average of 63 days on the market
• Year to date there has been six closed sales with an average closed price of #148,416 spending an average of 55 days on the market
  • Highest Sold – $237,500 – 110 days on the market
  • Lowest Sold $45,000 – zero days on the market

January 28, 2009

As of January 28, 2009 the Bidwell Single Family Market Report is as follows:

• 15 active single family homes for sale with an average list price of $386,093 ranging from $149,900 to $1,150,000
• There are two pending sale with an average price of 111,000 ranging from 170,500 to 230,000.
• There are no closed sales as of today for 2009 for the Bidwell area

Past Condo Market Reports

Year	# Closed	Average Closed Price	Average DOM	Highest Sold/DOM
2008	8	$160,612	12	$240,000/47
2007	10	$160,400	53	$335,000/134
2006	7	$192,200	24	$348,000/70
2005	17	$173,164	35	$370,000/150
2004	16	$168,906	62	$345,000/239
2003	13	$129,330	32	$211,000/137
2002	14	$104,928	54	$182,000/142
2001	14	$94,464	50	$175,000/199
2000	24	$109,101	90	$250,000/411

March 24, 2009

Condo/Townhomes in Bidwell Area:

• There are currently 10 active condos/townhomes in the Bidwell area of Buffalo NY with an average list price of $210,430 ranging from $132,900 to $329,000
• There are no pending sales at this time and there are 2 closed sales in the prior thirty days with an average sold price of $150,250 and spending an average of 42 days on the market
• Year to date there has been a total of 4 closed sales with an average closed price of $141,350 and spending an average of 35 days on the market
  • Highest sold – $179,000 – 51 days on the market
  • Lowest sold – $125,000 – 6 days on the market

January 28,2009

As of January 28, 2009 the Bidwell Condo/Townhomes Market Report is as follows:

• 10 active Cond/Townhomes for sale with an average list price of $208,110 ranging from $139,900 to $329,000
• There are zero pending sale.
• There are no closed sales as of today for 2009 for the Bidwell area

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 Rick Glogowski at (716) 743-5259  or Colleen Kulikowski at (716) 743-5297 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!   View additional WNY Market Area Statistics here.

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

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Tags: Buffalo NY, Erie County, market reports, single-family homes
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