Buffalo Real Estate | DeVeaux Single Family Market Report March 2008 | Keller Williams Realty

DeVeaux Single Family Homes For Sale Market Report March 13, 2008

Written by Colleen Kulikowski on 13 March 2008

Let’s start by looking at last year’s number for January 1 – March 31, 2007:

# Closed Sales in DeVeaux Section of Niagara Falls: 15
Average Days on Market for Sold: 85
DeVeaux Average Sold Price: $ 83,235.00
DeVeaux Highest Sold Price: $ 190,000.00
DeVeaux Lowest Sold Price: $ 29,999.00

Let’s look at the total of 2007 Homes for Sale in DeVeaux:

Closed Sales: 49 with an Average Days on Market: 83
DeVeaux Average Home Sold Price was $ 80,909.00
Highest Sold Price: $ 190,000.00 and the Lowest Sold Price: $ 20,000.00

Now let’s look at what is happening in DeVeaux Section of Niagara Falls today March 13, 2008:

# of Closed Sales in DeVeaux since January 1, 2008: 0
# of currently pending sales in DeVeaux: 0
# of Active DeVeaux Listings: 20 (increase of 2 from prior month)
Highest list price home is $249,900, the lowest is $47,000 and the average list price is $98,460

DeVeaux is in a Buyer’s Market

What does this mean? That the market is clearly in a Buyer’s Market at this time in the DeVeaux Section of Niagara Falls. Buyers are finding homes in other areas of Niagara county more desirable. If you have your home on the market and you don’t have to sell, you should really take your home off the market at this time. If you are currently on the market, you need to take a long hard look at your listing price. Clearly the price you have at this time is not working for you. Spring has sprung and more homes are going to be coming on the market in the coming weeks. Remember you need to be the best priced home in the best condition in this market. Buyers are looking for a bargain, and they are ready to pounce, only if the property is priced right.

I just want my Western New York Home SOLD!

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What should I do to get ready to sell my Niagara Falls home?

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Zillow Zestimates – Good or Bad?

Thinking of selling your DeVeaux home? Interested in finding out the current market value of your DeVeaux single family home? Then call Colleen Kulikowski at (716)Â 743-5297 to discuss what is happening in today’s Western New York Real Estate Market. View additional WNY Market Area Statistics here.

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

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Tags: Home Sales, market reports, Niagara County, single-family homes, WNY
Posted in Area Real Estate Market Reports, Niagara Falls Homes | 4 Comments »