Lancaster New York Real Estate Market Report – August 2010
Current Real Estate Market Report for Lancaster NY
August 22, 2010
- There are 175 active listings with an average listing price of $212,994 ranging from $39,000 to $439,000
- There are 68 pending/under contract sales and in the past 30 days there has been 11 closed sales with an average sold price of $220,086 spending an average of 51 days on the market
- YTD closed 186 sales in Lancaster with an average sold price of $172,724 spending an average of 51 days on the market
- Highest closed – $399,900 – 353 days on the market
- Lowest closed – $28,500 – zero days on the market
- 50.54% sold YTD sold in under 30 days
Here are a few samples of homes for sale in Lancaster NY
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Past Market Reports
July 11, 2010
- 177 active listings with an average list price of $210,048 ranging from $44,900 to $419,900
- 71 pending/under contract sales and in the past thirty days there has been 45 closed sales with an average of $154,104 spending an average of 82 days on the market
- YTD there has 139 sold with an average sold price of $164,673 spending an average of 53 days on the market
- Highest closed – $399,900 – 353 days on the market
- Lowest closed – $28,500 – zero days on the market
May 24, 2010
- There are 174 active listings with an average list price of $217,715 ranging from $44,900 to $429,900
- There are 102 pending/under contract sales and in the past 30 days there has been 12 closed sales with an average closed price of $163,607 spending an average of 72 days on the market
- Year to date there has been 67 closed sales with with an average closed price of $172,847 spending an average of 59 days on the market
- Highest closed – $399,900 – 353 days on the market
- Lowest closed – $48,067 – zero days on the market
April 16, 2010
- There are 181 active listings with an average list price of $205,234 ranging from $37,800 to $429,900
- There are 72 pending/under contract sales and in the past thirty days there has been 18 closed sales with an average closed price of $186,550 spending an average of 58 days on the market
- YTD there has been 37 closed sales with an average closed price of $175,220 spending an average of 51 days on the market
- Highest closed – $399,900 – 353 days on the market
- Lowest closed – $48,067 - zero days on the market
March 10, 2010
- There are 162 active listings with an average list price of $213,641 ranging from $42,000 to $409,900
- There were 11 under contract/pending sales and in the past 30 days there has been 6 closed sales with an average closed price of $121,783 spending an average of 40 days on the market
- Year to date there has been 14 closed sales with an average closed price of $141,976 spending an average of 40 days on the market
- Highest closed – $262,000 – 90 days on the market
- Lowest closed – $48,067 – zero days on the market
February 10, 2010
- There are 154 active listings with an average list price of $217,821 ranging from $59,900 to $499,900
- There are 7 pending/under contract sales and in the past 30 days there has been 4 closed sales with an average closed price of $111,516 spending an average of 26 days on the market
- Year to date there has been a total of 6 closed sales with an average closed price of $129,661 spending an average of 37 days on the market
- Highest sold – $189,000 – 78 days on the market
- Lowest sold – $48,067 – 6 days on the market
January 17, 2010
- There are 137 active listings in Lancaster with an average list price of $226,346 ranging from $59,900 to $499,900
- There are 7 pending/under contract sales and in the past 30 days there were 7 closed sales with an average closed price of $237,252 spending an average of 20 days on the market
- In 2009 there were a total of 298 closed sales with an average closed price of $167,532 spending an average of 60 days on the market
- Highest closed sale in 2009 – $367,000 – 360 days on the market
- Lowest closed sale in 2009 – $21,100 – zero days on the market
November 17, 2009
- There are 132 active single family homes for sale with an average list price of $224,905 ranging from 49,500 to $402,900
- There are 62 pending/under contract sales and in the past 30 days there were 13 closed sales with an average closed price of $149,130 spending an average of 41 days on the market
- Year to date there has been a total of 245 closed sales with an average closed price of $166,785 spending an average of 63 days on the market
- Highest sold – $349,900 – 360 days on the market
- Lowest sold – $21,100 – zero days on the market
| Date | # Active Listings | High List | Low List | Average List | # Pending | # Closed Past 30 days | Average Closed Price | DOM Closed past 30 days |
| 9/23/2009 | 129 | $399,900 | $45,000 | $220,054 | 66 | 23 | $156,721 | 46 |
| 7/18/2009 | 142 | $399,900 | $44,900 | $216,166 | 16 | 33 | $246,250 | 37 |
| 6/7/2009 | 133 | $419,000 | $48,460 | $218,839 | 15 | 32 | $145,312 | 72 |
| 5/2/2009 | 134 | $425,000 | $79,900 | $219,248 | 13 | 27 | $154,887 | 66 |
| 4/9/2009 | 148 | $445,000 | $36,000 | $211,775 | 13 | 24 | $196,004 | 83 |
| 3/8/2009 | 126 | $445,000 | $49,900 | $210,317 | 0 | 16 | $166,089 | 69 |
| 1/15/2009 | 142 | $445,000 | $25,000 | $210,140 | 8 | 13 | $186,691 | 23 |
| 9/3/2008 | 166 | $389,900 | $60,000 | $222,322 | 29 | $156,378 | 38 |
| Date | # Closed YTD | Average Closed YTD | Average DOM YTD | Highest Sold YTD | DOM Highest Sold | Lowest Sold YTD | DOM
Lowest Sold |
Absorption Rate |
| 9/23/2009 | 207 | $165,772 | 63 | $349,900 | 353 | $21,100 | 0 | 36.74 |
| 7/18/2009 | 142 | $162,976 | 70 | $349,900 | 260 | $21,100 | 0 | 20.75 |
| 6/7/2009 | 101 | $162,390 | 76 | $349,900 | 260 | $21,100 | 0 | 20.04 |
| 5/2/2009 | 66 | $167,157 | 76 | $342,000 | 249 | $21,100 | 0 | 23.59 |
| 4/9/2009 | 46 | $176,731 | 80 | $342,000 | 249 | $21,100 | 0 | 29.07 |
| 3/8/2009 | 23 | $158,066 | 78 | $275,000 | 249 | $21,100 | 0 | 34.13 |
| 1/15/2009 | 0 | $0 | 0 | $0 | 0 | $0 | 0 | 50.00 |
| 9/3/2008 | 176 | $172,019 | 53 | $365,000 | 219 | $49,000 | 0 | 24.80 |
Related Lancaster Real Estate Market Reports:
- Village of Lancaster NY Market Report April 2008
- Town of Lancaster Single-family Market Report – April 2008
- Town of Lancaster NY Single Family Home Market Report Feburary 2008
Interested in finding out the current market value of your Lancaster home? Call or visit our CMA Request page to request your free no obligation Market Analysis of your Lancaster home.
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. © 2010 Western New York Real Estate Information Services (WNYREIS), LLC. All rights reserved.
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