Lewiston Real Estate Market Report July 2009
By Colleen Kulikowski | July 1st, 2009 | Category: Lewiston, WNY Market Report |Town of Lewiston & Village of Lewiston Combined Report
July 1, 2009
- There are currently 75 active single-family homes for sale in Lewiston with an average list price of $245,866 ranging in price from $94,500 to $799,000
- There are currently 6 pending/under contract sales and in the past thirty days there has been 7 closed sales with an average closed price of $158,318 spending an average of 52 days on the market
- Year to date there has been a total of 43 closed sales in Lewiston with an average closed price of $147,199 spending an average of 76 days on the market
- Highest sold - $330,000 - 370 days on the market
- Lowest sold - $59,890 - zero days on the market
Selection of Lewiston Homes for Sale
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Location! Location! Location!
Popular with tourists primarily in the summertime, Lewiston has a lot to offer with its many festivals, fine restaurants, Artpark, and fascinating history. Lewiston is situated on the Niagara River, just across the river from Canada, and is half way between the world famous Niagara Falls and historic Fort Niagara in Youngstown, New York.
Some people say the Town of Lewiston is becoming a new frontier for suburbanite hopefuls - a place poised for the kind of residential interest shown in Clarence and Wheatfield in the last two decades. Whether or not that’s a good thing is up for debate. It is difficult to compare the interest in residential developments, but there is something about Lewiston that has people talking.
- Birthplace of Niagara Falls
- Where escaping slaves made their last stop on the Underground Railroad
- Where the cocktail was invented by the power brokers of the Frontier
- Where early French Explorers traded with Local Indians
- Where Commerce was pioneered on the Great Lakes
Historic Look at Lewiston Single Family Home Sales
| Year | # Closed Sales | Average Closed Price | Average Days on the Market |
| 2008 | 129 | $167,881 | 62 |
| 2007 | 125 | $167,098 | 77 |
| 2006 | 142 | $153,264 | 73 |
| 2005 | 158 | $156,278 | 66 |
| 2004 | 156 | $153,844 | 77 |
| 2003 | 137 | $132,012 | 67 |
| 2002 | 139 | $140,044 | 91 |
| 2001 | 137 | $140,190 | 88 |
| 200 | 147 | $130,375 | 103 |
Past Market Reports
May 31, 2009
- There are currently 89 active single family homes for sale with an average list price of $233,675 ranging from $74,900 to $799,000
- There are 2 pending/under contract homes and in the past 30 days there has been 14 closed sales with an average closed price of $128,088 spending an average of 99 days on the market
- Year to date there has been a total of 36 closed sales with an average closed price of $145,037 spending an average of 81 days on the market
- Highest Sold - $330,000 - 370 days on the market
- Lowest sold - $59,890 - zero days on the market
April 25, 2009
- There are currently 80 active single-family homes for sale in Lewiston with an average list price of $228,025 ranging from $79,900 to $799,000
- There are currently 2 under contract/pending sales in Lewiston
- In the prior 30 days there have been 11 closed sales with an average closed price of $172,690 and spending an average of 72 days on the market
- Year to date there has been 21 closed sales with an average closed price of $156,052 and spending an average of 69 days on the market
- Highest sold - $330,000 - 189 days on the market
- Lowest sold - $75,500 - zero days on the market
March 19, 2009
- As of March 19, 2009 there are currently 71 active single-family homes for sale in Lewiston with an average list price of $232,569 ranging from $64,900 to $849,900
- There are 8 pending or under contract homes at this time
- In the prior thirty days there have been three closed sales with an average closed price of $132,700 spending an average of 43 days on the market
- Year to date in Lewiston there has been a total of 9 closed sales with an average closed price of $139,788 and spending an average of 57 days on the market
- Highest sold - $246,500 - 161 days on the market
- Lowest sold - $85,000 - 19 days on the market
February 9, 2009
- As of February 9, 2009 there are 79 active and two pending sales with an average list price of $225,975 ranging from $89,000 to $849,900
- In the past thirty days there has been a total of 4 closed sales with an average sold price $157,875 spending an average of 72 days on the market
- Year to date there has been a total of 5 closed sales with an average closed price of $148,000 and spending an average of 70 days on the market
- Highest Sold YTD - $246,500 - 161 days on the market
- Lowest Sold YTD - $85,000 - 19 days on the market
December 28, 2008
Current Market Conditions As of December 27, 2008
- 81 active single-family listings with an average list price of $217,184 ranging from $849,900 to $74,500
- 2 pending sales in Lewiston. With an average sale price $119,500 ranging from $130,500 to 108,500
- In the past thirty days there has been a total of zero closed sales in Lewiston
- Year to date there has been a total of 122 closed single-family home sales in Lewiston averaging $170,147 sold price and spending an average of 63 days on the market.
o Highest SOLD YTD - $995,000 - 240 days on the market.
o Lowest SOLD YTD - $37,000 - zero days on the market.
December 1, 2008
As of December 1, 2008 in Lewiston (Town & Village combined) the Market conditions are as follows:
- 86 active single family homes for sale with an average list price of $222,603 ranging from $74,500 to $849,900
- Village of Lewiston has 11 active listing with an average list price of $166,181 ranging from $109,900 to $299,000
- Town of Lewiston has 75 active listings with an average list price of $228,585 ranging from $74,500 to $849,900
- There are 5 pending/under contract homes for sale in the Lewiston market, one in the Village and the other four in the Town
- In the past 30 days there has been a total of 13 closed sales with an average sold price of $159,023 and spending an average of 81 days on the market.
- Year to date there has been a total of 123 closed single-family homes sold with an average sold price of $170,195 and spending an average of 61 days on the market
- Lowest Town Sold for $37,000 - zero days on the market
- Lowest Village sold for $55,000 - 2 days on the makret
- Highest Town Sold for $995,000 - 240 days on the market
- Highest Village sold for $240,000 - 224 days on the market
Lewiston Condo Market
- As of December 1, 2008 there are 6 active condos in the market in Lewiston with an average list price of $192,633 ranging from $64,900 to $243,000
- There are currently no pending and no sales in the past thirty days
- Year to date there has been a total of 6 closed sales with an average closed price of $144,000 and spending an average of 43 days on the market
- Highest Sold YTD - $234,000 - 102 days on the market
- Lowest Sold YTD - $51,000 - 2 days on the market
Lewiston Multi-family homes for Sale Market Report
- As of December 1, 2008 there are currently two active listings with an average list price of $162,500 ranging from $110,000 to $215,000
- No pending sales and only one closed sale in the past 30 days which sold for $112,000 and spent 223 days on the market
- Year to date there has been a total of 6 closed sales in this segment of the market with an average closed price of $151,150 and spending an average of 94 days on the market
- Highest Sold YTD - $240,000 - 223 days on the market
- Lowst sold YTD - $85,000 - 33 days on the market
Vacant Land & Farms Market Report
- There are 32 active listings with an average list price of $65,000 ranging from $14,000 to $300,000
- There are no pending and no closed sales in the past thirty days
- Year to date there has been a total of 15 closed sales with an average closed price of $$42,166 and spending an average of 132 days on the market
- Highest YTD Sold - $56,000 - 446 days on the market
- Lowest YTD sold - $13,000 - zero days on the market
September 2008
As of September 24, 2008 the single family home sales report is as follows:
- There are currently 87 active homes for sale ranging from $74,500 to $849,900 with an average list price of $210,919
- 6 homes are pending or under contract in Lewiston
- In the past thirty days there has 9 closed sales with an average sales price of $182,144 spending an average of 80 days on the market.
- Year to date there has been a total of 90 closed homes sales in Lewiston with an average closed price of $177,169 spending an average of 60 days on the market.
- Highest sold YTD Lewiston single family home sold for $995,000 -240 days on the market
- Lowest YTD Lewiston sold single-family home sold for $37,000 - 1 day on the market
August 2008
As of August 16, 2008 Real Estate Market Report for Lewiston:
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The current absorption rate of single family homes in Lewiston is 31.40 weeks
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There are currently 5 pending and 87 active homes for sale in Lewiston NY with an average list price of $217,626
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In the past 30 days there has been a total of 15 homes sold with an average of $165,130 and average of 55 days on the market
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Year to date there has been a total of 76 closed sales with an average closed sale price of $180,535 and spending an average of 60 days on the market
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Highest sold - $995,000 - 240 days on the market
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Lowest sold - $37,000 - 1 day on the market
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June 2008
May 2008
As of May 3, here is the market conditions for Lewiston:
- There are 84 homes for sale and 4 pending/under contract sales with an average list price of $211,164 with the highest list priced home in Lewiston is listed for $899,900 and the lowest is listed for $80,000.
- In the 30 day period April 1-May 1, 2008 there were 13 closed sales with an average sold price of $170,746 spending an average of 71 days on the market (DOM). Highest sold home in Lewiston in this time period sold for $267,500 (224 DOM) and lowest $103,800 (3 DOM)
- Year to date there has been 31 homes sold in Lewiston with the average home sold for $172,374 and spending an average of 60 days on the market. Highest sold home in Lewiston in 2008 has sold for $438,000 (224 DOM) and lowest sold for $37,000 (2 DOM)
April 2008
As of April 7, 2008 the real estate market in Lewiston NY is picking up pace. In the past 30 days 10 single-family homes have closed, which in the same time period the prior 30 days only 6 had closed. This brings to grand total of closed sales in Lewiston NY to 21.
Real Estate Sales and Listings for Single-family home Sales in Lewiston are:
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Currently there are 83 active single family homes for sale in Lewiston NY and one pending sale. The average list price is $203, 110 (Highest List: $1,195,000 Lowest List: $68,000)
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In the past 30 days there have been 10 homes that have closed in Lewiston averaging $192,40 and 50 days on the market (DOM). Highest sold home in the past 30 days in Lewiston sold for $280,000 (140 DOM) and the lowest sold home sold for $127,000 (3 DOM).
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Year to date (YDT) there has been a total of 21 homes sold in Lewiston NY averaging $176,448 and 50 days on the market. Highest sold home in Lewiston YTD sold for $438,000 (140 DOM) and the lowest home sold in 2008 sold for $37,000 (2 DOM).
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There were 125 homes that sold in 2007 with an average sales price of $167,098 and these homes spent an average of 77 days on the market. The highest sold in 2007 home in Lewiston was sold for $672,000, which was on the market a total of 545 days, the lowest priced home sold in Lewiston was sold for $31,000 and spent 0 days on the market.
Lewiston Tax Information
1374 Ridge Road | Lewiston NY 14092
Gene Virtuoso (716) 754-8213
Thinking of selling your Lewiston home? Interested in finding out the current market value of your Lewiston single family home? Then call 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 fill out our free CMA request form below. View additional WNY Market Area Statistics here.
All Statistics are gathered from the Buffalo Niagara Association of REALTORS®.
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