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Lewiston Single Family Market Report | March 4, 2008

Lewiston NY is just north of Niagara Falls and on your way to the historic sites of Old Fort Niagara in Youngstown.  

 

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Real Estate Facts for Single-family home Sales in Lewiston are:

  • 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.   

  • To keep with last year’s SOLD pace, there will have to be an average of 10.42 homes sold per month.  In the same time period in 2007, there were a total of 21 homes sold, spending an average of 80 days on the Market with an average sold price of $165,059.

  • In 2008 there has been a total of 11 homes sold in in Lewiston with an average sold price of $161,900, spending an average of 48 days on the market.  The highest sold home in Lewistin in 2008 so far was sold for $438,000 and spent a total of 132 days on the market.  The lowest priced sold listing in Lewiston sold for $37,000 and was on the market for a total of two days.

  • In the past 30 days (February 4 – March 4, 2008) there has been a total of 6 homes sold with an average sold price of $175,417 and an average of 49 days on the market

  • There are currently 76 Active homes on the market in Lewiston with an average list price of $191,214 ranging in price from $81,900 to $529,900.  There are currently two pending listings in Lewiston.

What does all those numbers mean?  If you don’t have to sell, at this point in time you will want to not test the market at this time.  The of Lewiston homes is 13 months to go through the current inventory, based on current sales.   If you need to sell your home in Lewiston, it is very important that you pay attention to pricing of your home and the condition and presentation. 

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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. View additional WNY Market Area Statistics here.

 

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

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The Best Buffalo Homes Team
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