Real Estate Market Reports here are usually by specific communities. At times I like to look at some cross segments of the market. One such popular is all homes in a price range. These homes are at the high end of the Western New York Real Estate Market - the Luxury Home Sales. Real Estate in this range in Western New York currently there are:

• 40 Single-family homes for sale in all of Western New York ranging from $999,999 to $769,900 and the average of this range is $874,402.
• In the past 30 days there has been one sale for $615,000 and that home spent a total of 130 days on the market
• Year to date there has been a total of 7 Luxury homes sold in Western New York
• 2007 - 17 single-family luxury homes Average Sold price - $806,171 (58 DOM)
• 2006 - 16 single-family luxury homes Average Sold price - $842,481 (90 DOM)
• 2005 - 19 luxury single-family homes Average Sold price - $876,874 (109 DOM)
• 2004 - 13 single-family luxury homes Average Sold price - $873,969 (68 DOM)
• 2003 - 11 luxury single family homes Average Sold price - $830,618 (33 DOM)
• 2002 - 6 single-family luxury homes Average Sold price - $900,467 (137 DOM)
• 2001 - 6 single-family luxury homes Average Sold price - $846,150 (89 DOM)
• 2000 - 2 luxury single-family homes Average Sold price - $780,000 (33 DOM)

Interested in finding out the current market value of your Western New York luxury home? Then call Colleen Kulikowski at (716) 743-5297 to discuss what is happening in today’s Western New York Real Estate Market or fill out our request form below.

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

 

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