Since the last post here is the latest stats for Million Dollar homes for the Buffalo Niagara Region:

• Average list price of this range of homes over a million dollars is $1,491,350 and there are 13 luxury homes for sale.
• Highest List: $2,995,000
• Lowest List: $1,079,000

Western New York has a wide variety of housing choices for home buyers. One segment of the Real Estate Market in Western New York is the luxury homes over a Million dollars. Million Dollar home sold historic information for the Buffalo Niagara region is as follows:

• Year to date there has been 1 million dollar or greater home sale which was listed for $1,200,000 and closed for $950,000 after spending a total of 727 days on the market.
• In 2007 there were 7 closed million dollar homes sold with an average of $1,132,540 after 134 days on the market.
• In 2006 there were no homes sold over a million dollar.
• In 2005 there were 3 closed sales for an average $1,441,633 and spending an average of 401 days on the market
• In 2004 there were a total of 2 homes sold in the Million dollar or greater range selling for an average of $1,100,000 and spending an average of 58 days on the market.
• There were no sales in this category in 2003.

Interested in finding out the current market value of your Western New York luxury 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 or fill out our request form below.

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

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