Tonawanda New York Real Estate Market Report
Current Market Conditions
August 19, 2010
- There are 313 active listing with an average list price of $122,927 ranging from $24,999 to $850,000
- There are 127 pending/under contract sales in the past 30 days there has been a total of 33 closed sales with an average sold price of $113,362 spending an average of 40 days on the market
- YTD there were 536 closed sales with an average sold price of $110,350 spending an average of 46 days on the market
- Highest closed – $337,500 – 269 days on the market
- Lowest closed – $3,000 – zero days on the market
The Absorption Rate over time has been:
| Active | Pending | Total Active /Pending | Sold past 30 days | weeks | Tonawanda History | |
| 258 | 145 | 29 | 7/13/2010 | |||
| 241 | 234 | 52 | 6/7/2010 | |||
| 271 | 251 | 55 | 5/1/2010 | |||
| 239 | 41 | 44 | 3/29/2010 | |||
| 223 | 24 | 247 | 29 | 36.90 | 2/22/10 | |
| 232 | 17 | 249 | 23 | 46.91 | 1/20/10 | |
| 243 | 15 | 258 | 60 | 18.63 | 12/7/09 | |
| 245 | 202 | 447 | 52 | 37.25 | 11/6/09 | |
| 216 | 187 | 403 | 55 | 31.75 | 9/11/09 | |
| 231 | 43 | 274 | 108 | 10.99 | 7/9/09 | |
| 237 | 38 | 275 | 90 | 13.24 | 6/7/09 | |
| 237 | 31 | 268 | 79 | 14.70 | 4/26/09 | |
| 245 | 36 | 281 | 42 | 28.99 | 3/25/09 |
What does this mean for Tonawanda Real Estate Market? Well homes are on the average taking a little longer to sell, but they are averaging higher prices than prior years and there are less sales than prior years at this time. So it is the well priced homes that are selling. Ones that come onto the market with unrealistic selling price are staying on the market for longer than they should, but with correct pricing they are selling quickly.
Selection of Tonawanda Homes For Sale
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Past Market Reports
July 11, 2010
- There are 258 active listings in Tonawanda with an average list price of $125,571 ranging from $24,999 to $750,000
- There are 145 pending/under contract sales and in the past 30 days there has been 91 closed sales with an average sold price of $116,348 spending an average of 29 days on the market
- YTD there has been 447 closed sales with an average sold price of $109,203 spending an average of 47 days on the market
- Highest closed sale – $303,500 – 269 days on the market
- Lowest closed sale – $3,000 – zero days on the market
June 7, 2010
- There are 241 active single family listings in Tonawanda with an average listing price o $126,105 ranging from $24,999 to $800,000
- There are 234 pending/under contract sales and in the past 30 days there has been 52 closed sales with an average closed price of $108,264 spending an average of 48 days on the market
- YTD there has been 307 closed sales with an average closed price of $106,919 spending an average of 56 days on the market
- Highest closed – $303,500 – 269 days on the market
- Lowest closed – $3,000 – zero days on the market
May 1, 2010
- There are 271 active single-family homes for sale in Tonanwada NY with an average list price of $127,989 ranging from $24,999 to $800,000
- There are 251 pending/under contract sales and in the past 30 days there has been a total of 55 closed sales with an average closed price of $144,041 spending an average of 55 days on the market
- YTD there has been a total of 203 closed sales with an average closed price of $104,878 spending an average of 58 days on the market
- Highest closed – $303,500 – 269 days on the market
- Lowest closed – $3,000 – zero days on the market
March 29, 2010
- There is 239 active single family homes with an average list price of $129,777 ranging from $54,900 to $799,000
- There are 41 pending/under contract sales and in the past 30 days there were 44 closed sales with an average closed price of $97,351 spending an average of 52 days on the market
- YTD there has been 123 closed sales with an average closed price of $101,595 spending an average of 57 days on the market
- Highest closed – $250,000 – 203 days on the market
- Lowest closed – $3,000 – zero days on the market
February 22, 2010
- There are 223 active listings in Tonawanda with an average list price of $118,297 ranging from $24,999 to $850,000
- There are 24 pending/under contract sales and in the past 30 days there were 29 closed sales with an average closed price of $100,859 spending an average of 68 days on the market
- YTD there has been a total of 59 closed sales with an average closed price of $103,534 spending an average of 62 days on the market
- Highest closed – $190,000 -187 days on the market
- Lowest closed – $3,000 – 2 days on the market
January 20, 2010
- There are 232 active single family homes for sale with an average list price of $117,718 ranging from $24,999 to $850,000
- There are 17 pending/under contract sale and in the past 30 days there were 23 closed sales with an average closed price of $94,679 spending an average of 55 days on the market
- In 2009 there were 949 closed sales in Tonawanda with an average closed price of $104,660 spending an average of 46 days on the market
- Highest closed sale – $490,00 – 459 days on the market
- Lowest closed sale – $12,000 – zero days on the market
December 7, 2009
- There are 243 active single family homes for sale with an average list price of $117,839 ranging from $23,000 to $850,000
- There are 15 pending/under contract sales and in the past 30 days there has been a total of 60 closed sales with an average closed price of $106,614 spending an average of 37 days on the market
- Year to date there has been 854 closed sales with an average closed price $104,875 spending an average of 47 days on the market
- Highest closed – $490,000 – 459 days on the market
- Lowest closed – $12,000 – zero days on the market
September 20, 2009
- Year to date in 2008 sales totaled 539 closed sales with an average closed price of $103,139 and spent an average of 47 days on the market in Tonawanda
- The Absorption Rate of home in Tonawanda currently is 31 weeks, in July the rate was 11 weeks. In a relatively short period of time it has moved from a Buyers to a Sellers market in Tonawanda.
- There are 216 active single family homes for sale with an average list price of $124,576 ranging from $24,999 to $950,000
- There are 187 pending/under contract sales and in the past 30 days there has been a total of 55 closed sales with an average closed price of $$112,947 spending an average of 35 days on the market
- Year to date there has been a total of 517 closed sales with an average closed price of $104,063 spending an average of 51 days on the market
- Highest sold – $490,000 – 459 days on the market
- Lowest sold – $12,000 – zero days on the market
July 9, 2009
- Before I go into the current Market conditions, I want to share the same time period closed sales January 1- July 9 for 2008, 2007 and 2006
- 2008 – There were 419 closed sales with an average closed price of $99,900 averaging 52 days on the market
- 2007 – There were 423 closed sales with an average closed price of $96,812 spending an average of 53 days on the market
- 2006 – There were 439 closed sales with an average closed price of $90,100 spending an average of 34 days on the market
- Currently there are 231 active single family homes for sale in Tonawanda with an average list price of $123,656 ranging from $24,999 to $950,000
- There are 43 pending/under contract sales and in the past thirty days there has been 108 closed sales with an average closed price of $130,292 spending an average of 75 days on the market
- Year to date 2009 there has been a total of 411 closed sales with an average closed price of $99,912 spending an average of 59 days on the market
- Highest sold – $490,000 – 459 days on the market
- Lowest sold – $12,000 – zero days on the market
June 7, 2009
- There are currently 237 active single family homes for sale in Tonawanda NY with an average list price of $122,503 ranging from $24,999 to $950,000
- There are 38 pending/under contract sales and in the past thirty days there has been 90 closed sales with an average closed price of $101,723 spending an average of 57 days
- Year to date there has been a total of 303 closed sales with an average closed price of $96,123 spending an average of 66 days on the market
- Highest sold – $490,000 – 459 days on the market
- Lowest sold – $8,500 – zero days on the market
April 26, 2009
City and Town of Tonawanda Combined Market Report for Home sales as of April 26, 2009:
- There are 237 Active listings in Tonawanda with an average list price of $121,958 ranging from $28,999 to $999,999
- There are 31 pending/under contract homes in Tonawanda
- In the past thirty days there are 79 closed homes with an average closed price of $95,528 and spending an average of 57 days on the market
- Year to date there are 178 closed homes in Tonawanda with an average closed price of $94,753 spending an average of 67 days on the market
- Highest sold – $490,000 – 293 days on the market
- Lowest sold – $12,000 – zero days on the market
March 25, 2009 – City & Town of Tonawanda Combined
- There are 245 active single-family homes for sale with an average list price of $119,910 ranging from $24,999 to $999,999.
- There are currently 36 pending or under contract homes for sale
- In the past 30 days there has been a total of 42 closed sales with an average closed price of $88,983 averaging 71 days on the market
- Year to date there has been a total of 89 closed sales with an average closed price of $93,918 and spending an average of 73 days on the market
- Highest Sold – $490,000 – 293 days on the market
- Lowest Sold – $12,000 – 1 day on the mark
City of Tonawanda – January 26, 2009
- 48 active single family homes for sale in the City of Tonawanda with an average list price of $113,099 ranging from $32,900 to $999,999
- There are three pending/under contract sales
- In the prior thirty days there were 11 closed sales of homes in Tonawanda with an average closed price of $65,272 and spending an average of 72 days on the market
- In 2008 there were a total of 138 closed sales with an average closed price of $78,844 and spending an average of 54 days on the market.
- Highest sold – $145,000 – 264 days on the market
- Lowest sold – $13,000 – zero days on the market
Town of Tonawanda – December 27, 2008
- 162 active single-family listings with an average list price of $114,861 ranging from $364,900 to 24,999.
- 13 pending sales in Tonawanda. With an average sale price $83,294 ranging from $164,000 to 41,500.
- In the past thirty days there has been a total of zero closed sales in Tonawanda.
- Year to date there has been a total of 522 closed single-family home sales in Tonawanda averaging $110,935 sold price and spending an average of 44 days on the market.
- Highest SOLD YTD – $370,000 – 308 days on the market.
- Lowest SOLD YTD – $35,500 – zero days on the market.
City of Tonawanda – December 27, 2008
- 48 active single-family listings with an average list price of $115,358 ranging from $999,999 to 15,900.
- 11 pending sales in City of Tonawanda. With an average sale price $75,545. ranging from $102,500 to $46,000
- In the past thirty days there has been a total of 1 closed sales in City of Tonawanda with an average closed price of $104,900 spending an average of 57 days on the market
- Year to date there has been a total of 127 closed single-family home sales in City of Tonawanda averaging $79,615 sold price and spending an average of 284 days on the market.
- Highest SOLD YTD – $145,00 – 284 days on the market.
- Lowest SOLD YTD – $12,000 – zero days on the market.
Thinking of selling your Tonawanda home? Interested in finding out the current market value of your single family home, condo or investment property? Then call Colleen Kulikowski at (716) 650-0051 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 the form below. View additional WNY Market Area Statistics here.
All Statistics are gathered from the Buffalo Niagara Association of REALTORS®.
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