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Town of Niagara Real Estate Market Report – August 2010

Current Market Conditions

August 9, 2010

  • There are 37 active listings with an average list price of $113,084 ranging from $16,500 to $300,000
  • There are 13 pending/under contract sales and in the past 30 days there has been 3 closed sales with an average sold $129,320 spending an average of 20 days on the market
  • YTD there has been 16 closed sales with an average sold price of $118,979 spending an average of 50 days on the market
    • Highest closed – $174,000 – 295 days on the market
    • Lowest closed – $46,500 – 2 days on the market

Selection of Town of Niagara Homes for Sale

Property B368773

Property B367752
Property B368300

Property B368119
Property B367547

Property B367810
Property B368803

Historical Stats for the Town of Niagara

Year
# Closed
Sales
Average Closed
Sales Price
Average
Days on the
Market
2009 36 $101,878 67
2008 55 $82,334 68
2007 39 $87,355 78
2006 46 $86,046 47
2005 45 $92,059 45

Past Market Reports

June 20, 2010

  • There are 30 active listings with an average list price of $121,403 ranging from $19,900 to $300,000
  • There are 15 pending/under contract sales and in the past 30 days there has been 5 closed ales with an average closed price of $108,548 spending an average of 98 days on the market
  • YTD there has been 9 closed sales with an average closed price of $119,382 spending an average of 64 days on the market
    • Highest closed – $170,000 – 295 days on the market
    • Lowest closed – $80,000 – 4 days on the market
  • YTD 2009 there were 7 closed sales and the average closed price was $110,121 and they spent an average of 112 days on the market.   Around the same time July 2nd there were 34 active and 2 pending/under contract sales.

May 18, 2010

  • There are 32 active single family homes for sale with an average list price of $121,446 ranging from $19,900 to $300,000
  • There are 17 pending/under contract sales and in the past 30 days there has been 1 closed sale for $170,000 after spending 11 days on the market
  • YTD there has been 3 closed sales with an average closed price of $150,566 spending an average of 9 days on the market
    • Highest closed – $170,000 – 12 days on the market
    • Lowest closed – $129,700 – 4 days on the market

April 15, 2010

  • There are 33 active listings with an average list price of $122,425 ranging from $15,000 to $300,000
  • There are 10 pending/under contract sales and in the past 30 days there has been 1 closed sale for $152,000 after spending 12 days on the market
  • YTD there has been 2 closed sales with an average closed price of $140,850 after spending an average of 80 days on the market
    • Highest closed $152,000 – 12 days on the market
    • Lowest closed – $129,700 – 1 day on the market

March 1, 2010

  • There are 23 active listings with an average list price of $163,286 ranging from $15,000 to $999,000
  • There is one pending/under contract sales and in the past thirty days there has been no closed sales
  • Year to date there has been one closed sales for $129,700 spending 4 days on the market

January 20, 2010

  • 23 Active listings with Average List price of $127,852 ranging from $15,000 to $300,000
  • No Pending/Under Contract Sales at this time and no closed sales in the past 30 days.
  • In 2009 there were a total of 36 closed sales with an average closed price of $101,878 spending an average of 67 days on the market
    • Highest closed – $174,000 – 326 days on the market
    • Lowest closed – $7,000 – zero days on the market

November 9, 2009

  • There are 20 active single family homes in Niagara with an average list price of $113,645 ranging from $8,900 to $299,000
  • There are 6 pending/under contract sales and 7 closed sales in the past 30 days with an average closed price of $108,757 spending an average of 50 days on the market.
  • Year to date there has been 31 closed sales with an average closed price of $102,861 spending an average of 70 days on the market
    • Highest closed – $174,000 – 326 days on the market
    • Lowest closed – $7,000 0 zero days on the market

August 3, 2009

  • There are currently 30 active single family homes available in the Town of Niagara with an average asking price of $104,839 ranging from $9,900 to $299,000
  • There are 5 pending and no closed sales in the past 30 days
  • Year to date there has been a total of 17 closed sales with an average closed price of $107,260 spending an average of 78 days on the market
    • Highest sold – $165,800 – 242 days on the market
    • Lowest sold – $28,000 – 2 days on the market

July 2, 2009

  • There are currently 34 active single family homes in the Town of Niagara with an average list price of $104,014 ranging from $12,999 to $229,000
  • There are 2 pending sales and in the past 30 days there has been four closed sales in the Town of Niagara with an average closed price of $90,750 spending an average of 49 days on the market
  • Year to date there has been a total of 11 closed sales with an average closed sale of $106,786 and spending an average of 107 days on the market
  • Highest sold – $165,800 – 242 days on the market
  • Lowest sold – $37,500 – 2 days on the market

May 7, 2009

  • In the Town of Niagara there are currently 25 active single family homes for sale with an average list price of $106,896 ranging from $10,000 to $179,900
  • There is currently 1 pending/under contract home, and no closed sales in the past 30 days
  • Year to date there has been 5 closed sales with an average closed price of $107,730 spending an average of 144 days on the market
    • Highest sold – $165,800 – 222 days on the market
    • Lowest sold – $37,500 – 45 days on the market

As of March 8, 2009

  • There are currently 19 active single-family homes in the Town of Niagara with an average list price of $119,569 ranging from $34,900 to $264,888
  • There is one pending/under contract home for sale
  • In the past 30 days there was one closed sale that sold for $143,000 after spending 22 days on the market
  • Year to date there has been a total of 4 closed sales in the Town of Niagara with an average closed price of $111,962 and spent an average of 79 days on the market
    • Highest Sold – $149,350 – 146 days on the market
    • Lowest Sold – $37,500 – 22 days on the market

January 15, 2009

  • As of January 15, 2009 there are no pending and 16 active single family homes for sale in the Town of Niagara with an average list price of $129,319 and ranging from $49,900 to $264,888
  • In the past thirty days there has been 6 closed sales with an average closed price of $75,141 and spending an average of 94 days on the market
  • Year to date there were 55 closed sales with an average closed price of $82,334 and spent an average of 68 days on the market
    • Highest sold – $221,500 – 300 days on the market
    • Lowest sold – $10,855 – 1 day on the market

November 12, 2009

  • 33 active homes for sale in the Town of Niagara with an average list price of $107,309 and ranging from $15,000 to $190,000
  • There are no pending sales at this time and in the past thirty days there has been a total of three closed sales with an average closed price of $80,500 and spending an average of 76 days on the market
  • YTD there has been a total of 47 closed sales with an average closed price of $86,713 and spending an average of 75 days on the market
    • Highest Sold – $221,500 – 300 days on the market
    • Lowest Sold – $10,855 – 1 day on the market

June 7, 2008

As of June 7, 2008 here are the market conditions for the Town of Niagara:

  • There are currently 28 single-family homes for sale in the Town of Niagara with an average list price of $107,046. Highest single-family home for sale is listed for $200,000 and the lowest is listed for $18,000 in the Town of Niagara.
  • There is currently one pending sale in the Town of Niagara at this time.
  • In the past 30 days there has been a total of 5 closed single-family homes sold. Average sold price of these homes was $65,120 after spending an average of 34 days on the market. Highest sold in the past thirty days in the Town of Niagara sold for $102,000 after 58 days on the market and the lowest sold for $33,500 after 4 days on the Market.
  • Year to date there has been a total of 22 single family homes sold in in the Town of Niagara with an average sold price of $91,836 which spent an average of 70 days on the market. Highest sold for $215,000 after 276 days on the market and the lowest sold Town of Niagara single-family home sold for $10,855 after 4 days on the market.

Past Town of Niagara Market Reports:

Thinking of selling your Town of Niagara 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.

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

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Colleen Kulikowski

Licensed Real Estate Salesperson
Managing Partner
The Best Buffalo Homes Team
(716) 650-0051

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