In all of 2008 there were 25 closed sales in the DeVeaux section of Niagara Falls with an average closed price of $88,947 and spending an average of 81 days on the market. Year to date we have had 28 closed sales which is 3 more than the entirety of last year, but the average sold price is also down by a significant amount.
Well it means that the sellers have gotten realistic in their asking price and buyers are snapping up the homes quickly when they come on the market priced correctly. There are many examples of over-priced homes on the market in DeVeaux, some have made significant price reductions recently (and in some cases not enough of a decrease) and others have taken their homes off the market.
Current Market Conditions
November 5, 2009
- There are 23 active single family listings in DeVeaux with an average list price of $101,313 ranging from $28,000 to $184,900
- There are 13 pending sales and 1 closed in the past 30 days with a closed price of $25,587 spending 17 days on the market
- Year to date there has been a total of 28 closed sales with an average closed price of $69,631 spending an average of 66 days on the market
- Highest sold $190,000 – 329 days on the market
- Lowest sold – $15,000 – 2 days on the market
Select DeVeaux Homes for sale
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