Real Estate Market Report as of October 2008

Niagara County Single Family homes over $750,000

• Year to date there has been two closed sales
  • Highest sold for $995,000 and spent 101 days on the market
  • Lowest in this price point sold for $915,000 and spent 25 days on the market
  • The average sold price in this price point was $955,000 and the homes spent an average of 63 days on the market

Niagara County Single Family Homes for Sale $500,000 to $749,000

• In the past 30 days there has been one sale in this price range in Niagara County which sold for $600,000 and spent a total of 197 days on the market.  Which brings the YTD number up to two closed single-family homes in Niagara county with the other selling for $242,000 after zero days on the market.  Remember the range listed was $500,000 to $749,000; that was a significant drop in price)

Niagara County Single-family homes for sale $250,000 to $499,000

• Year to date there has been a total of 68 closed single-family homes sold with an average sold price of $293,641 and spending an average of 65 days on the market.
  • Highest sold for $480,000 after 309 days on the market
  • Lowest sold for $242,000 after zero days on the market

Niagara County single-family homes sold between $150,000 and $249,000

• Year to date there has been a total of 259 Niagara county homes sold in this price range with an average sold price of $180,313 and spending an average of 67 days on the market
  • Highest sold for $247,000 after 320 days on the market
  • Lowest sold for $130,000 after zero days on the market

Niagara county homes sold between $50,000 and $149,000

• Year to date there has been a total of 792 closed sales in this price range with an average sold price of $92,958 and spending an average of 99 days on the market
  • Highest sold for $149,900 and spent 214 days on the market
  • Lowest sold for $54,500 and spent 15 days on the market

Niagara County Homes Under $50,000

• Year to date there has been a total of 258 closed single-family homes in Niagara County under $50,000 with an average closed price of $26,688 and spending an average of 72 days on the market.
  • Highest sold in this range for $60,100 after 603 days on the market
  • Lowest sold in this range for $5,000 after zero days on the market.