Single-family Homes Market Report – July 2010

Current Real Estate Market Conditions in Niagara Falls

July 5, 2010

• There are 231 active listings in Niagara Falls with an average list price of $64,317 ranging from $6,900 to $359,000
• There are 71 pending sales and in the past 30 days there has been 37 closed sales with an average closed price of $66,626 spending an average of 93 days on the market
• YTD there has been 172 closed sales with an average sold price of $62,390 spending an average of 82 days on the market
  • Highest closed – $226,000 – 518 days on the market
  • Lowest closed – $6,050 – zero days on the market

Looking at the same YTD numbers for the past couple of years:

• 2009 – 152 closed – $50,985 average – 75 average days on the market
• 2008 – 151 closed – $54,345 average – 75 average days on the market
• 2007 – 213 closed – $51,602 average – 75 average days on the market
• 2006 – 175 closed – $54,126 average – 83 average days on the market

Thinking of selling your Niagara Falls 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.