Archive for August, 2008

June Real Estate Results for WNY Western New York

Posted in Buffalo, NY, Real Estate, spam with tags , , , , , on August 6, 2008 by Colleen August

And they are in….

Actual Real Estate results for Western New York, including  homes and condos sold by members of the BNAR, Buffalo Niagara Association of Realtors through the MLS system for the following counties: Erie, Niagara, Cattaragus, Genesee, Chatauqua, Allegany, Orleans and Wyoming – with a small number in Livingston, and Monroe.

Homes Sold is June remained steady compared to 2006 (1146), 2007 (1146) and 2008 (1152)

Average price for June home sales looks very promising in what the nation is calling a depressing market.  The average sale price of a home in this area in June of 2008 was $114,000, up from the past few years, in June of 2007 the average price was $107,500 and in June of 2006, take a look at this, the average price was $109,00.

What does this say for our particular market? It says, we are doing quite well and holding steady with our home prices and value.

If you live in Western New York, it is a reasonable time to buy a home for a reasonable price, I say this not as a Realtor, but as an informed professional.  We are holding solid in regard to value in the housing market. Actual numbers can’t lie, only people can, you can’t argue with facts.

Thankfully, we live in an area that is rich in culture, diversity and steady values.