Lewiston NY Real Estate Market Report

Location! Location! Location!

Popular with tourists primarily in the summertime, Lewiston has a lot to offer with its many festivals, fine restaurants, Artpark, and fascinating history. Lewiston is situated on the Niagara River, just across the river from Canada, and is half way between the world famous Niagara Falls and historic Fort Niagara in Youngstown, New York.

Some people say the Town of Lewiston is becoming a new frontier for suburbanite hopefuls - a place poised for the kind of residential interest shown in Clarence and Wheatfield in the last two decades. Whether or not that's a good thing is up for debate. It's difficult to compare the interest in residential developments, but there is something about Lewiston that has people talking.

Historic Lewiston NY

• Birthplace of Niagara Falls
• Where escaping slaves made their last stop on the Underground Railroad
• Where the "cocktail" was invented by the power brokers of the Frontier
• Where early French Explorers traded with Local Indians
• Where Commerce was pioneered on the Great Lakes

Town of Lewiston & Village of Lewiston Combined Report

As of December 1, 2008 in Lewiston (Town & Village combined) the Market conditions are as follows:

• 86 active single family homes for sale with an average list price of $222,603 ranging from $74,500 to $849,900
  • Village of Lewiston has 11 active listing with an average list price of $166,181 ranging from $109,900 to $299,000
  • Town of Lewiston has 75 active listings with an average list price of $228,585 ranging from $74,500 to $849,900
• There are 5 pending/under contract homes for sale in the Lewiston market, one in the Village and the other four in the Town
• In the past 30 days there has been a total of 13 closed sales with an average sold price of $159,023 and spending an average of 81 days on the market.
• Year to date there has been a total of 123 closed single-family homes sold with an average sold price of $170,195 and spending an average of 61 days on the market
  • Lowest Town Sold for $37,000 - zero days on the market
  • Lowest Village sold for $55,000 - 2 days on the makret
  • Highest Town Sold for $995,000 - 240 days on the market

•o Highest Village sold for $240,000 - 224 days on the market

Thinking of selling your Lewiston home? Interested in finding out the current market value of your Lewiston single family home? Then call Colleen Kulikowski at (716) 743-5297 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 our free . View additional WNY Market Area Statistics here.

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

Previous Articles on Lewiston:

· Call Historic Lewiston Home

· Lewiston NY - Charming Village just what buyers are seeking