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Buffalo Niagara Falls Real Estate, Carl DeFranco

DeVeaux Market Report MArch 2008

DeVeaux Single Family Homes For Sale Market Report March 13, 2008

Let's start by looking at last year's number for January 1 - March 31, 2007:

  • # Closed Sales in DeVeaux Section of Niagara Falls: 15

  • Average Days on Market for Sold: 85

  • DeVeaux Average Sold Price: $ 83,235.00

  • DeVeaux Highest Sold Price: $ 190,000.00

  • DeVeaux Lowest Sold Price: $ 29,999.00

Let's look at the total of 2007 Homes for Sale in DeVeaux:

  • Closed Sales: 49 with an Average Days on Market: 83

  • DeVeaux Average Home Sold Price was $ 80,909.00

  • Highest Sold Price: $ 190,000.00 and the Lowest Sold Price: $ 20,000.00

Now let's look at what is happening in DeVeaux Section of Niagara Falls today March 13, 2008:

  • # of Closed Sales in DeVeaux since January 1, 2008: 0

  • # of currently pending sales in DeVeaux: 0

  • # of Active DeVeaux Listings: 20 (increase of 2 from prior month)

  • Highest list price home is $249,900, the lowest is $47,000 and the average list price is $98,460

Thinking of selling your DeVeaux home? Interested in finding out the current market value of your DeVeaux single family home? Then call Colleen Kulikowski at (716) 990-7384 to discuss what is happening in today's Western New York Real Estate Market. View additional WNY Market Area Statistics here.

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

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Cheetowaga March 2008 Market Report

Cheektowaga NY Single-family home Market Report - March 2008

Cheektowaga NY single-family home sales are steady in Cheektowaga, at the current rate, it would take approximately 7.32 months of homes for sale in Cheektowaga. The market conditions in the Cheektowaga single-family segment is as follows:

  • There are currently 260 active homes on the market with an average of $93,391 (Highest - $349,900 Lowest - $9,900).
  • There are currently 11 pending homes for sale in Cheektowaga NY.
  • February 13 - March 13, 2008 there were 37 closed home sales in Cheektowaga.
  • The average sold price of homes in Cheecktowaga is $85,774 (Highest - $244,000 Lowest - $13,000)
  • The average days on the market (DOM) was 83 (Highest List price DOM - 343 Lowest List Price DOM - 83)

Thinking of selling your Cheektowaga NY home? Interested in finding out the current market value of your Cheektowaga single family home? Then call Colleen Kulikowski at (716) 990-7384 to discuss what is happening in today's Western New York Real Estate Market. View additional WNY Market Area Statistics here.

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

Cheektowaga Related Articles:

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Wheatfield NY Single Family Market Report

Wheatfield NY Single Family Home Sales Market Report - March 2008

Here is what is happening int he Wheatfield Single Family Home Market:

  • There are 85 Active Listings in Wheatfield at this time, and 1 pending listing
  • The average list price of a home for sale in Wheatfield is $202,843 (Highest - $679,000 Lowest - 80,000)
  • There were 6 closed sales between February 13 and March 13, 2008
  • The average sold price was $165,173 (Highest - $268,040 Lowest - $35,000)
  • Days on the market (DOM) of the 6 homes that sold averaged 71 days (Highest sold - 141 DOM Lowest sold - 27 DOM)

At this time it would take approximatley 14.33 months to absorb the current group of homes for sale in Wheatfield NY. We are clearly in a buyer's market in Wheatfield. I am going to repeat some advice here that I just wrote in my DeVeaux Market Report.

If you have your home on the market and you don't have to sell, take your home off the market! If you are currently on the market and need to sell, you need to take a long hard look at your listing price. Clearly the price you have at this time is not working for you.

Spring has sprung and more homes are going to be coming on the market in the coming weeks. Remember you need to be the best priced home in the best condition in this market. Buyers are looking for a bargin, and they are ready to pounce, only if the property is priced right. Just look at the difference between the days on the market for the highest and lowest sold homes. As a seller, you do not want to play the "Chasing the Market Down" game.

Read Also: Time to Get Serious about Selling your home

I just want my Western New York Home SOLD!

Feeling like a Deer in the Headlights?

My Niagara Falls Home For Sale Is Not Selling!

What should I do to get ready to sell my Niagara Falls home?

How Niagara Falls Sellers Can Prevent Making Costly Selling Mistakes

Thinking of selling your Wheatfield NY home? Interested in finding out the current market value of your Wheatfield single family home? Then call Colleen Kulikowski at (716) 990-7384 to discuss what is happening in today's Western New York Real Estate Market. View additional WNY Market Area Statistics here.

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

Related Articles:

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Mortgage crisis guts Cleveland & Detroit; while Buffalo holds its own

Interesting read in today's Buffalo News Mortgage crisis guts Cleveland neighborhoods as it bypasses Buffalo

  • 10,000 Abandonded homes in Cleveland as a result of the mortgage crisis
  • The Real Estate Market collapsed in places like Cleveland and Detroit, while Buffalo is experiencing miniumal damage
  • 3% of Metro Cleveland's homes have fallen into foreclosure last year -- Buffalo less than 1/2 percent
  • Buffalo's slow growth and tough attitude against speculators that don't take care of the property has protected it from the looming Mortgage crisis.
  • Buffalo learned from the 1990's and took a tough stance on predatory lending, so history did not repeat itself here.
  • Buffalo housing prices increased 4% last year, while most of the country saw that the market was flat or declinging.

Attention Investors! Western New York has many wonderful opportunities to have a positive cash flow. To find out more about the opportunities in Western New York, call our Real Estate Department at (716) 990-7384 or visit our website at:

www.BuffaloNiagaraRealEstateHomeSales.com

North Tonawanda Market Report

North Tonawanda Single-family Market Report March 2008

North Tonawanda is home to so many wonderful people. It is also a community that it is in more of a Seller's Market as opposed to the rest of the Western New York area The Absorption Rate for North Tonawanda NY is 3.67 months of inventory. Here is the the market status report for North Tonawanda:
  • In 2007 there were a total of 308 homes sold in North Tonawanda at an average of $97,728 and those homes spent an average of 53 days on the market. The highest sold home in 2007 sold for $329,000 (436 days on the market) and the lowest priced home sold for $10,000 ( 0 days on the market).
  • Year to Day 2008 there have been 24 homes closed that sold for an average of $94,509 and on the market 48 days on the market. Highest sold was $297,000 (176 days on the market) the lowest sold $33,500 (3 Days on the Market).
  • The past 30 days there has been a total of 9 homes sold in North Tonawanda for an average $95,899 and spent a total of 61 days on the market. Highest sold in the past 30 days sold for $174,900 (176 Days on the Market) and lowest sold in the past 30 days $34,000 (5 Days on the Market)
  • There are 7 homes pending and there are 81 active listings in North Tonanwanda with an average of $107,059 (Highest - $249,900 Lowest - $8,800)

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