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Buffalo Market Trends

Today, November 10, 2009

Median Sales Price in Buffalo

Embed Info
1 yr 5 yr Max
Buffalo median sales prices
Number of sold homes in Buffalo
No. BedroomsFeb - Apr '09y-o-y3 months prior1 year prior5 years prior
1 bedroom-----
2 bedrooms$93,625+38.7%$55,935$67,500$40,291
3 bedrooms$63,800-4.8%$68,000$67,000$41,336
4 bedrooms$54,629-22.9%$61,450$70,875$43,253
All properties$56,180-17.3%$65,973$67,893$40,573
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Buffalo Summary

The median sales price for homes in Buffalo NY for Feb 09 to Apr 09 was $56,180. This represents a decline of 14.8%, or $9,793, compared to the prior quarter and a decrease of 17.3% compared to the prior year. Sales prices have appreciated 38.5% over the last 5 years in Buffalo.

The average listing price for Buffalo homes for sale on Trulia was $149,002 for the week ending Nov 04, which represents an increase of 1.1%, or $1,601, compared to the prior week and an increase of 10.1%, or $13,716, compared to the week ending Oct 14. Average price per square foot for Buffalo NY was $47, a decrease of 4.1% compared to the same period last year. Popular neighborhoods in Buffalo include Bryant, North Park, Grant Ferry, Allen, Delaware-West Ferry, and Front Park.

 

Average Listing Price in Buffalo

Embed Info
1 yr 5 yr Max
Buffalo average property price
Buffalo – number of properties
No. BedroomsWeek ending
Nov 4
w-o-wWeek ending
Oct 28
Week ending
Oct 21
Week ending
Oct 14
1 bedroom$162,644+3.4%$157,230$176,790$179,186
2 bedrooms$151,459+5.3%$143,777$138,800$141,856
3 bedrooms$94,565+1.6%$93,070$95,481$94,599
4 bedrooms$138,451-2.7%$142,226$144,556$144,342
All properties$149,002+1.1%$147,401$142,592$135,286
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Average Price Per Sqft for Homes in Buffalo

Embed Info
1 yr 5 yr Max
Buffalo average price per square foot
No. BedroomsFeb - Apr '09y-o-y3 months prior1 year prior5 years prior
1 bedroom-----
2 bedrooms$80+21.2%$54$66$44
3 bedrooms$56-3.4%$54$58$36
4 bedrooms$480.0%$40$48$29
All properties$47-4.1%$44$49$30
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Popular Neighborhoods in Buffalo

Neighborhoods Week ending
Nov 4
w-o-w Week ending
Oct 28
Week ending
Oct 21
Bryant 1 +1 2 4
North Park 2 -1 1 1
Grant Ferry 3 — 3 2
Allen 4 +15 19 14
Delaware-West Ferry 5 +4 9 7
Front Park 6 — 6 3
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Homes for Sale in Buffalo

209 Nottingham Terrace, Buffalo NY
209 Nottin…
$399,900
5 br  2 ba
787 Ashland Avenue, Buffalo NY
787 Ashland…
$224,500
 
61 Erb Street, Buffalo NY
61 Erb St,…
$21,900
3 br  1 ba
233 Blaine Avenue, Buffalo NY
233 Blaine…
$66,800
3 br  1 ba
289 Summer Street, Buffalo NY
289 Summer…
$250,000
5 br  4 ½ ba
58 Edson Street, Buffalo NY
58 Edson St…
$49,200
 
View all Buffalo Homes for Sale
 
Stats & Trends
Buffalo

Real Estate Overview

Market Trends

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Community Info

Neighborhoods

Bryant

North Park

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  • Abbott McKinley
  • Albright
  • Allen
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  • Bryant
  • Buffalo State
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  • Delaware Park
  • Delaware-West Ferry
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  • First Ward
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  • Front Park
  • Genesee Moselle
  • Grant Ferry
  • Grider
  • Hamlin Park
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  • Kingsley
  • Lakeview
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  • Leroy
  • Lovejoy
  • Masten Park
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  • Old Town
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  • Starin Central
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Nearby Cities

Cities
Median
sales price
Average
listing price
Sloan
$47,000
$82,400
Snyder
$114,000
$311,950
Cheektowaga
$85,640
$105,017
West Seneca
$121,900
$154,263
Kenmore
$93,000
$111,513
Tonawanda
$78,400
$127,818
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Advice & Opinions

Recent Q&A in Buffalo, NY

Q: where is the "iron island"? 1 answer
Q: I am selling my home in NYS and we are close on an offer--$5K difference. I ask my broker if she would consider taking a commission for 1% less 27 answers
Q: how much money will i have to put down and make a year to qualify for a 35,000 single family home? 1 answer
Q: Are seller's required to remove all Asbestos in a home before sale? If not, what type of risk does this pose for the buyer? 1 answer
Q: multifamily properties western ny...seller based financing Be the first to answer

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More Advice & Opinions:
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Nearby Cities Real Estate

  • Sloan Real Estate
  • Snyder Real Estate
  • Cheektowaga Real Estate
  • West Seneca Real Estate
  • Kenmore Real Estate
  • Town of Tonawanda Real Estate

Nearby Cities Sold Homes

  • Sloan Sold Homes
  • Snyder Sold Homes
  • Cheektowaga Sold Homes
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  • Kenmore Sold Homes
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Nearby Cities Home Prices

  • Sloan Home Prices
  • Snyder Home Prices
  • Cheektowaga Home Prices
  • West Seneca Home Prices
  • Kenmore Home Prices
  • Town of Tonawanda Home Prices

Buffalo Stats & Trends

  • Buffalo Real Estate Overview
  • Buffalo Schools
  • Buffalo Community Info
  • Buffalo Home Prices
  • Buffalo Real Estate
  • Buffalo Recently Sold Homes

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Our real estate market trends page gives you a valuable overview of the Buffalo real estate market. Find Buffalo properties, sales statistics, real estate price trends, and real estate market activity. Find detailed information on Buffalo average and median listing prices, home value trends, and average price per square feet information for single family homes, condos, and other property types. Real estate market data is segmented by the number of bedrooms and Buffalo housing statistics are available for each Buffalo, NY neighborhood.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.

Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Price per Square Foot is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.