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Olean Market Trends

Today, January 6, 2010

Median Sales Price in Olean

Embed Info
1 yr 5 yr Max
Olean median sales prices
Number of sold homes in Olean
No. BedroomsSep - Nov '09y-o-y3 months prior1 year prior5 years prior
1 bedroom-----
2 bedrooms$62,000+34.8%$50,000$46,000$50,500
3 bedrooms$47,500-38.7%$63,600$77,500$60,000
4 bedrooms$65,500+37.9%$67,000$47,500$99,500
All properties$54,500-8.4%$65,000$59,500$60,500
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Olean Summary

The median sales price for homes in Olean NY for Sep 09 to Nov 09 was $54,500. This represents a decline of 16.2%, or $10,500, compared to the prior quarter and a decrease of 8.4% compared to the prior year. Sales prices have depreciated 9.9% over the last 5 years in Olean.

The average listing price for Olean homes for sale on Trulia was $155,149 for the week ending Dec 30, which represents a decline of 20.1%, or $38,920, compared to the prior week and an increase of 9.6%, or $13,558, compared to the week ending Dec 09. Average price per square foot for Olean NY was $45, a decrease of 2.2% compared to the same period last year.

 

Average Listing Price in Olean

Embed Info
1 yr 5 yr Max
Olean average property price
Olean – number of properties
No. BedroomsWeek ending
Dec 30
w-o-wWeek ending
Dec 23
Week ending
Dec 16
Week ending
Dec 9
1 bedroom-----
2 bedrooms-----
3 bedrooms$106,071+0.9%$105,078$88,949$89,178
4 bedrooms$218,652+0.9%$216,777$198,506$210,479
All properties$155,149-20.1%$194,069$150,303$141,591
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Average Price Per Sqft for Homes in Olean

Embed Info
1 yr 5 yr Max
Olean average price per square foot
No. BedroomsSep - Nov '09y-o-y3 months prior1 year prior5 years prior
1 bedroom-----
2 bedrooms$56+40.0%$49$40$56
3 bedrooms$42-31.1%$52$61$47
4 bedrooms$37+27.6%$45$29$60
All properties$45-2.2%$49$46$50
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Homes for Sale in Olean

101 Woodview Avenue, Olean NY
101 Woodvi…
$179,000
4 br  2 ½ ba
1694 Seneca Avenue, Olean NY
1694 Seneca…
$94,900
3 br  1 ba
706 Irving Street, Olean NY
706 Irving…
$35,000
6 br  2 ba
1125 West Henley Street, Olean NY
1125 W Hen…
$118,500
3 br  2 ba
1983 Dugan Road, Olean NY
1983 Dugan…
$350,000
4 br  3 ba
101 Garfield Court, Olean NY
101 Garfie…
$129,900
4 br  1 ½ ba
View all Olean Homes for Sale
 
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Olean

Real Estate Overview

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Nearby Cities

Cities
Median
sales price
Average
listing price
Allegany
$135,250
$156,173
Portville
$55,000
$105,021
Ischua
$170,000
$283,650
Hinsdale
$42,766
$144,900
Limestone
$71,250
$85,000
Cuba
$89,000
$285,525
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Advice

Recent Q&A in Olean, NY

Q: Looking for an apartment for a senior citizen, no pets in the Portville,Olean areas. Be the first to answer
Q: Pet friendly house for rent within 30 minutes of Olean, 2 bedroom? Professional moving to area with 2 dogs.. 3 answers
Q: i was divorced in 2007, my ex 'won' the house in lieu of allimony, however, my name remains on the mortgage, 1 answer
Q: First time user, is this property for sale? 1 answer
Q: How can I get a first time homeowners loan with bad credit ? 6 answers

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Nearby Cities Real Estate

  • Westons Mills Real Estate
  • Allegany Real Estate
  • Portville Real Estate
  • Ischua Real Estate
  • Hinsdale Real Estate
  • Limestone Real Estate

Nearby Cities Sold Homes

  • Westons Mills Sold Homes
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Nearby Cities Home Prices

  • Westons Mills Home Prices
  • Allegany Home Prices
  • Portville Home Prices
  • Ischua Home Prices
  • Hinsdale Home Prices
  • Limestone Home Prices

Olean Stats & Trends

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

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Our real estate market trends page gives you a valuable overview of the Olean real estate market. Find Olean properties, sales statistics, real estate price trends, and real estate market activity. Find detailed information on Olean 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 Olean housing statistics are available for each Olean, 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.