Erie County Million Dollar Single Family Homes – Market Report

Colleen Kulikowski January 27, 2016

Current Market Report: Erie County Million Dollar Homes For Sale

January 18, 2016

  • There are 29 active single-family homes for sale with an average list price $1,783,828 ranging from $1,095,000 to $7,500,000
  • There are 3 pending/under contract sales and no closed sales in the past 30 days
  • In 2015 there were 12 closed sales year to date with an average sold price of $1,119,750 spending an average of 69 days on the market

Selection of Homes for Sale

Past Market Reports: Erie County Million Dollar Homes For Sale

May 22, 2015

  • There are 29 active single-family homes for sale with an average list price $1,737,782 ranging from $1,025,000 to $7,500,000
  • There are 4 pending/under contract sales and 1 closed sales year to date for $1,100,000 spending an average of 28 days on the market
  • YTD there has been 2 closed sales year to date with an average sold price of $1,155,000 spending an average of 55 days on the market

November 19, 2014

  • There are 25 active single-family homes for sale with an average list price $1,870,117 ranging from $1,000,000 to $7,500,000
  • There are 2 pending/under contract sales and 5 closed sales year to date with an average sold price of $1,298,000 spending an average of 145 days on the market

June 17, 2014

  • There are 18 active single-family homes for sale with an average list price $1,512,544 ranging from $1,000,000 to $3,750,000
  • There are no pending/under contract sales and 2 closed sales year to date with an average sold price of $1,100,000 spending an average of 55 days on the market

April 24, 2014

  • There are 13 active single-family homes for sale with an average list price $1,666,300 ranging from $1,095,000 to $3,750,000
  • There is 1 pending/under contract sales and there are 2 closed sales year to date with an average sold price of $1,100,000 spending an average of 55 days on the market
  • In 2013 there were 8 closed sales with an average sold price of $1,241,400 spending an average of 104 days on the market
  • In 2012 there were 12 closed sales with an average sold price of $1,212,583 spending an average of 186 days on the market

March 15, 2014

  • There are 12 active single-family homes for sale with an average list price $1,686,492 ranging from $1,095,000 to $3,750,000
  • There are 2 pending/under contract sales and there is one closed sales year to date for $1,300,000 spending 43 days on the market
  • In 2013 there were 8 closed sales with an average sold price of $1,241,400 spending an average of 104 days on the market
  • In 2012 there were 12 closed sales with an average sold price of $1,212,583 spending an average of 186 days on the market

January 30, 2014

  • There are 13 active single-family homes for sale with an average list price $1,668,069 ranging from $1,095,000 to $3,750,000
  • There are 3 pending/under contract sales and there are no closed sales year to date
  • In 2013 there were 8 closed sales with an average sold price of $1,241,400 spending an average of 104 days on the market
  • In 2012 there were 12 closed sales with an average sold price of $1,212,583 spending an average of 186 days on the market

October 20, 2013

  • There are 17 active single-family homes for sale with an average list price $1,625,224 ranging from $1,095,000 to $3,750,000
  • There are 3 pending/under contract sales and YTD has been 7 closed sales with an average sold price of $1,233,029 spending an average of 105 days on the market
  • In 2012 there were 12 closed sales with an average sold price of $1,212,583 spending an average of 186 days on the market

September 1, 2013

  • There are 13 active single-family homes for sale with an average list price $1,443,308 ranging from $1,098,000 to $1,900,000
  • There is 1 pending/under contract sales and YTD has been 6 closed sales with an average sold price of $1,201,867 spending an average of 102 days on the market
  • In 2012 there were 12 closed sales with an average sold price of $1,212,583 spending an average of 186 days on the market

May 11, 2013

  • There are 19 active single-family homes for sale with an average list price $1,443,624 ranging from $1,000,050 to $1,950,000
  • There are 2 pending/under contract sales and YTD has been 2 closed sales with an average sold price of $1,112,500 spending an average of 44 days on the market
  • In 2012 there were 12 closed sales with an average sold price of $1,212,583 spending an average of 186 days on the market

March 19, 2013

  • There are 15 active single-family homes for sale with an average list price $1,494,057 ranging from $1,000,050 to $1,950,000
  • There are 2 pending/under contract sales and YTD has been 2 closed sales with an average sold price of $1,112,500 spending an average of 44 days on the market
  • In 2012 there were 12 closed sales with an average sold price of $1,212,583 spending an average of 186 days on the market

February 21, 2013

  • There are 16 active single-family homes for sale with an average list price $1,515,613 ranging from $1,099,000 to $1,950,000
  • There is one pending/under contract sales and YTD has been 1 closed sale for $1,175,000 (closed in the past 30 days) spending 4 days on the market
  • In 2012 there were 12 closed sales with an average sold price of $1,212,583 spending an average of 186 days on the market

January 1, 2013

  • There are 16 active single-family homes for sale with an average list price $1,465,366 ranging from $1,000,000 to $1,950,000
  • There is one pending/under contract sales and in the past 30 days has been no closed sales
  • In 2012 there were 12 closed sales with an average sold price of $1,212,583 spending an average of 186 days on the market

December 4, 2012

  • There are 19 active single-family homes for sale with an average list price $1,489,384 ranging from $1,095,000 to $1,950,000
  • There is one pending/under contract sales and in the past 30 days has been 3 closed sales with an average sold price of $1,363,333 spending an average of 204 days on the market
  • YTD there has been 12 closed sales with an average sold price of $1,212,583 spending an average of 216 days on the market

November 5, 2012

  • There are 21 active single-family homes for sale with an average list price $1,485,633 ranging from $1,095,000 to $2,400,000
  • There are 4 pending/under contract sales and in the past 30 days has been no closed sales
  • YTD there has been 9 closed sales with an average sold price of $1,162,333 spending an average of 219 days on the market

July 13, 2012

  • There are 24 active single-family homes for sale with an average list price $1,549,204 ranging from $1,090,000 to $2,400,000
  • There are 3 pending/under contract sales and in the past 30 days has been 1 closed sale for $2,000,000 spending 479 days on the market
  • YTD there has been 4 closed sales with an average sold price of $1,265,000 spending an average of 221 days on the market

June 9, 2012

  • There are 20 active single-family homes for sale with an average list price $1,594,345 ranging from $1,050,000 to $2,400,000
  • There are 3 pending/under contract sales and in the past 30 days has been 1 closed sale for $995,000 spending 74 days on the market
  • YTD there has been 3 closed sales with an average sold price of $1,020,000 spending an average of 135 days on the market

May 1, 2012

  • There are 11806 active single-family homes for sale with an average list price $1,599,133 ranging from $1,050,000 to $2,399,000
  • There is 1pending/under contract sales and in the past 30 days has been no closed sales
  • YTD there has been 2 closed sales with an average sold price of $1,032,500 spending an average of 166 days on the market

March 22, 2012

  • There are 106 active single-family homes for sale with an average list price $1,569,944 ranging from $1,000,000 to $3,900,000
  • There are 3 pending/under contract sales and in the past 30 days there was one closed sale for $1,305,500 on the market 302 days
  • YTD there has been 3 closed sales with an average sold price of $1,071,500 spending an average of 146 days on the market

February 23, 2012

  • There are 17 active single-family homes for sale with an average list price $1,461,200 ranging from $1,050,000 to $2,399,0000
  • There are 2 pending/under contract sales and in the past 30 days there was one closed sale for $925,000 on the market 136 days
  • In 2011 there were 3 closed sales with an average sold price of $1,058,333 spending an average of 84 days on the market

April 7, 2011

  • There are 25 active single-family homes for sale with an average list price $1,496,819 ranging from $1,000,000 to $2,600,0000
  • There are no pending/under contract sales and in the past 30 days there was one closed sale for $1,200,000 on the market 76 days
  • There has only been one sale Year to Date

March 28, 2011

  • There are 25 active single-family homes for sale with an average list price $1,480,906 ranging from $1,000,000 to $2,600,0000
  • There are no pending/under contract sales and in the past 30 days there was one closed sale for $1,200,000 on the market 76 days
  • There has only been one sale Year to Date

January 10,2011

  • There are 21 active listings with an average list price of $1,554,848  ranging from $1,050,000 to $2,600,000 with days on market:
    • 0-30 days- 9.52%
    • 31-60 days – 19.05%
    • 61-90 days – 19.05%
    • 91-120 days – 14.29%
    • 120+ days – 38.1%
  • There is 1 pending/under contract sales and in the past 30 days there has been 0 closed sales.

November 7, 2010

  • There are 24 active listings with an average list price of $1,509,996 ranging from $1,050,000 to $2,300,000 with days on market:
    • 0-30 days- 16.67%
    • 31-60 days – 16.67%
    • 61-90 days – 8.33%
    • 91-120 days – 20.83%
    • 120+ days – 37.5%
  • There are 0 pending/under contract sales and in the past 30 days there has been 0 closed sales.
  • YTD there has been 7 closed sales with an average sold price of $1,175,421 spending an average of 129 days on the market
    • Highest closed – $1,700,000 – 238 days on the market
    • Lowest closed – $940,000 – 35 days on the market
    • Of the closed sales 0% of the sales closed under 30 days

October 2, 2010

  • There are 25 active listings with an average list price of $1,509,432 ranging from $1,050,000 to $2,300,000
  • There is one pending sale
  • YTD there has 6 closed sales with an average sold price of $1,087,992 spending an average of 135 days on the market
    • Highest Closed – $1,425,000 – 238 days on market
    • Lowest Closed – $940,000 – 35 days on the market

August 20, 2010

  • There are 27 active listing with an average listing price of $1,529,581 ranging from $1,050,000 to $2,500,000
  • There are 2 pending sales and in the past 30 days there has been one closed sale for $999,000 after spending 126 days on the market
  • YTD there has been 4 closed sales with an average sold price of $999,475 spending an average of 140 days on the market
    • Highest closed – $1,048,850 – 238 days on the market
    • Lowest closed – $950,000 – 35 days on the market
    • Of the closed sales 75% of the sold homes were on the market 120 or more days

July 11, 2010

  • There are 24 active listings with an average list price of $1,571,737 ranging from $1,095,000 to $2,500,000
  • There are 2 pending/under contract sales and no closed sales in the past 30 days
  • There are 2 closed sales YTD with an average closed price of $1,182,500 spending an average of 136 days on the market
    • Highest closed – $1,425,000 – 238 days on the market
    • Lowest closed – $940,000 – 35 days on the market

June 3, 2010

  • There are 25 active listings with an average list price of $1,530,471 ranging from $999,99 to $2,500,000
  • There are 2 pending/under contract sales and no closed sales YTD
  • YTD there has been 2 closed sales with an average sold price of $1,182,500 spending an average of 136 days on the market
    • Highest closed – $1,425,000 – 238 days on the market
    • Lowest closed – $940,000 – 35 days on the market

May 8, 2010

  • There are currently 25 active listings over a Million Dollars in Erie County with an average list price of $1,557,675 ranging from $1,090,000 to $2,500,000
  • There are currently 2 pending/under contract sales and no closed sales in the past 30 days
  • YTD there has been two closed sales with an average closed price of $1,182,500 spending an average of 136 days on the market
    • Highest closed – $1,425,000 – 238 days on the market
    • Lowest closed – $940,000 – 25 days on the market

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

For more information – call our J. Philip Real Estate Team at:

(716) 650-0051

 

Thinking of selling your Western New York home? Interested in finding out the current market value of your single family home, condo or investment property? Then call us at (716) 650-0051 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 or assist you to purchase a home.

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