Buffalo Waterfront Rivermist Condos – Market Report

Colleen Kulikowski April 13, 2014

Downtown Waterfront Living

There is a lot of interest in living in the Downtown Buffalo area, especially the Buffalo Waterfront!  The waterfront village consists of over 200 housing units and the development of the Waterfront village began in the 1970’s and was part of the Downtown Urban Renewal Plan.

The Waterfront Village consists of the following communities:

Community Year
Built
# of
Units
Harbor Pointe 1981 20 Townhouses
Rivermist 1983 37 Townhouses
Marina Village 1984 24 Condos
Gull Landing 1987 23 Condos 50 Waterfront Circle 2001 5 Townhouses

 

Current Market Report: Buffalo Waterfront Rivermist Condos

Selection of Buffalo Waterfront Condos For Sale

Past Market Reports: Buffalo Waterfront Rivermist Condos

April 13, 2014

  • There are no active listings
  • There are no pending sale and no closed sales in the past 30 days
  • YTD there has been 1 closed sales sold for $518,000 spending 43 days on the market

March 28, 2013

  • There are 2 active listings with an average list price of $519,450 ranging from $479,000 TO $559,900
  • There is one pending sale and 2 closed sales in the past 30 days with an average sold price of $550,000 spending an average of 123 days on the market
  • YTD there has been 4 closed sales with an average sold price of $500,000 spending an average of 108 days on the market

March 28, 2013

  • There are 3 active listings with an average list price of $676,267 ranging from $479,000 TO $989,900
  • There are 2 pending sale and no closed sales in the past 30 days
  • YTD there has been 2 closed sales with an average sold price of $450,000 spending an average of 120 days on the market

February 20, 2013

  • There are 2 active listings with an average list price of $774,900 ranging from $559,900 TO $989,900
  • There are 2 pending sale and 2 closed sales YTD with an average sold price of $450,000 spending an average 93 days on the market
  • In 2012 there were 3 closed sales with an average sold price of $620,422 spending an average of 91 days on the market

November 22, 2012

  • There are 6 active listings with an average list price of $549,767 ranging from $399,900 TO $999,999
  • There are no pending sale and no closed sales year in the past 30 days
  • YTD there has been 3 closed sales with an average sold price of $620,422 spending an average of 91 days on the market

April 2, 2012

  • There are 3 active listings with an average list price of $566,567 ranging from $549,900 TO $599,900
  • There are no pending sale and 1 closed sales year to date for $755,000 after 21 days on the market
  • In 2011 there were 3 closed sales with an average sold price of $486,567 spending an average of 167 days on the market.

March 4, 2012

  • There are 5 active listings with an average list price of $504,900 ranging from $399,900 TO $599,900
  • There is one pending sale and 1 closed sales year to date for $755,000 after 21 days on the market
  • In 2011 there were 3 closed sales with an average sold price of $486,567 spending an average of 167 days on the market.

March 7, 2011

  • There are 4 active listings with an average list price of $453,675 ranging from $419,900 TO $499,900
  • There is one pending sale and no closed sales year to date

October 20, 2010

  • There are 5 active listings with an average list price of $537,900 ranging from $429,900 to $799,900
  • There is 1 pending/under contract sale and in the past 30 days there has been no closed sales
  • YTD there has been 4 closed sales with an average sold price of $481,250 spending an average of 429 days on the market
    • Highest closed – $565,000 – 655 days on the market
    • Lowest closed – $380,000 – 174 days on the market

August 17, 2010

  • There are 9 active listings with an average listing price of $409,767 ranging from $199,900 to $799,900
  • There is 1 pending/under contract sale and no closed sales in the past 30 days
  • YTD there has been 5 closed sales with an average closed price of $381,417 spending an average of 207 days on the market
    • Highest closed – $565,000 – 655 days on the market
    • Lowest closed – $131,000 – 3 days on the market

June 12, 2010

  • There are 5 active Rivermist condos for sale with an average list price of $507,400 ranging from $215,000 to $589,900
  • There are no pending/under contract sales and in the past 30 days one unit has closed for $425,000 after spending 462 days on the market
  • YTD there has been 3 closed sales with an average sold price of $453,333 spending an average of 292 days on the market
    • Highest closed – $555,09 days on the market

May 15, 2010

  • There are 3 active listings with an average list price of $536,566 ranging from $479,900 to $599,900
  • There is one pending and one closed sale in the past 30 days for $555,0000 spending 462 days on the market
  • YTD there has been two closed sales with an average closed price $467,500 spending 414 days on the market
    • Highest closed – $555,000 – 655 days on the market
    • Lowest closed – $380,000 – 174 days on the market

April 15, 2010

  • There are 4 active listings with an average list price of $503,425 ranging from $439,000 to $599,900
  • There are 2 pending/under contract sales and YTD there has been 1 closed sale for $380,000 after 174 days on the market

March 14, 2010

  • There are 5 active listings with an average list price of $506,720 ranging from $439,000 to $599,900
  • There are no pending sales and no closed sales in the past 30 days
  • YTD there has been 1 closed sale for $380,000 spending 174 days on the market

February 16, 2010

  • There are currently 4 active listings in Rivermist with an average list price of $523,650 ranging from $444,900 to $599,900
  • There are no pending/under contract sales and no closed sales in the past 30 days
  • There has been 1 closed sale YTD that sold for $380,000 spending 174 days on the market

January 16, 2010

  • There are 4 active listings in Rivermist with an average list price of $533,650 ranging from $444,900 to $639,900
  • There are no pending/under contract or closed sales in the past 30 days

December 19, 2009

  • There are 4 active Rivermist condos for sale with an average list price of $533,650 ranging from $44,900 to $639,900
  • There are no pending sales at this time
  • Year to date there has been 1 closed sale  that closed for $395,000 after spending 105 days on the market

November 6, 2009

  • There are 5 active listings in Rivermist with an average list price of $520,320 ranging from $437,000 to $639,900
  • There is one pending sale and no closed sales since January 1, 2009

July 30, 2009

  • There are currently 6 active Rivermist condos for slae with an average list price of $511,083 ranging from $399,900 to $699,900
  • There are no pending sales and no closed sales in the Rivermist community year to date.

June 10, 2009

  • There are currently 6 active listings in Rivermist with an average list price of $522,783 ranging from $435,000 to $699,900
  • There are no pending sales nor has there been a closed sale since January 1, 2009 on the MLS.

May 1, 2009

  • As of May 1, 2009 there are currently 4 Rivermist Townhomes for sale with an average list price of $572,675 ranging from $479,900 to $725,900
  • There are no pending sales at this time in Rivermist and no sales year to date or in 2008
    • In 2007 there were 2 closed sales with an average closed price of $520,000 and spent an average of 11 days on the market
    • In 2006 there were 4 closed sales with an average closed price of $425,000 and spent an average of 13 days on the market
    • In 2005 Rivermist had a total of 4 closed sales with an average closed price of $415,250 and spending an average of 56 days on the market
    • In 2004 there were 7 closed sales with an average closed price of $355,342 and spending an average of 38 days on the market
    • In 2003 there were 4 closed sales with an average closed price of $314,031 and spending an average of 89 days on the market
    • In 2002 there were 2 closed sales in Rivermist with an average closed price of $310,500 and spending an average of 17 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.

Properties found on this Web site may be listed with a brokerage other than the owner of this site and are displayed here via the Internet Data Exchange (IDX) system of this broker’s MLS. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing nor displaying broker shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. © 2016 Western New York Real Estate Information Services (WNYREIS), LLC. All rights reserved. 

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