Friday, March 15, 2019

Median home prices jumped 11.2 percent in Buffalo as sales chilled in February

There was no February warm-up for home sales in the Buffalo metropolitan area in February but limited inventory again sparked a rise in prices. The fall in the number of closed transactions was sharp — 33.4 percent — according to the Buffalo Niagara Association of Realtors. The trade group counted just 489 single-family home deals compared to 734 a year ago. With fewer properties on the market — 2,387 compared to 2,449 — sellers were again able to cash in. Median prices climbed to $146,750…

from DIYS https://ift.tt/2T5ueBb

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