Friday, January 12, 2018

Home sales backed off in past year but market remains strong

Like much of the nation sellers in the Buffalo area hold the edge over buyers when it comes to residential real estate. While closed sales fell by 3 percent in 2017 — 12,143 compared to 12,525 — both median and average prices rose by 7.7 and 6.0 percent, respectively. The Buffalo Niagara Association of Realtors reported the median sale price for all of last year was $140,000, up from $130,000 in 2016. The average price was $163,864, up from $154,606. Other year-over-year metrics show new listings…

from DIYS http://ift.tt/2EDbq5D

No comments:

Post a Comment