WNY Homes for Sale

Town of Lancaster NY Single Family Home Market Report Feburary 2008

The Town of Lancaster NY is another popular location for those looking to purchase a home. Here is a brief snapshot of what is happening in the Single Family homes market in the Town of Lancaster, NY:

• There are currently 79 active single family homes in the Town of Lancaster ranging in list price from $37,900 to $368,500 and at this time there is one pending Single Family home.

• In the past 30 days there has been 4 closed Sales

  • Average List price of $189,425 and average Sold price of $181,237

  • Average Days on the market 63 days

  • Lowest priced home sold was $153,000 and was on the market for 5 days.

  • The highest priced sold Town of Lancaster home in this time period sold for $203,500 and was on the market a total of 142 days.

  • At the current rate of sales, it would take 20 months to sell the current inventory. This means that pricing your home is extremely important.

• In 2007 there were 183 homes sold in the Town of Lancaster. Details include:

  • Average list price was $202,855 and average sold price was $196,862. These Town of Lancaster homes were on the market an average of 66 days.

  • Lowest priced Sold home in the Town of Lancaster was $45,000 and was on the market 0 days.

  • The highest priced home that SOLD in the Town of Lancaster sold for $440,000 and spent 253 days on the market.

Interested in finding out the current market value of your Town of Lancaster home? Then call Colleen Kulikowski at (716) 990-7384 to discuss what is happening in today's Western New York Real Estate Market.

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

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Tags: Market Report, Real Estate, Single Family homes, Town of Lancaster NY