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The Buffalo region is one of the fastest growing Real Estate markets in the United States today. Buffalo NY is the second largest city in New York and is situated in the Western New York region.

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Home Sales by UB and Buff State August 2008

Buffalo State College Area Market Report August 2008

Buffalo State is another popular area that investors purchase Investment property in.   With about 9,000 undergraduates and 2,000 graduate students Buffalo State has a pool of willing tenants. 

Multi Family Homes for Sale

  • There are currently 4 pending and 50 active listings with an average list price of $50,234
  • Year to date there has been 50 closed sales spending an average of 50 days on the market and an average sold price of $43,214

Buffalo State Single Family Homes for Sale

  • There are no pending and 30 active listings in this area of Buffalo with an average list price of $40,193 rangiing from $5,000 to $99,900.
  • Year to date there has been a total of 20 closed sales with an average sold price of $38,618 and spending an average of 67 days on the market

 UB Area Real Estate Market Report - August 2008

Popular Investment property is around the University of Buffalo Main Street Campus.  The market report is as follows:

Multi Family Homes For Sale 

  • Currently there are 7 pending and 40 active listings with an average list price of $71,917 ranging from $29,900 to $339,900
  • Year to date there as been a total of 45 closed sales averaging 63 days on the market and having an average sold price of $63,841.

Single Family homes in the UB area Market Report:

  • There are currently 9 pending and 68 active single family homes for sale in the UB area with an average list price of $50,338 ranging from $14,900 to $174,900
  • Year to date there has been 72 closed sales with ana average sold price of $48,894 and spending an average of 73 days on the market

Interested in finding out the current market value of your single family home, condo or investment property? Then call Colleen Kulikowski, Realtor at (716) 743-5297 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, just fill out the form below.   View additional WNY Market Area Statistics here.

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



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Posted on August 28, 2008 17:38:20 by Blog Author Colleen.Kulikowski
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