Here’s the state of the market for Niagara Falls, NY according to MLS data as of March 20th, 2008

There are currently 172 single family homes for sale.

The lowest price is $7,900, highest price is $329,900, median price is $53,500.

There are 36 sales currently pending on single family homes:

The lowest sale price is $9,900, highest price is $335,000, median price is $59,900

There were 18 closed sales in the last 30 days:

The lowest price was $15,900, highest price was $109,900, median was $57,500.

At the current rate of absorption, it will be 9 ½ months before all remaining homes in Niagara Falls are sold.