2008 Year End Allentown Market Report for Single Family Homes
Allentown Historic Sales Data by Year:
First the good news.. The average sales price is up in the historic district of Allentown in Downtown Buffalo. And you know that I am going to follow up with some bad, the number of sales is down, the average days on the market is up and highest sold for the year is down from last year's highest sold.
Ready for some additional good news? This is a cycle we have seen in the Allentown area (see chart below). And if the cycle continues, we will see an increase in sales in 2009!
Single Family Homes
| Year |
# Closed |
Average Closed Price |
Average DOM |
Highest Sold/DOM |
| 2008 |
14 |
$212,428 |
74 |
$335,000/332 |
| 2007 |
33 |
$132,670 |
46 |
$390,000/164 |
| 2006 |
19 |
$135,347 |
54 |
$342,500/238 |
| 2005 |
23 |
$164,073 |
51 |
$395,000/168 |
| 2004 |
14 |
$130,954 |
86 |
$390,000/265 |
| 2003 |
27 |
$103,445 |
39 |
$249,500/164 |
| 2002 |
14 |
$103,936 |
59 |
$257,500/180 |
| 2001 |
21 |
$93,671 |
65 |
$160,000/379 |
| 2000 |
17 |
$122,341 |
85 |
$325,000/285 |
Selection of Homes Currently for Sale in Allentown:
 |
114 MARINER BUFFALO, 14201 NY
- $ 269,900
- Built in 1865
- 1920 sq. feet
- 3 Bedrooms, 2 Full Baths , 1 Half Bath(s)
- MLS Number: 327409 (IDX)
|
 |
274 North Buffalo, 14201 NY
- $ 299,000
- Built in 1880
- 4423 sq. feet
- 4 Bedrooms, 2 Full Baths , 1 Half Bath(s)
- MLS Number: 326897(IDX)
|
 |
353 PORTER AVE. BUFFALO, 14201 NY
- $ 364,900
- Built in 1872
- 3867 sq. feet
- 7 Bedrooms, 4 Full Baths , 1 Half Bath(s)
- MLS Number: 323664(IDX)
|
 |
57 IRVING PLACE BUFFALO, 14201 NY\
- $ 255,000
- Built in 1880
- 1998 sq. feet
- 2 Bedrooms, 2 Full Baths , 0 Half Bath(s)
- MLS Number: 323240 (IDX)
|
 |
141 Mariner Buffalo, 14201 NY
- $ 229,900
- Built in 1868
- 2496 sq. feet
- 3 Bedrooms, 2 Full Baths , 0 Half Bath(s)
- MLS Number: 317654(IDX)
|
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Hi Coleen! Love your report! Great news tied in with the not-so-good news! It looks like your mirroring previous sales and hopefully, you'll see the market imporve next year as well.
Hey, where did you get your buttons at the bottom of your post? I love those!
Happy New Year!