North Tonawanda Market Report

By
Real Estate Broker/Owner with DeFranco Real Estate Corp.

North Tonawanda Single-family Market Report March 2008

North Tonawanda is home to so many wonderful people. It is also a community that it is in more of a Seller's Market as opposed to the rest of the Western New York area The Absorption Rate for North Tonawanda NY is 3.67 months of inventory. Here is the the market status report for North Tonawanda:
  • In 2007 there were a total of 308 homes sold in North Tonawanda at an average of $97,728 and those homes spent an average of 53 days on the market. The highest sold home in 2007 sold for $329,000 (436 days on the market) and the lowest priced home sold for $10,000 ( 0 days on the market).
  • Year to Day 2008 there have been 24 homes closed that sold for an average of $94,509 and on the market 48 days on the market. Highest sold was $297,000 (176 days on the market) the lowest sold $33,500 (3 Days on the Market).
  • The past 30 days there has been a total of 9 homes sold in North Tonawanda for an average $95,899 and spent a total of 61 days on the market. Highest sold in the past 30 days sold for $174,900 (176 Days on the Market) and lowest sold in the past 30 days $34,000 (5 Days on the Market)
  • There are 7 homes pending and there are 81 active listings in North Tonanwanda with an average of $107,059 (Highest - $249,900 Lowest - $8,800)

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Carl DeFranco

Buffalo Niagara Falls Real Estate
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