Niagara County Market Report - Pendelton NY March 2008

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

Pendelton NY Single Family Home Market Report March 2008

Unlike Pendelton NY's neighbor of Cambria, Pendenton NY is clearly in a buyer's market.  The absorption rate jumped from 8.75 months last month to 18.5 months in the past 30 days.  Pricing is key to getting your Pendelton NY home sold.   If you do not price it correctly from the start, the buyers will look elsewhere where they percieve there is better value for the dollar.

Read Also:  February Market Report for Cambira

  • In the past 30 days Pendenton Single-family homes had 2 closed sales averaging $282,500 and spending an average of 48 days on the market (DOM).  Highest sold for $480,000 (94 DOM) Lowest sold for $85,000 (2 DOM).

  • Year to day closed single family homes in Cambria averaged $194,181 (80 DOM) Highest sold for $380 (173 DOM) and Lowest $39,000 (2 DOM)

  • Currently there are 37 active single-family homes for sale in Pendelton NY.  Average list price is $257,985 (Highest $419,900 Lowest $87,000)

Interested in finding out the current market value of your Pendelton single family home? Then call us at (716) 990-7384 to discuss what is happening in today's Western New York Real Estate Market. View additional WNY Market Area Statistics here.

 

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

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Rainmaker
120,370
DDR Realty
DDR Realty - Newburgh, NY
Orange County NY
Thanks for sharing the local stats. Pricing a home right for the market is still clearly the key.
Mar 27, 2008 08:13 AM #1
Rainer
30,475
Patrick Johnson
Windermere - Bellingham, WA
Hey there Carl. Thanks for sharing the market update. It is always interesting to see what is going on in the rest of the country, especially when you are probably at the opposite end of the northern U.S. from the Bellingham Wa. area (just 85 miles north of Seattle). What is the population of your town?
Mar 27, 2008 08:25 AM #2
Rainer
25,051
Carl DeFranco
DeFranco Real Estate Corp. - Niagara Falls, NY
Buffalo Niagara Falls Real Estate

Derrick, so very true!

Patrick, Niagara Falls has a population of approximately 50,000 people.

Mar 28, 2008 12:14 AM #3
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Rainer
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Carl DeFranco

Buffalo Niagara Falls Real Estate
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