Update on Amherst Real Estate Market
2015 Amherst Real Estate Market presented by The DeVargas Team
Amherst real estate specialist from The Devargas Team gives an update on Amherst Real Estate Market
Contact The Devargas Team at 716- 316-1629 for more information on homes for sale in Amherst NY
2015 Update on Amherst Real Estate Market Single Family Homes activity
The Amherst Real Estate Market has spiked in the last year; between January 1 and December 31 of 2015 the Multiple Listing Service shows that 1,174 single family homeswere sold. The average property had 3 bedrooms, 2 bathrooms, 1,970 square feet, a list price in the average of $220,000, a sale to list price ratio of 97.38 percent and an average number of days’ active properties were listed was 43.
These numbers show an increase of sales between 2014 and 2015 of 7.16 percent
2015 Update onAmherst Real Estate Market Condo/Townhouse activity
Between January 1 and December 31 of 2015 in Amherst 300 Townhouse/Condos were sold, in average the properties were 2 bedrooms, 2 bathrooms with a living space of about 1,263 square feet, and a listing price of $142,000; the average list to sale price ratio was 95,7 percent with approximately 54 days on the market.
The numbers show a decrease of 4.46 percent in sales compared to 2014
2015 Update on Amherst Real Estate Market 2 – 4 Family Residential activity
Not many income properties are available in the Town of Amherst, during January and December of 2015 the MLS – Multiple Listing Services shows that 35 properties were sold, with an average of 2,257 square feet, an average list price of $166,000, the average list to sell price ratio was 98.06 percent and about 32 days on the market.
There was a decrease of 14.3 percent in sales of income properties in Amherst during 2015 compared with 2014
As per 2010 census, the Town of Amherst has a total population of 122,366 spread out in 53. 59 square miles. Amherst contains the village of Williamsville, the hamlets of Eggertsville, Getzville, Snyder, Swormville and East Amherst.
In 2011 and 2012, Amherst was selected as one of America’s 100 Best Communities for Young People by America’s Promise Alliance, it has also been ranked within the top 100 places to live in the United States. The average age group is 40.2 years old and an estimated median household income of $73,647. More information about the town of Amherst
For Current events and News in the Town of Amherst visit LiveAmherst.com
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