Allentown Market Report for Single Family Homes - January Update Current Real Estate Market Conditions in Allentown: As of January 12, 2009 the Allentown Single Family Market Report is as follows: 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
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