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Wednesday, December 25, 2024

Chaffee home prices fall in the fourth quarter of 2017

Realestate2

The median sale price of a home sold in the fourth quarter of 2017 in Chaffee fell by $52,002 while total sales increased by 16.7%, according to BlockShopper.com.

From October through December of 2017, there were seven homes sold, with a median sale price of $102,373 - a 33.7% decrease over the $154,375 median sale price for the same period of the previous year. There were six homes sold in Chaffee in the fourth quarter of 2016.

The following table compares Chaffee to other Erie County cities with similar median sales prices in the fourth quarter of 2017:

CityOct. - Dec. 2017 Home SalesOct. - Dec. 2016 Home Sales% change (Total Home Sales)Oct. - Dec. 2017 Median Sales PriceOct. - Dec. 2016 Median Sales Price% change (Median Sales Price)
Alden1214-14.3%$129,000$172,000-25%
Tonawanda297359-17.3%$127,508$118,0008.1%
Cheektowaga3233210.6%$112,500$96,00017.2%
Evans362828.6%$109,500$96,50013.5%
Angola12771.4%$108,440$85,00027.6%
Chaffee7616.7%$102,372.98$154,375-33.7%
Blasdell550%$102,000$130,000-21.5%
Lake Erie Beach241560%$96,500$109,000-11.5%
East Concord20-$95,700$0-
Colden13862.5%$95,000$190,950-50.2%
Lackawanna5658-3.4%$87,450$70,00024.9%

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