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Wednesday, December 25, 2024

Lake Erie Beach home prices fall in the second half of 2017

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The median sale price of a home sold in the second half of 2017 in Lake Erie Beach fell by $8,494 while total sales increased by 2.6%, according to BlockShopper.com.

From July through December of 2017, there were 40 homes sold, with a median sale price of $96,500 - a 8.1% decrease over the $104,994 median sale price for the same period of the previous year. There were 39 homes sold in Lake Erie Beach in the second half of 2016.

The following table compares Lake Erie Beach to other Erie County cities with similar median sales prices in the second half of 2017:

CityJuly - Dec. 2017 Home SalesJuly - Dec. 2016 Home Sales% change (Total Home Sales)July - Dec. 2017 Median Sales PriceJuly - Dec. 2016 Median Sales Price% change (Median Sales Price)
Evans66618.2%$109,500$100,0009.5%
North Collins2611136.4%$108,000$90,00020%
Chaffee1213-7.7%$107,186.49$141,750-24.4%
Angola201625%$102,500$85,00020.6%
Lackawanna90125-28%$99,950$80,00024.9%
Lake Erie Beach40392.6%$96,500$104,994-8.1%
Collins1014-28.6%$84,850$128,000-33.7%
Sloan474211.9%$82,000$72,55013%
East Concord31200%$79,000$203,000-61.1%
Brant511-54.5%$65,100$180,000-63.8%
Gowanda52150%$56,000$70,430-20.5%

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