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Thursday, December 26, 2024

Chaffee home prices fall in the second half of 2017

Realestate1

The median sale price of a home sold in the second half of 2017 in Chaffee fell by $34,564 while total sales decreased by 7.7%, according to BlockShopper.com.

From July through December of 2017, there were 12 homes sold, with a median sale price of $107,186 - a 24.4% decrease over the $141,750 median sale price for the same period of the previous year. There were 13 homes sold in Chaffee in the second half of 2016.

The following table compares Chaffee 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)
Blasdell20200%$123,450$113,0009.2%
Angola on the Lake147100%$115,750$56,500104.9%
Cheektowaga660768-14.1%$115,000$103,00011.7%
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%

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