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Saturday, December 28, 2024

Hamburg home prices rise in the second half of 2017

Realestate2

The median sale price of a home sold in the second half of 2017 in Hamburg rose by $12,000 while total sales decreased by 14.3%, according to BlockShopper.com.

From July through December of 2017, there were 365 homes sold, with a median sale price of $162,000 - a 8% increase over the $150,000 median sale price for the same period of the previous year. There were 426 homes sold in Hamburg in the second half of 2016.

The following table compares Hamburg 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)
North Boston1217-29.4%$176,500$140,00026.1%
Newstead1831-41.9%$175,000$165,0006.1%
Wales131118.2%$170,000$160,0006.3%
Eden3658-37.9%$168,750$157,4507.2%
Boston2631-16.1%$166,700$161,0963.5%
Hamburg365426-14.3%$162,000$150,0008%
Colden1723-26.1%$161,250$161,900-0.4%
Concord312055%$158,500$134,75017.6%
Akron1921-9.5%$150,000$137,0009.5%
Holland2425-4%$148,144.50$142,4194%
West Seneca311338-8%$145,000$136,977.505.9%

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