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Buffalo Ledger

Tuesday, November 12, 2024

Springville home prices fall in the first half of 2018

Re 7

The median sale price of a home sold in the first half of 2018 in Springville fell by $35,000 while total sales decreased by 85.7%, according to BlockShopper.com.

From January through June of 2018, there were three homes sold, with a median sale price of $60,000 - a 36.8% decrease over the $95,000 median sale price for the same period of the previous year. There were 21 homes sold in Springville in the first half of 2017.

The following table compares Springville to other Erie County cities with similar median sales prices in the first half of 2018:

CityJan. - June 2018 Home SalesJan. - June 2017 Home Sales% change (Total Home Sales)Jan. - June 2018 Median Sales PriceJan. - June 2017 Median Sales Price% change (Median Sales Price)
Holland113-92.3%$100,000$160,195.26-37.6%
Lackawanna1486-83.7%$100,000$72,10038.7%
Brant38-62.5%$90,100$100,000-9.9%
Concord121-95.2%$72,251$135,000-46.5%
Collins117-94.1%$70,000$81,500-14.1%
Evans555-90.9%$60,000$94,000-36.2%
Springville321-85.7%$60,000$95,000-36.8%
Sloan635-82.9%$46,500$67,800-31.4%
Colden120-95%$37,000$180,000-79.4%
East Concord110%$35,000$228,800-84.7%
North Collins114-92.9%$25,000$97,000-74.2%

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